ZIP 27613 Housing Market Report

Raleigh Metro

Report period: August 2026

27613 Monthly Market Update – August 2026

ZIP 27613 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$610,000
+1.8%
Median DOM (Sales)
41
−2.4%
New Listings (Sales)
14
−70.8%
Median Rent
$1,379
+1.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
547
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Multi-Family (12 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($1,349,000 median)

Sales Market Overview

Median Price
$610,000
+1.8%
Median DOM
41
−2.4%
New Listings
14
−70.8%
Inventory
212
+0.5%
  • Average Price: $783,025
  • Median Price: $610,000
  • Price Range: $115,000 – $6,000,000
  • Price per Sq Ft (Avg/Median): $258 / $246
  • Square Footage (Avg/Median): 2,916 / 2,554
  • Square Footage Range: 1,048 – 13,700
  • Days on Market (Avg/Median): 56 / 41
  • Days on Market Range: 2 – 357
  • New Listings: 14
  • Total Listings: 212

Sales by Property Type

Condo
Avg/Median Price$291,828 / $294,900Range$239,000 – $409,900Price per Sq Ft$209 / $209Sq Ft1,401 / 1,406DOM54 / 38New1Total7
Land
Avg/Median Price$338,875 / $279,000Range$115,000 – $625,000Price per Sq FtSq FtDOM174 / 149New0Total8
Multi-Family
Avg/Median Price$490,000 / $490,000Range$490,000 – $490,000Price per Sq Ft$220 / $220Sq Ft2,231 / 2,231DOM12 / 12New0Total1
Single Family
Avg/Median Price$965,782 / $739,899Range$315,000 – $6,000,000Price per Sq Ft$275 / $259Sq Ft3,373 / 3,021DOM48 / 33New11Total150
Townhouse
Avg/Median Price$345,439 / $319,999Range$240,000 – $589,999Price per Sq Ft$210 / $211Sq Ft1,670 / 1,598DOM62 / 52New2Total46

Sales by Bedroom Count

2 Beds
Avg:$296,282Median:$295,000Range:$239,000 – $399,000PSF:$214 / $212Sq Ft:1,402 / 1,372DOM:61 / 40New:1Total:22
3 Beds
Avg:$471,629Median:$459,000Range:$250,000 – $850,000PSF:$244 / $240Sq Ft:1,946 / 1,863DOM:52 / 32New:7Total:77
4 Beds
Avg:$1,019,842Median:$785,000Range:$420,000 – $3,599,000PSF:$280 / $258Sq Ft:3,508 / 3,135DOM:49 / 41New:5Total:72
5 Beds
Avg:$1,293,332Median:$1,024,980Range:$315,000 – $3,990,000PSF:$263 / $256Sq Ft:4,617 / 3,939DOM:48 / 46New:1Total:29
6 Beds
Avg:$1,197,500Median:$1,197,500Range:$1,197,500 – $1,197,500PSF:$243 / $243Sq Ft:4,930 / 4,930DOM:68 / 68New:0Total:1
7 Beds
Avg:$3,487,500Median:$975,000Range:$975,000 – $6,000,000PSF:$366 / $294Sq Ft:8,510 / 3,319DOM:11 / 11New:0Total:2
8 Beds
Avg:$1,349,000Median:$1,349,000Range:$1,349,000 – $1,349,000PSF:$236 / $236Sq Ft:5,708 / 5,708DOM:25 / 25New:0Total:1

Rental Market Overview

Median Rent
$1,379
+1.1%
Median DOM
1
0.0%
New Listings
260
Inventory
547
0.0%
  • Average Rent: $1,508
  • Median Rent: $1,379
  • Rent Range: $800 – $6,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,028 / 955
  • Square Footage Range: 478 – 4,660
  • Days on Market (Avg/Median): 6 / 1
  • Days on Market Range: 1 – 323
  • New Listings: 260
  • Total Listings: 547

Rentals by Property Type

Apartment
$1,334
Median DOM: 1
Inventory: 480
MoM: +1.1%
Condo
$1,595
Median DOM: 11
Inventory: 2
MoM: +1.1%
Single Family
$2,150
Median DOM: 9
Inventory: 30
MoM: +1.1%
Townhouse
$1,995
Median DOM: 19
Inventory: 31
MoM: +1.1%
Apartment
Avg/Median Rent$1,396 / $1,334Range$949 – $2,912Rent per Sq Ft$2 / $2Sq Ft907 / 933DOM3 / 1New243Total480
Condo
Avg/Median Rent$1,622 / $1,595Range$1,595 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,408 / 1,408DOM30 / 11New0Total2
Multi-Family
Avg/Median Rent$1,705 / $1,700Range$1,620 – $1,750Rent per Sq Ft$2 / $1Sq Ft1,114 / 1,020DOM3 / 1New4Total4
Single Family
Avg/Median Rent$2,689 / $2,150Range$1,100 – $6,000Rent per Sq Ft$1 / $1Sq Ft2,314 / 1,992DOM26 / 9New7Total30
Townhouse
Avg/Median Rent$2,076 / $1,995Range$800 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,724 / 1,584DOM26 / 19New6Total31

Rentals by Bedroom Count

Studio
Avg:$1,908Median:$965Range:$965 – $2,850PSF:$1 / $1Sq Ft:1,611 / 563DOM:38 / 38New:0Total:2
1 Beds
Avg:$1,217Median:$1,219Range:$800 – $1,833PSF:$2 / $2Sq Ft:739 / 742DOM:5 / 1New:115Total:241
2 Beds
Avg:$1,549Median:$1,513Range:$1,122 – $2,912PSF:$1 / $1Sq Ft:1,066 / 1,066DOM:3 / 1New:117Total:227
3 Beds
Avg:$2,004Median:$1,969Range:$1,466 – $4,500PSF:$1 / $1Sq Ft:1,528 / 1,425DOM:16 / 1New:24Total:62
4 Beds
Avg:$3,320Median:$2,795Range:$2,100 – $5,500PSF:$1 / $1Sq Ft:2,685 / 2,590DOM:20 / 8New:4Total:12
5 Beds
Avg:$4,132Median:$3,600Range:$2,795 – $6,000PSF:$1 / $1Sq Ft:4,120 / 4,200DOM:18 / 15New:0Total:3

6-Month Sales Trend

Mar 2026
Median Price:$549,999Median DOM:21New:67Total:181
Apr 2026
Median Price:$579,000Median DOM:20New:71Total:205
May 2026
Median Price:$600,000Median DOM:23New:72Total:231
Jun 2026
Median Price:$624,900Median DOM:29New:60Total:232
Jul 2026
Median Price:$599,000Median DOM:42New:48Total:211
Aug 2026
Median Price:$610,000Median DOM:41New:14Total:212

6-Month Rental Trend

Mar 2026
Median Rent:$1,311Median DOM:1New:419Total:614
Apr 2026
Median Rent:$1,343Median DOM:1New:390Total:582
May 2026
Median Rent:$1,347Median DOM:1New:399Total:568
Jun 2026
Median Rent:$1,355Median DOM:1New:406Total:574
Jul 2026
Median Rent:$1,364Median DOM:1New:370Total:547
Aug 2026
Median Rent:$1,379Median DOM:1New:260Total:547

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory was flat.

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.

← Back to Raleigh Metro