ZIP 27615 Housing Market Report
Raleigh Metro
Report period: July 2026
27615 Monthly Market Update – July 2026
ZIP 27615 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$545,000
+1.1%
Median DOM (Sales)
45
+4.7%
New Listings (Sales)
22
−59.3%
Median Rent
$1,500
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
619
−2.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (44 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($5,750,000 median)
Sales Market Overview
Median Price
$545,000
+1.1%
Median DOM
45
+4.7%
New Listings
22
−59.3%
Inventory
259
+1.6%
- Average Price: $979,625
- Median Price: $545,000
- Price Range: $120,000 – $9,500,000
- Price per Sq Ft (Avg/Median): $293 / $242
- Square Footage (Avg/Median): 2,740 / 2,188
- Square Footage Range: 997 – 13,245
- Days on Market (Avg/Median): 64 / 45
- Days on Market Range: 2 – 359
- New Listings: 22
- Total Listings: 259
Sales by Property Type
Condo
Avg/Median Price$242,073 / $245,000Range$129,000 – $350,000Price per Sq Ft$199 / $192Sq Ft1,235 / 1,120DOM74 / 45New1Total22
Land
Avg/Median Price$581,875 / $345,000Range$120,000 – $1,550,000Price per Sq Ft—Sq Ft—DOM77 / 68New1Total8
Single Family
Avg/Median Price$1,349,516 / $709,500Range$275,000 – $9,500,000Price per Sq Ft$337 / $273Sq Ft3,371 / 2,823DOM64 / 44New16Total163
Townhouse
Avg/Median Price$360,170 / $300,000Range$215,000 – $899,000Price per Sq Ft$214 / $211Sq Ft1,684 / 1,374DOM61 / 54New4Total66
Sales by Bedroom Count
Studio
Avg:$279,900Median:$279,900Range:$279,900 – $279,900PSF:$196 / $196Sq Ft:1,430 / 1,430DOM:3 / 3New:1Total:1
2 Beds
Avg:$267,127Median:$254,900Range:$175,000 – $435,000PSF:$218 / $214Sq Ft:1,224 / 1,171DOM:67 / 57New:1Total:45
3 Beds
Avg:$457,704Median:$425,000Range:$129,000 – $930,000PSF:$242 / $230Sq Ft:1,904 / 1,835DOM:51 / 34New:8Total:79
4 Beds
Avg:$788,144Median:$650,000Range:$400,000 – $2,999,000PSF:$261 / $244Sq Ft:2,944 / 2,739DOM:60 / 44New:8Total:82
5 Beds
Avg:$2,819,522Median:$2,875,000Range:$625,000 – $9,500,000PSF:$513 / $515Sq Ft:5,110 / 5,213DOM:96 / 72New:2Total:40
6 Beds
Avg:$5,800,000Median:$5,750,000Range:$699,999 – $8,500,000PSF:$603 / $623Sq Ft:8,764 / 6,729DOM:82 / 67New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $279,900 | $279,900 | $279,900 – $279,900 | $196 / $196 | 1,430 / 1,430 | 3 / 3 | 1 | 1 |
| 2 Beds | $267,127 | $254,900 | $175,000 – $435,000 | $218 / $214 | 1,224 / 1,171 | 67 / 57 | 1 | 45 |
| 3 Beds | $457,704 | $425,000 | $129,000 – $930,000 | $242 / $230 | 1,904 / 1,835 | 51 / 34 | 8 | 79 |
| 4 Beds | $788,144 | $650,000 | $400,000 – $2,999,000 | $261 / $244 | 2,944 / 2,739 | 60 / 44 | 8 | 82 |
| 5 Beds | $2,819,522 | $2,875,000 | $625,000 – $9,500,000 | $513 / $515 | 5,110 / 5,213 | 96 / 72 | 2 | 40 |
| 6 Beds | $5,800,000 | $5,750,000 | $699,999 – $8,500,000 | $603 / $623 | 8,764 / 6,729 | 82 / 67 | 1 | 4 |
Rental Market Overview
Median Rent
$1,500
0.0%
Median DOM
1
0.0%
New Listings
352
Inventory
619
−2.5%
- Average Rent: $1,589
- Median Rent: $1,500
- Rent Range: $675 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,045 / 975
- Square Footage Range: 460 – 3,724
- Days on Market (Avg/Median): 5 / 1
- Days on Market Range: 1 – 308
- New Listings: 352
- Total Listings: 619
Rentals by Property Type
Apartment
$1,472
Median DOM: 1
Inventory: 547
MoM: 0.0%
Condo
$1,500
Median DOM: 6
Inventory: 10
MoM: 0.0%
Single Family
$2,400
Median DOM: 1
Inventory: 41
MoM: 0.0%
Townhouse
$1,825
Median DOM: 28
Inventory: 21
MoM: 0.0%
Apartment
Avg/Median Rent$1,494 / $1,472Range$920 – $2,567Rent per Sq Ft$2 / $2Sq Ft955 / 905DOM2 / 1New335Total547
Condo
Avg/Median Rent$1,466 / $1,500Range$1,095 – $1,750Rent per Sq Ft$1 / $1Sq Ft1,151 / 1,122DOM25 / 6New4Total10
Single Family
Avg/Median Rent$2,701 / $2,400Range$675 – $6,500Rent per Sq Ft$1 / $1Sq Ft2,054 / 2,047DOM32 / 1New8Total41
Townhouse
Avg/Median Rent$1,937 / $1,825Range$1,395 – $3,750Rent per Sq Ft$1 / $1Sq Ft1,597 / 1,500DOM38 / 28New5Total21
Rentals by Bedroom Count
Studio
Avg:$1,975Median:$1,975Range:$1,975 – $1,975PSF:$2 / $2Sq Ft:1,224 / 1,224DOM:6 / 6New:1Total:1
1 Beds
Avg:$1,318Median:$1,299Range:$675 – $2,024PSF:$2 / $2Sq Ft:762 / 776DOM:3 / 1New:127Total:228
2 Beds
Avg:$1,563Median:$1,529Range:$1,185 – $2,295PSF:$2 / $2Sq Ft:1,036 / 1,006DOM:2 / 1New:169Total:272
3 Beds
Avg:$1,985Median:$1,845Range:$1,095 – $6,300PSF:$1 / $1Sq Ft:1,476 / 1,395DOM:15 / 1New:52Total:100
4 Beds
Avg:$2,667Median:$2,590Range:$1,950 – $3,750PSF:$1 / $1Sq Ft:2,314 / 2,280DOM:22 / 14New:2Total:11
5 Beds
Avg:$3,969Median:$3,549Range:$2,525 – $6,500PSF:$1 / $1Sq Ft:3,183 / 3,073DOM:34 / 1New:1Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,975 | $1,975 | $1,975 – $1,975 | $2 / $2 | 1,224 / 1,224 | 6 / 6 | 1 | 1 |
| 1 Beds | $1,318 | $1,299 | $675 – $2,024 | $2 / $2 | 762 / 776 | 3 / 1 | 127 | 228 |
| 2 Beds | $1,563 | $1,529 | $1,185 – $2,295 | $2 / $2 | 1,036 / 1,006 | 2 / 1 | 169 | 272 |
| 3 Beds | $1,985 | $1,845 | $1,095 – $6,300 | $1 / $1 | 1,476 / 1,395 | 15 / 1 | 52 | 100 |
| 4 Beds | $2,667 | $2,590 | $1,950 – $3,750 | $1 / $1 | 2,314 / 2,280 | 22 / 14 | 2 | 11 |
| 5 Beds | $3,969 | $3,549 | $2,525 – $6,500 | $1 / $1 | 3,183 / 3,073 | 34 / 1 | 1 | 7 |
6-Month Sales Trend
Feb 2026
Median Price:$575,000Median DOM:44New:51Total:183
Mar 2026
Median Price:$574,999Median DOM:28New:64Total:199
Apr 2026
Median Price:$539,900Median DOM:27New:84Total:238
May 2026
Median Price:$535,000Median DOM:31New:72Total:262
Jun 2026
Median Price:$539,000Median DOM:43New:54Total:255
Jul 2026
Median Price:$545,000Median DOM:45New:22Total:259
6-Month Rental Trend
Feb 2026
Median Rent:$1,422Median DOM:1New:403Total:565
Mar 2026
Median Rent:$1,450Median DOM:1New:411Total:587
Apr 2026
Median Rent:$1,499Median DOM:1New:430Total:577
May 2026
Median Rent:$1,510Median DOM:1New:439Total:604
Jun 2026
Median Rent:$1,500Median DOM:1New:445Total:635
Jul 2026
Median Rent:$1,500Median DOM:1New:352Total:619
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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