ZIP 27614 Housing Market Report
Raleigh Metro
Report period: July 2026
27614 Monthly Market Update – July 2026
ZIP 27614 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$685,000
+2.4%
Median DOM (Sales)
43
+7.5%
New Listings (Sales)
28
−64.1%
Median Rent
$1,475
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
378
+0.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($975,000 median)
Sales Market Overview
Median Price
$685,000
+2.4%
Median DOM
43
+7.5%
New Listings
28
−64.1%
Inventory
263
−2.6%
- Average Price: $971,891
- Median Price: $685,000
- Price Range: $209,900 – $5,672,000
- Price per Sq Ft (Avg/Median): $257 / $223
- Square Footage (Avg/Median): 3,380 / 2,981
- Square Footage Range: 763 – 17,711
- Days on Market (Avg/Median): 60 / 43
- Days on Market Range: 2 – 355
- New Listings: 28
- Total Listings: 263
Sales by Property Type
Condo
Avg/Median Price$336,434 / $330,000Range$209,900 – $500,000Price per Sq Ft$190 / $191Sq Ft1,829 / 1,577DOM30 / 7New14Total32
Land
Avg/Median Price$802,000 / $750,000Range$460,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM160 / 185New0Total5
Single Family
Avg/Median Price$1,307,180 / $859,000Range$375,000 – $5,672,000Price per Sq Ft$291 / $250Sq Ft4,182 / 3,721DOM65 / 47New9Total169
Townhouse
Avg/Median Price$349,436 / $325,000Range$235,000 – $650,000Price per Sq Ft$193 / $191Sq Ft1,843 / 1,752DOM58 / 45New5Total57
Sales by Bedroom Count
Studio
Avg:$479,900Median:$479,900Range:$479,900 – $479,900PSF:$284 / $284Sq Ft:1,692 / 1,692DOM:28 / 28New:0Total:1
1 Beds
Avg:$209,900Median:$209,900Range:$209,900 – $209,900PSF:$275 / $275Sq Ft:763 / 763DOM:9 / 9New:0Total:1
2 Beds
Avg:$291,659Median:$275,000Range:$240,000 – $350,000PSF:$213 / $210Sq Ft:1,387 / 1,367DOM:63 / 31New:4Total:22
3 Beds
Avg:$438,586Median:$389,999Range:$235,000 – $989,900PSF:$211 / $200Sq Ft:2,069 / 1,966DOM:42 / 24New:15Total:83
4 Beds
Avg:$1,171,045Median:$825,000Range:$319,900 – $3,795,000PSF:$279 / $246Sq Ft:3,883 / 3,438DOM:62 / 50New:7Total:88
5 Beds
Avg:$1,650,031Median:$975,000Range:$445,000 – $5,672,000PSF:$309 / $249Sq Ft:4,912 / 4,658DOM:84 / 63New:2Total:58
6 Beds
Avg:$1,125,000Median:$975,000Range:$875,000 – $1,525,000PSF:$200 / $203Sq Ft:5,587 / 5,410DOM:24 / 30New:0Total:3
7 Beds
Avg:$2,979,750Median:$709,500Range:$709,500 – $5,250,000PSF:$233 / $169Sq Ft:10,949 / 4,187DOM:49 / 36New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $479,900 | $479,900 | $479,900 – $479,900 | $284 / $284 | 1,692 / 1,692 | 28 / 28 | 0 | 1 |
| 1 Beds | $209,900 | $209,900 | $209,900 – $209,900 | $275 / $275 | 763 / 763 | 9 / 9 | 0 | 1 |
| 2 Beds | $291,659 | $275,000 | $240,000 – $350,000 | $213 / $210 | 1,387 / 1,367 | 63 / 31 | 4 | 22 |
| 3 Beds | $438,586 | $389,999 | $235,000 – $989,900 | $211 / $200 | 2,069 / 1,966 | 42 / 24 | 15 | 83 |
| 4 Beds | $1,171,045 | $825,000 | $319,900 – $3,795,000 | $279 / $246 | 3,883 / 3,438 | 62 / 50 | 7 | 88 |
| 5 Beds | $1,650,031 | $975,000 | $445,000 – $5,672,000 | $309 / $249 | 4,912 / 4,658 | 84 / 63 | 2 | 58 |
| 6 Beds | $1,125,000 | $975,000 | $875,000 – $1,525,000 | $200 / $203 | 5,587 / 5,410 | 24 / 30 | 0 | 3 |
| 7 Beds | $2,979,750 | $709,500 | $709,500 – $5,250,000 | $233 / $169 | 10,949 / 4,187 | 49 / 36 | 0 | 2 |
Rental Market Overview
Median Rent
$1,475
0.0%
Median DOM
1
0.0%
New Listings
220
Inventory
378
+0.8%
- Average Rent: $1,578
- Median Rent: $1,475
- Rent Range: $969 – $7,445
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,168 / 1,096
- Square Footage Range: 550 – 7,200
- Days on Market (Avg/Median): 6 / 1
- Days on Market Range: 1 – 329
- New Listings: 220
- Total Listings: 378
Rentals by Property Type
Apartment
$1,446
Median DOM: 1
Inventory: 338
MoM: 0.0%
Condo
$1,295
Median DOM: 19
Inventory: 4
MoM: 0.0%
Single Family
$2,395
Median DOM: 1
Inventory: 17
MoM: 0.0%
Townhouse
$1,795
Median DOM: 31
Inventory: 19
MoM: 0.0%
Apartment
Avg/Median Rent$1,505 / $1,446Range$969 – $3,514Rent per Sq Ft$1 / $1Sq Ft1,075 / 1,092DOM3 / 1New208Total338
Condo
Avg/Median Rent$1,436 / $1,295Range$1,250 – $1,800Rent per Sq Ft$1 / $2Sq Ft1,060 / 819DOM45 / 19New0Total4
Single Family
Avg/Median Rent$2,750 / $2,395Range$1,699 – $7,445Rent per Sq Ft$1 / $1Sq Ft2,516 / 2,004DOM12 / 1New8Total17
Townhouse
Avg/Median Rent$1,845 / $1,795Range$1,650 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,762 / 1,696DOM58 / 31New4Total19
Rentals by Bedroom Count
1 Beds
Avg:$1,290Median:$1,255Range:$1,062 – $1,865PSF:$2 / $2Sq Ft:808 / 802DOM:2 / 1New:67Total:109
2 Beds
Avg:$1,506Median:$1,466Range:$969 – $2,105PSF:$1 / $1Sq Ft:1,128 / 1,106DOM:3 / 1New:112Total:179
3 Beds
Avg:$1,948Median:$1,803Range:$1,583 – $4,000PSF:$1 / $1Sq Ft:1,556 / 1,541DOM:18 / 1New:37Total:80
4 Beds
Avg:$2,951Median:$2,450Range:$1,950 – $7,445PSF:$1 / $1Sq Ft:2,836 / 2,125DOM:28 / 1New:3Total:9
5 Beds
Avg:$3,695Median:$3,695Range:$3,695 – $3,695PSF:$1 / $1Sq Ft:3,845 / 3,845DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,290 | $1,255 | $1,062 – $1,865 | $2 / $2 | 808 / 802 | 2 / 1 | 67 | 109 |
| 2 Beds | $1,506 | $1,466 | $969 – $2,105 | $1 / $1 | 1,128 / 1,106 | 3 / 1 | 112 | 179 |
| 3 Beds | $1,948 | $1,803 | $1,583 – $4,000 | $1 / $1 | 1,556 / 1,541 | 18 / 1 | 37 | 80 |
| 4 Beds | $2,951 | $2,450 | $1,950 – $7,445 | $1 / $1 | 2,836 / 2,125 | 28 / 1 | 3 | 9 |
| 5 Beds | $3,695 | $3,695 | $3,695 – $3,695 | $1 / $1 | 3,845 / 3,845 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$575,000Median DOM:46New:63Total:223
Mar 2026
Median Price:$649,900Median DOM:30New:82Total:232
Apr 2026
Median Price:$699,990Median DOM:25New:99Total:272
May 2026
Median Price:$750,000Median DOM:33New:71Total:270
Jun 2026
Median Price:$669,000Median DOM:40New:78Total:270
Jul 2026
Median Price:$685,000Median DOM:43New:28Total:263
6-Month Rental Trend
Feb 2026
Median Rent:$1,491Median DOM:1New:267Total:372
Mar 2026
Median Rent:$1,522Median DOM:1New:270Total:383
Apr 2026
Median Rent:$1,527Median DOM:1New:287Total:384
May 2026
Median Rent:$1,513Median DOM:1New:268Total:392
Jun 2026
Median Rent:$1,475Median DOM:1New:283Total:375
Jul 2026
Median Rent:$1,475Median DOM:1New:220Total:378
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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.
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