ZIP 27640 Housing Market Report

Raleigh Metro

Report period: July 2026

27640 Monthly Market Update – July 2026

ZIP 27640 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$724,900
−4.6%
Median DOM (Sales)
137
+8.7%
New Listings (Sales)
0
0
Median Rent
Median DOM (Rental)
Total Rental Listings

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened.

What's Moving Fastest

  • Fastest selling: Single Family (137 DOM)
  • Fastest renting: ( DOM)
  • Strongest bedroom: 4 Beds ($724,900 median)

Sales Market Overview

Median Price
$724,900
−4.6%
Median DOM
137
+8.7%
New Listings
0
0
Inventory
1
0.0%
  • Average Price: $724,900
  • Median Price: $724,900
  • Price Range: $724,900 – $724,900
  • Price per Sq Ft (Avg/Median): $222 / $222
  • Square Footage (Avg/Median): 3,268 / 3,268
  • Square Footage Range: 3,268 – 3,268
  • Days on Market (Avg/Median): 137 / 137
  • Days on Market Range: 137 – 137
  • New Listings: 0
  • Total Listings: 1

Sales by Property Type

Single Family
Avg/Median Price$724,900 / $724,900Range$724,900 – $724,900Price per Sq Ft$222 / $222Sq Ft3,268 / 3,268DOM137 / 137New0Total1

Sales by Bedroom Count

4 Beds
Avg:$724,900Median:$724,900Range:$724,900 – $724,900PSF:$222 / $222Sq Ft:3,268 / 3,268DOM:137 / 137New:0Total:1

Rental Market Overview

Median Rent
Median DOM
New Listings
Inventory
  • Average Rent:
  • Median Rent:
  • Rent Range:
  • Rent per Sq Ft (Avg/Median):
  • Square Footage (Avg/Median):
  • Square Footage Range:
  • Days on Market (Avg/Median):
  • Days on Market Range:
  • New Listings:
  • Total Listings:

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM:
Condo
Median DOM:
Inventory:
MoM:
Single Family
Median DOM:
Inventory:
MoM:
Townhouse
Median DOM:
Inventory:
MoM:

Rentals by Bedroom Count

6-Month Sales Trend

Feb 2026
Median Price:$760,000Median DOM:4New:1Total:1
Mar 2026
Median Price:$760,000Median DOM:35New:0Total:1
Apr 2026
Median Price:$760,000Median DOM:65New:0Total:1
May 2026
Median Price:$760,000Median DOM:96New:0Total:1
Jun 2026
Median Price:$760,000Median DOM:126New:0Total:1
Jul 2026
Median Price:$724,900Median DOM:137New:0Total:1

6-Month Rental Trend

Trend data unavailable.

Key Market Takeaways

Median sale prices softened this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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.

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