ZIP 27613 Housing Market Report
Raleigh Metro
Report period: May 2026
27613 Monthly Market Update – May 2026
ZIP 27613 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$584,000
+0.9%
Median DOM (Sales)
17
−15.0%
New Listings (Sales)
30
−57.7%
Median Rent
$1,336
−0.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
543
−6.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (12 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($6,000,000 median)
Sales Market Overview
Median Price
$584,000
+0.9%
Median DOM
17
−15.0%
New Listings
30
−57.7%
Inventory
224
+9.3%
- Average Price: $745,242
- Median Price: $584,000
- Price Range: $195,000 – $6,000,000
- Price per Sq Ft (Avg/Median): $254 / $248
- Square Footage (Avg/Median): 2,784 / 2,435
- Square Footage Range: 1,113 – 13,700
- Days on Market (Avg/Median): 40 / 17
- Days on Market Range: 2 – 310
- New Listings: 30
- Total Listings: 224
Sales by Property Type
Condo
Avg/Median Price$272,627 / $250,000Range$234,900 – $326,000Price per Sq Ft$205 / $192Sq Ft1,334 / 1,372DOM22 / 20New1Total11
Land
Avg/Median Price$373,611 / $279,000Range$195,000 – $625,000Price per Sq Ft—Sq Ft—DOM99 / 58New0Total9
Single Family
Avg/Median Price$932,928 / $700,000Range$329,900 – $6,000,000Price per Sq Ft$272 / $261Sq Ft3,257 / 2,869DOM34 / 12New24Total153
Townhouse
Avg/Median Price$349,702 / $315,000Range$235,000 – $599,900Price per Sq Ft$211 / $211Sq Ft1,676 / 1,543DOM49 / 26New5Total51
Sales by Bedroom Count
2 Beds
Avg:$285,213Median:$285,000Range:$234,900 – $375,000PSF:$208 / $204Sq Ft:1,383 / 1,347DOM:36 / 26New:2Total:31
3 Beds
Avg:$493,603Median:$475,000Range:$279,900 – $1,050,000PSF:$242 / $244Sq Ft:2,051 / 1,901DOM:31 / 12New:10Total:86
4 Beds
Avg:$923,010Median:$759,900Range:$425,000 – $3,500,000PSF:$271 / $257Sq Ft:3,334 / 3,158DOM:42 / 18New:6Total:67
5 Beds
Avg:$1,484,122Median:$1,198,850Range:$523,900 – $4,500,000PSF:$296 / $268Sq Ft:4,704 / 4,234DOM:41 / 11New:11Total:29
7 Beds
Avg:$6,000,000Median:$6,000,000Range:$6,000,000 – $6,000,000PSF:$438 / $438Sq Ft:13,700 / 13,700DOM:278 / 278New:0Total:1
8 Beds
Avg:$1,399,000Median:$1,399,000Range:$1,399,000 – $1,399,000PSF:$245 / $245Sq Ft:5,708 / 5,708DOM:10 / 10New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $285,213 | $285,000 | $234,900 – $375,000 | $208 / $204 | 1,383 / 1,347 | 36 / 26 | 2 | 31 |
| 3 Beds | $493,603 | $475,000 | $279,900 – $1,050,000 | $242 / $244 | 2,051 / 1,901 | 31 / 12 | 10 | 86 |
| 4 Beds | $923,010 | $759,900 | $425,000 – $3,500,000 | $271 / $257 | 3,334 / 3,158 | 42 / 18 | 6 | 67 |
| 5 Beds | $1,484,122 | $1,198,850 | $523,900 – $4,500,000 | $296 / $268 | 4,704 / 4,234 | 41 / 11 | 11 | 29 |
| 7 Beds | $6,000,000 | $6,000,000 | $6,000,000 – $6,000,000 | $438 / $438 | 13,700 / 13,700 | 278 / 278 | 0 | 1 |
| 8 Beds | $1,399,000 | $1,399,000 | $1,399,000 – $1,399,000 | $245 / $245 | 5,708 / 5,708 | 10 / 10 | 1 | 1 |
Rental Market Overview
Median Rent
$1,336
−0.5%
Median DOM
1
0.0%
New Listings
263
Inventory
543
−6.7%
- Average Rent: $1,480
- Median Rent: $1,336
- Rent Range: $792 – $7,895
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,001 / 955
- Square Footage Range: 478 – 3,645
- Days on Market (Avg/Median): 6 / 1
- Days on Market Range: 1 – 267
- New Listings: 263
- Total Listings: 543
Rentals by Property Type
Apartment
$1,296
Median DOM: 1
Inventory: 475
MoM: −0.5%
Condo
$1,595
Median DOM: 1
Inventory: 3
MoM: −0.5%
Single Family
$2,200
Median DOM: 1
Inventory: 34
MoM: −0.5%
Townhouse
$1,950
Median DOM: 8
Inventory: 31
MoM: −0.5%
Apartment
Avg/Median Rent$1,360 / $1,296Range$792 – $2,365Rent per Sq Ft$2 / $2Sq Ft900 / 828DOM3 / 1New241Total475
Condo
Avg/Median Rent$1,598 / $1,595Range$1,500 – $1,700Rent per Sq Ft$1 / $1Sq Ft1,350 / 1,350DOM35 / 1New1Total3
Single Family
Avg/Median Rent$2,665 / $2,200Range$1,285 – $7,895Rent per Sq Ft$1 / $1Sq Ft1,837 / 1,598DOM27 / 1New14Total34
Townhouse
Avg/Median Rent$2,012 / $1,950Range$800 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,632 / 1,584DOM34 / 8New7Total31
Rentals by Bedroom Count
Studio
Avg:$1,358Median:$965Range:$965 – $1,750PSF:$2 / $2Sq Ft:606 / 563DOM:1 / 1New:0Total:2
1 Beds
Avg:$1,174Median:$1,175Range:$792 – $1,503PSF:$2 / $2Sq Ft:727 / 742DOM:3 / 1New:129Total:250
2 Beds
Avg:$1,546Median:$1,501Range:$1,120 – $2,365PSF:$1 / $1Sq Ft:1,100 / 1,071DOM:6 / 1New:112Total:227
3 Beds
Avg:$2,199Median:$1,995Range:$1,486 – $7,895PSF:$1 / $1Sq Ft:1,546 / 1,425DOM:20 / 1New:17Total:54
4 Beds
Avg:$3,726Median:$3,000Range:$2,745 – $5,700PSF:$1 / $1Sq Ft:2,713 / 2,640DOM:22 / 1New:4Total:8
5 Beds
Avg:$3,870Median:$2,245Range:$2,245 – $5,495PSF:$1 / $1Sq Ft:2,880 / 2,114DOM:1 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,358 | $965 | $965 – $1,750 | $2 / $2 | 606 / 563 | 1 / 1 | 0 | 2 |
| 1 Beds | $1,174 | $1,175 | $792 – $1,503 | $2 / $2 | 727 / 742 | 3 / 1 | 129 | 250 |
| 2 Beds | $1,546 | $1,501 | $1,120 – $2,365 | $1 / $1 | 1,100 / 1,071 | 6 / 1 | 112 | 227 |
| 3 Beds | $2,199 | $1,995 | $1,486 – $7,895 | $1 / $1 | 1,546 / 1,425 | 20 / 1 | 17 | 54 |
| 4 Beds | $3,726 | $3,000 | $2,745 – $5,700 | $1 / $1 | 2,713 / 2,640 | 22 / 1 | 4 | 8 |
| 5 Beds | $3,870 | $2,245 | $2,245 – $5,495 | $1 / $1 | 2,880 / 2,114 | 1 / 1 | 1 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$549,000Median DOM:60New:20Total:167
Jan 2026
Median Price:$500,000Median DOM:69New:22Total:131
Feb 2026
Median Price:$524,000Median DOM:40New:49Total:139
Mar 2026
Median Price:$549,999Median DOM:21New:67Total:181
Apr 2026
Median Price:$579,000Median DOM:20New:71Total:205
May 2026
Median Price:$584,000Median DOM:17New:30Total:224
6-Month Rental Trend
Dec 2025
Median Rent:$1,399Median DOM:1New:377Total:524
Jan 2026
Median Rent:$1,395Median DOM:1New:379Total:539
Feb 2026
Median Rent:$1,354Median DOM:1New:434Total:583
Mar 2026
Median Rent:$1,311Median DOM:1New:419Total:614
Apr 2026
Median Rent:$1,343Median DOM:1New:390Total:582
May 2026
Median Rent:$1,336Median DOM:1New:263Total:543
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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