ZIP 27612 Housing Market Report
Raleigh Metro
Report period: August 2026
27612 Monthly Market Update – August 2026
ZIP 27612 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$559,900
−3.4%
Median DOM (Sales)
45
+4.7%
New Listings (Sales)
12
−78.2%
Median Rent
$1,482
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1,187
−1.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (8 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,450,000 median)
Sales Market Overview
Median Price
$559,900
−3.4%
Median DOM
45
+4.7%
New Listings
12
−78.2%
Inventory
208
−1.4%
- Average Price: $722,271
- Median Price: $559,900
- Price Range: $125,000 – $7,500,000
- Price per Sq Ft (Avg/Median): $272 / $252
- Square Footage (Avg/Median): 2,468 / 2,220
- Square Footage Range: 610 – 7,235
- Days on Market (Avg/Median): 63 / 45
- Days on Market Range: 2 – 311
- New Listings: 12
- Total Listings: 208
Sales by Property Type
Condo
Avg/Median Price$324,500 / $250,000Range$214,000 – $695,000Price per Sq Ft$265 / $227Sq Ft1,231 / 1,189DOM75 / 72New2Total18
Land
Avg/Median Price$560,714 / $500,000Range$125,000 – $1,200,000Price per Sq Ft—Sq Ft—DOM55 / 8New1Total7
Multi-Family
Avg/Median Price$607,450 / $315,000Range$315,000 – $899,900Price per Sq Ft$233 / $225Sq Ft2,568 / 1,400DOM100 / 26New0Total2
Single Family
Avg/Median Price$1,014,833 / $720,000Range$250,000 – $7,500,000Price per Sq Ft$316 / $291Sq Ft3,021 / 2,848DOM60 / 43New4Total102
Townhouse
Avg/Median Price$452,386 / $395,000Range$225,000 – $1,200,000Price per Sq Ft$219 / $213Sq Ft2,033 / 1,864DOM63 / 41New5Total79
Sales by Bedroom Count
Studio
Avg:$260,000Median:$250,000Range:$250,000 – $270,000PSF:$299 / $188Sq Ft:1,024 / 610DOM:44 / 26New:0Total:2
1 Beds
Avg:$229,500Median:$229,500Range:$229,500 – $229,500PSF:$286 / $286Sq Ft:802 / 802DOM:40 / 40New:0Total:1
2 Beds
Avg:$309,844Median:$279,900Range:$214,000 – $599,900PSF:$231 / $218Sq Ft:1,340 / 1,325DOM:68 / 43New:4Total:34
3 Beds
Avg:$501,013Median:$450,000Range:$250,000 – $1,200,000PSF:$256 / $252Sq Ft:1,961 / 1,844DOM:54 / 34New:5Total:78
4 Beds
Avg:$907,893Median:$725,000Range:$425,000 – $2,795,000PSF:$283 / $259Sq Ft:3,087 / 2,909DOM:67 / 56New:2Total:60
5 Beds
Avg:$1,661,535Median:$1,199,900Range:$550,000 – $7,500,000PSF:$365 / $284Sq Ft:4,118 / 3,929DOM:80 / 60New:0Total:20
6 Beds
Avg:$1,468,000Median:$1,450,000Range:$700,000 – $2,250,000PSF:$307 / $289Sq Ft:4,684 / 5,128DOM:37 / 9New:0Total:5
8 Beds
Avg:$899,900Median:$899,900Range:$899,900 – $899,900PSF:$241 / $241Sq Ft:3,737 / 3,737DOM:173 / 173New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $260,000 | $250,000 | $250,000 – $270,000 | $299 / $188 | 1,024 / 610 | 44 / 26 | 0 | 2 |
| 1 Beds | $229,500 | $229,500 | $229,500 – $229,500 | $286 / $286 | 802 / 802 | 40 / 40 | 0 | 1 |
| 2 Beds | $309,844 | $279,900 | $214,000 – $599,900 | $231 / $218 | 1,340 / 1,325 | 68 / 43 | 4 | 34 |
| 3 Beds | $501,013 | $450,000 | $250,000 – $1,200,000 | $256 / $252 | 1,961 / 1,844 | 54 / 34 | 5 | 78 |
| 4 Beds | $907,893 | $725,000 | $425,000 – $2,795,000 | $283 / $259 | 3,087 / 2,909 | 67 / 56 | 2 | 60 |
| 5 Beds | $1,661,535 | $1,199,900 | $550,000 – $7,500,000 | $365 / $284 | 4,118 / 3,929 | 80 / 60 | 0 | 20 |
| 6 Beds | $1,468,000 | $1,450,000 | $700,000 – $2,250,000 | $307 / $289 | 4,684 / 5,128 | 37 / 9 | 0 | 5 |
| 8 Beds | $899,900 | $899,900 | $899,900 – $899,900 | $241 / $241 | 3,737 / 3,737 | 173 / 173 | 0 | 1 |
Rental Market Overview
Median Rent
$1,482
−0.2%
Median DOM
1
0.0%
New Listings
660
Inventory
1,187
−1.9%
- Average Rent: $1,574
- Median Rent: $1,482
- Rent Range: $946 – $4,600
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 976 / 923
- Square Footage Range: 337 – 4,266
- Days on Market (Avg/Median): 5 / 1
- Days on Market Range: 1 – 363
- New Listings: 660
- Total Listings: 1,187
Rentals by Property Type
Apartment
$1,462
Median DOM: 1
Inventory: 1,113
MoM: −0.2%
Condo
$1,600
Median DOM: 8
Inventory: 8
MoM: −0.2%
Single Family
$2,600
Median DOM: 6
Inventory: 29
MoM: −0.2%
Townhouse
$1,895
Median DOM: 10
Inventory: 35
MoM: −0.2%
Apartment
Avg/Median Rent$1,524 / $1,462Range$946 – $4,355Rent per Sq Ft$2 / $2Sq Ft932 / 896DOM3 / 1New638Total1,113
Condo
Avg/Median Rent$1,648 / $1,600Range$1,395 – $2,150Rent per Sq Ft$2 / $2Sq Ft965 / 836DOM24 / 8New3Total8
Multi-Family
Avg/Median Rent$2,678 / $1,395Range$1,395 – $3,960Rent per Sq Ft$3 / $1Sq Ft1,025 / 950DOM10 / 10New1Total2
Single Family
Avg/Median Rent$2,804 / $2,600Range$1,650 – $4,600Rent per Sq Ft$1 / $1Sq Ft2,161 / 2,212DOM32 / 6New9Total29
Townhouse
Avg/Median Rent$2,040 / $1,895Range$1,395 – $3,290Rent per Sq Ft$1 / $1Sq Ft1,513 / 1,400DOM42 / 10New9Total35
Rentals by Bedroom Count
Studio
Avg:$1,334Median:$1,336Range:$946 – $2,600PSF:$2 / $2Sq Ft:575 / 564DOM:6 / 1New:31Total:71
1 Beds
Avg:$1,360Median:$1,378Range:$980 – $2,267PSF:$2 / $2Sq Ft:760 / 772DOM:3 / 1New:293Total:499
2 Beds
Avg:$1,646Median:$1,609Range:$1,067 – $3,960PSF:$2 / $2Sq Ft:1,084 / 1,091DOM:3 / 1New:272Total:498
3 Beds
Avg:$2,188Median:$2,075Range:$1,459 – $4,355PSF:$1 / $1Sq Ft:1,546 / 1,467DOM:10 / 1New:62Total:106
4 Beds
Avg:$3,142Median:$3,050Range:$2,200 – $4,000PSF:$1 / $1Sq Ft:2,634 / 2,400DOM:52 / 30New:2Total:11
5 Beds
Avg:$4,050Median:$3,500Range:$3,500 – $4,600PSF:$1 / $1Sq Ft:2,948 / 2,536DOM:25 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,334 | $1,336 | $946 – $2,600 | $2 / $2 | 575 / 564 | 6 / 1 | 31 | 71 |
| 1 Beds | $1,360 | $1,378 | $980 – $2,267 | $2 / $2 | 760 / 772 | 3 / 1 | 293 | 499 |
| 2 Beds | $1,646 | $1,609 | $1,067 – $3,960 | $2 / $2 | 1,084 / 1,091 | 3 / 1 | 272 | 498 |
| 3 Beds | $2,188 | $2,075 | $1,459 – $4,355 | $1 / $1 | 1,546 / 1,467 | 10 / 1 | 62 | 106 |
| 4 Beds | $3,142 | $3,050 | $2,200 – $4,000 | $1 / $1 | 2,634 / 2,400 | 52 / 30 | 2 | 11 |
| 5 Beds | $4,050 | $3,500 | $3,500 – $4,600 | $1 / $1 | 2,948 / 2,536 | 25 / 1 | 0 | 2 |
6-Month Sales Trend
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:$579,900Median DOM:43New:55Total:211
Aug 2026
Median Price:$559,900Median DOM:45New:12Total:208
6-Month Rental Trend
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:$1,485Median DOM:1New:789Total:1,210
Aug 2026
Median Rent:$1,482Median DOM:1New:660Total:1,187
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 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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