ZIP 27608 Housing Market Report
Raleigh Metro
Report period: July 2026
27608 Monthly Market Update – July 2026
ZIP 27608 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$1,100,000
+0.2%
Median DOM (Sales)
65
+20.4%
New Listings (Sales)
5
−80.8%
Median Rent
$1,950
+5.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
165
−1.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (43 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($2,395,000 median)
Sales Market Overview
Median Price
$1,100,000
+0.2%
Median DOM
65
+20.4%
New Listings
5
−80.8%
Inventory
125
−3.8%
- Average Price: $1,263,826
- Median Price: $1,100,000
- Price Range: $250,000 – $3,295,000
- Price per Sq Ft (Avg/Median): $477 / $451
- Square Footage (Avg/Median): 2,687 / 2,463
- Square Footage Range: 644 – 7,502
- Days on Market (Avg/Median): 80 / 65
- Days on Market Range: 2 – 288
- New Listings: 5
- Total Listings: 125
Sales by Property Type
Condo
Avg/Median Price$1,141,552 / $900,000Range$250,000 – $3,295,000Price per Sq Ft$550 / $472Sq Ft1,993 / 1,952DOM73 / 65New2Total29
Land
Avg/Median Price$892,750 / $725,000Range$315,000 – $1,600,000Price per Sq Ft—Sq Ft—DOM88 / 87New0Total8
Single Family
Avg/Median Price$1,552,630 / $1,415,000Range$315,000 – $3,250,000Price per Sq Ft$459 / $445Sq Ft3,404 / 3,386DOM59 / 43New2Total53
Townhouse
Avg/Median Price$1,012,623 / $900,000Range$289,900 – $3,295,000Price per Sq Ft$442 / $450Sq Ft2,175 / 2,098DOM115 / 103New1Total35
Sales by Bedroom Count
1 Beds
Avg:$289,900Median:$289,900Range:$289,900 – $289,900PSF:$315 / $315Sq Ft:921 / 921DOM:174 / 174New:0Total:1
2 Beds
Avg:$683,781Median:$547,000Range:$250,000 – $2,295,000PSF:$462 / $410Sq Ft:1,408 / 1,313DOM:65 / 64New:1Total:21
3 Beds
Avg:$1,094,032Median:$900,000Range:$315,000 – $3,295,000PSF:$494 / $458Sq Ft:2,161 / 2,060DOM:99 / 97New:3Total:44
4 Beds
Avg:$1,536,878Median:$1,415,000Range:$735,000 – $3,250,000PSF:$481 / $505Sq Ft:3,188 / 2,867DOM:67 / 57New:0Total:37
5 Beds
Avg:$2,190,833Median:$2,275,000Range:$1,250,000 – $2,999,000PSF:$442 / $436Sq Ft:4,997 / 4,386DOM:64 / 49New:1Total:12
6 Beds
Avg:$2,447,500Median:$2,395,000Range:$2,395,000 – $2,500,000PSF:$456 / $403Sq Ft:5,424 / 4,905DOM:85 / 15New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $289,900 | $289,900 | $289,900 – $289,900 | $315 / $315 | 921 / 921 | 174 / 174 | 0 | 1 |
| 2 Beds | $683,781 | $547,000 | $250,000 – $2,295,000 | $462 / $410 | 1,408 / 1,313 | 65 / 64 | 1 | 21 |
| 3 Beds | $1,094,032 | $900,000 | $315,000 – $3,295,000 | $494 / $458 | 2,161 / 2,060 | 99 / 97 | 3 | 44 |
| 4 Beds | $1,536,878 | $1,415,000 | $735,000 – $3,250,000 | $481 / $505 | 3,188 / 2,867 | 67 / 57 | 0 | 37 |
| 5 Beds | $2,190,833 | $2,275,000 | $1,250,000 – $2,999,000 | $442 / $436 | 4,997 / 4,386 | 64 / 49 | 1 | 12 |
| 6 Beds | $2,447,500 | $2,395,000 | $2,395,000 – $2,500,000 | $456 / $403 | 5,424 / 4,905 | 85 / 15 | 0 | 2 |
Rental Market Overview
Median Rent
$1,950
+5.4%
Median DOM
1
0.0%
New Listings
59
Inventory
165
−1.8%
- Average Rent: $2,136
- Median Rent: $1,950
- Rent Range: $1,095 – $7,250
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,000 / 950
- Square Footage Range: 540 – 3,044
- Days on Market (Avg/Median): 7 / 1
- Days on Market Range: 1 – 228
- New Listings: 59
- Total Listings: 165
Rentals by Property Type
Apartment
$1,991
Median DOM: 1
Inventory: 133
MoM: +5.4%
Condo
$1,195
Median DOM: 1
Inventory: 2
MoM: +5.4%
Single Family
$1,950
Median DOM: 1
Inventory: 18
MoM: +5.4%
Townhouse
$1,750
Median DOM: 18
Inventory: 10
MoM: +5.4%
Apartment
Avg/Median Rent$2,082 / $1,991Range$1,250 – $4,040Rent per Sq Ft$2 / $2Sq Ft945 / 936DOM4 / 1New51Total133
Condo
Avg/Median Rent$1,372 / $1,195Range$1,195 – $1,550Rent per Sq Ft$2 / $1Sq Ft775 / 700DOM27 / 1New1Total2
Multi-Family
Avg/Median Rent$1,692 / $1,385Range$1,385 – $2,000Rent per Sq Ft$2 / $2Sq Ft865 / 730DOM31 / 15New0Total2
Single Family
Avg/Median Rent$2,767 / $1,950Range$1,325 – $7,250Rent per Sq Ft$2 / $2Sq Ft1,345 / 1,146DOM14 / 1New6Total18
Townhouse
Avg/Median Rent$1,972 / $1,750Range$1,095 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,281 / 1,178DOM32 / 18New1Total10
Rentals by Bedroom Count
Studio
Avg:$1,825Median:$1,545Range:$1,333 – $2,950PSF:$2 / $2Sq Ft:820 / 540DOM:18 / 12New:0Total:5
1 Beds
Avg:$1,708Median:$1,682Range:$1,095 – $2,258PSF:$2 / $2Sq Ft:752 / 721DOM:1 / 1New:21Total:63
2 Beds
Avg:$2,233Median:$2,126Range:$1,195 – $4,400PSF:$2 / $2Sq Ft:1,078 / 1,051DOM:10 / 1New:34Total:86
3 Beds
Avg:$3,563Median:$2,825Range:$2,250 – $7,250PSF:$2 / $2Sq Ft:1,583 / 1,472DOM:9 / 1New:4Total:8
4 Beds
Avg:$5,082Median:$5,500Range:$3,750 – $5,995PSF:$2 / $2Sq Ft:2,689 / 2,900DOM:17 / 18New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,825 | $1,545 | $1,333 – $2,950 | $2 / $2 | 820 / 540 | 18 / 12 | 0 | 5 |
| 1 Beds | $1,708 | $1,682 | $1,095 – $2,258 | $2 / $2 | 752 / 721 | 1 / 1 | 21 | 63 |
| 2 Beds | $2,233 | $2,126 | $1,195 – $4,400 | $2 / $2 | 1,078 / 1,051 | 10 / 1 | 34 | 86 |
| 3 Beds | $3,563 | $2,825 | $2,250 – $7,250 | $2 / $2 | 1,583 / 1,472 | 9 / 1 | 4 | 8 |
| 4 Beds | $5,082 | $5,500 | $3,750 – $5,995 | $2 / $2 | 2,689 / 2,900 | 17 / 18 | 0 | 3 |
6-Month Sales Trend
Feb 2026
Median Price:$1,125,000Median DOM:55New:28Total:107
Mar 2026
Median Price:$1,125,000Median DOM:32New:50Total:140
Apr 2026
Median Price:$999,000Median DOM:45New:18Total:126
May 2026
Median Price:$1,095,000Median DOM:58New:29Total:132
Jun 2026
Median Price:$1,097,600Median DOM:54New:26Total:130
Jul 2026
Median Price:$1,100,000Median DOM:65New:5Total:125
6-Month Rental Trend
Feb 2026
Median Rent:$1,810Median DOM:1New:136Total:166
Mar 2026
Median Rent:$1,806Median DOM:1New:141Total:174
Apr 2026
Median Rent:$1,809Median DOM:1New:136Total:171
May 2026
Median Rent:$1,819Median DOM:1New:130Total:181
Jun 2026
Median Rent:$1,850Median DOM:1New:111Total:168
Jul 2026
Median Rent:$1,950Median DOM:1New:59Total:165
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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