ZIP 27612 Housing Market Report
Raleigh Metro
Report period: July 2026
27612 Monthly Market Update – July 2026
ZIP 27612 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$587,500
−0.4%
Median DOM (Sales)
40
+17.6%
New Listings (Sales)
24
−52.0%
Median Rent
$1,477
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1,353
+2.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (30 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,545,000 median)
Sales Market Overview
Median Price
$587,500
−0.4%
Median DOM
40
+17.6%
New Listings
24
−52.0%
Inventory
209
−0.5%
- Average Price: $769,989
- Median Price: $587,500
- Price Range: $125,000 – $7,500,000
- Price per Sq Ft (Avg/Median): $278 / $256
- Square Footage (Avg/Median): 2,568 / 2,278
- Square Footage Range: 802 – 7,235
- Days on Market (Avg/Median): 53 / 40
- Days on Market Range: 2 – 288
- New Listings: 24
- Total Listings: 209
Sales by Property Type
Condo
Avg/Median Price$344,041 / $262,500Range$205,000 – $695,000Price per Sq Ft$262 / $247Sq Ft1,282 / 1,202DOM75 / 66New1Total17
Land
Avg/Median Price$610,643 / $549,000Range$125,000 – $1,200,000Price per Sq Ft—Sq Ft—DOM59 / 34New1Total7
Multi-Family
Avg/Median Price$899,900 / $899,900Range$899,900 – $899,900Price per Sq Ft$241 / $241Sq Ft3,737 / 3,737DOM143 / 143New0Total1
Single Family
Avg/Median Price$1,051,789 / $750,000Range$250,000 – $7,500,000Price per Sq Ft$321 / $294Sq Ft3,074 / 2,988DOM50 / 37New13Total109
Townhouse
Avg/Median Price$470,128 / $425,000Range$205,000 – $1,275,000Price per Sq Ft$221 / $212Sq Ft2,110 / 2,024DOM52 / 30New9Total75
Sales by Bedroom Count
Studio
Avg:$345,000Median:$270,000Range:$270,000 – $420,000PSF:$205 / $188Sq Ft:1,668 / 1,437DOM:36 / 11New:0Total:2
1 Beds
Avg:$229,500Median:$229,500Range:$229,500 – $229,500PSF:$286 / $286Sq Ft:802 / 802DOM:10 / 10New:1Total:1
2 Beds
Avg:$321,992Median:$279,900Range:$205,000 – $599,900PSF:$241 / $225Sq Ft:1,319 / 1,216DOM:75 / 70New:2Total:26
3 Beds
Avg:$506,683Median:$455,000Range:$250,000 – $1,275,000PSF:$255 / $252Sq Ft:1,990 / 1,864DOM:48 / 30New:11Total:77
4 Beds
Avg:$878,851Median:$715,000Range:$425,000 – $2,795,000PSF:$280 / $263Sq Ft:3,027 / 2,875DOM:52 / 40New:8Total:64
5 Beds
Avg:$1,678,181Median:$1,545,000Range:$570,000 – $7,500,000PSF:$379 / $341Sq Ft:4,094 / 4,061DOM:56 / 35New:0Total:27
6 Beds
Avg:$1,472,500Median:$1,375,000Range:$700,000 – $2,250,000PSF:$300 / $265Sq Ft:4,784 / 5,128DOM:35 / 8New:1Total:4
8 Beds
Avg:$899,900Median:$899,900Range:$899,900 – $899,900PSF:$241 / $241Sq Ft:3,737 / 3,737DOM:143 / 143New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $345,000 | $270,000 | $270,000 – $420,000 | $205 / $188 | 1,668 / 1,437 | 36 / 11 | 0 | 2 |
| 1 Beds | $229,500 | $229,500 | $229,500 – $229,500 | $286 / $286 | 802 / 802 | 10 / 10 | 1 | 1 |
| 2 Beds | $321,992 | $279,900 | $205,000 – $599,900 | $241 / $225 | 1,319 / 1,216 | 75 / 70 | 2 | 26 |
| 3 Beds | $506,683 | $455,000 | $250,000 – $1,275,000 | $255 / $252 | 1,990 / 1,864 | 48 / 30 | 11 | 77 |
| 4 Beds | $878,851 | $715,000 | $425,000 – $2,795,000 | $280 / $263 | 3,027 / 2,875 | 52 / 40 | 8 | 64 |
| 5 Beds | $1,678,181 | $1,545,000 | $570,000 – $7,500,000 | $379 / $341 | 4,094 / 4,061 | 56 / 35 | 0 | 27 |
| 6 Beds | $1,472,500 | $1,375,000 | $700,000 – $2,250,000 | $300 / $265 | 4,784 / 5,128 | 35 / 8 | 1 | 4 |
| 8 Beds | $899,900 | $899,900 | $899,900 – $899,900 | $241 / $241 | 3,737 / 3,737 | 143 / 143 | 0 | 1 |
Rental Market Overview
Median Rent
$1,477
−0.2%
Median DOM
1
0.0%
New Listings
658
Inventory
1,353
+2.0%
- Average Rent: $1,575
- Median Rent: $1,477
- Rent Range: $700 – $7,095
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 986 / 935
- Square Footage Range: 337 – 4,309
- Days on Market (Avg/Median): 5 / 1
- Days on Market Range: 1 – 346
- New Listings: 658
- Total Listings: 1,353
Rentals by Property Type
Apartment
$1,459
Median DOM: 1
Inventory: 1,271
MoM: −0.2%
Condo
$1,400
Median DOM: 19
Inventory: 8
MoM: −0.2%
Single Family
$2,600
Median DOM: 5
Inventory: 33
MoM: −0.2%
Townhouse
$1,900
Median DOM: 10
Inventory: 39
MoM: −0.2%
Apartment
Avg/Median Rent$1,526 / $1,459Range$946 – $4,355Rent per Sq Ft$2 / $2Sq Ft943 / 900DOM3 / 1New637Total1,271
Condo
Avg/Median Rent$1,517 / $1,400Range$1,295 – $1,800Rent per Sq Ft$2 / $2Sq Ft771 / 836DOM73 / 19New2Total8
Multi-Family
Avg/Median Rent$2,678 / $1,395Range$1,395 – $3,960Rent per Sq Ft$3 / $1Sq Ft1,025 / 950DOM4 / 4New1Total2
Single Family
Avg/Median Rent$2,900 / $2,600Range$1,650 – $7,095Rent per Sq Ft$1 / $1Sq Ft2,119 / 1,800DOM27 / 5New7Total33
Townhouse
Avg/Median Rent$1,982 / $1,900Range$700 – $3,290Rent per Sq Ft$1 / $1Sq Ft1,565 / 1,485DOM40 / 10New11Total39
Rentals by Bedroom Count
Studio
Avg:$1,330Median:$1,323Range:$946 – $2,600PSF:$2 / $2Sq Ft:565 / 564DOM:10 / 1New:37Total:72
1 Beds
Avg:$1,339Median:$1,350Range:$700 – $2,342PSF:$2 / $2Sq Ft:756 / 772DOM:4 / 1New:269Total:560
2 Beds
Avg:$1,645Median:$1,605Range:$985 – $3,960PSF:$2 / $2Sq Ft:1,091 / 1,108DOM:4 / 1New:295Total:573
3 Beds
Avg:$2,170Median:$2,020Range:$1,464 – $4,700PSF:$1 / $1Sq Ft:1,528 / 1,467DOM:8 / 1New:55Total:134
4 Beds
Avg:$3,630Median:$3,250Range:$2,200 – $7,095PSF:$1 / $1Sq Ft:2,865 / 2,400DOM:46 / 15New:2Total:12
5 Beds
Avg:$4,050Median:$3,500Range:$3,500 – $4,600PSF:$1 / $1Sq Ft:2,948 / 2,536DOM:10 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,330 | $1,323 | $946 – $2,600 | $2 / $2 | 565 / 564 | 10 / 1 | 37 | 72 |
| 1 Beds | $1,339 | $1,350 | $700 – $2,342 | $2 / $2 | 756 / 772 | 4 / 1 | 269 | 560 |
| 2 Beds | $1,645 | $1,605 | $985 – $3,960 | $2 / $2 | 1,091 / 1,108 | 4 / 1 | 295 | 573 |
| 3 Beds | $2,170 | $2,020 | $1,464 – $4,700 | $1 / $1 | 1,528 / 1,467 | 8 / 1 | 55 | 134 |
| 4 Beds | $3,630 | $3,250 | $2,200 – $7,095 | $1 / $1 | 2,865 / 2,400 | 46 / 15 | 2 | 12 |
| 5 Beds | $4,050 | $3,500 | $3,500 – $4,600 | $1 / $1 | 2,948 / 2,536 | 10 / 1 | 0 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$535,700Median DOM:39New:52Total:202
Mar 2026
Median Price:$585,000Median DOM:34New:56Total:202
Apr 2026
Median Price:$585,000Median DOM:33New:62Total:202
May 2026
Median Price:$575,000Median DOM:28New:73Total:226
Jun 2026
Median Price:$589,900Median DOM:34New:50Total:210
Jul 2026
Median Price:$587,500Median DOM:40New:24Total:209
6-Month Rental Trend
Feb 2026
Median Rent:$1,458Median DOM:1New:917Total:1,207
Mar 2026
Median Rent:$1,474Median DOM:1New:961Total:1,260
Apr 2026
Median Rent:$1,465Median DOM:1New:941Total:1,248
May 2026
Median Rent:$1,472Median DOM:1New:951Total:1,288
Jun 2026
Median Rent:$1,480Median DOM:1New:930Total:1,326
Jul 2026
Median Rent:$1,477Median DOM:1New:658Total:1,353
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory increased.
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.
272072720827231272432725227256272782731227344275022750327504275082751027511275122751327514275152751627517275182751927520275232752427525275262752727529+50 more
← Back to Raleigh Metro