ZIP 27712 Housing Market Report
Raleigh Metro
Report period: July 2026
27712 Monthly Market Update – July 2026
ZIP 27712 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$499,000
+0.8%
Median DOM (Sales)
55
+14.6%
New Listings (Sales)
12
−65.7%
Median Rent
$2,250
0.0%
Median DOM (Rental)
1
−50.0%
Total Rental Listings
33
+6.5%
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: Townhouse (44 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($850,000 median)
Sales Market Overview
Median Price
$499,000
+0.8%
Median DOM
55
+14.6%
New Listings
12
−65.7%
Inventory
156
−2.5%
- Average Price: $521,222
- Median Price: $499,000
- Price Range: $45,000 – $2,399,999
- Price per Sq Ft (Avg/Median): $229 / $223
- Square Footage (Avg/Median): 2,489 / 2,461
- Square Footage Range: 870 – 8,242
- Days on Market (Avg/Median): 66 / 55
- Days on Market Range: 2 – 351
- New Listings: 12
- Total Listings: 156
Sales by Property Type
Land
Avg/Median Price$250,631 / $90,000Range$45,000 – $1,799,999Price per Sq Ft—Sq Ft—DOM109 / 65New1Total19
Single Family
Avg/Median Price$561,982 / $508,500Range$245,000 – $2,399,999Price per Sq Ft$230 / $224Sq Ft2,500 / 2,461DOM60 / 49New11Total129
Townhouse
Avg/Median Price$506,612 / $465,000Range$325,000 – $625,000Price per Sq Ft$218 / $211Sq Ft2,314 / 2,202DOM74 / 44New0Total8
Sales by Bedroom Count
2 Beds
Avg:$345,375Median:$325,000Range:$309,000 – $400,000PSF:$308 / $328Sq Ft:1,160 / 1,060DOM:58 / 47New:0Total:4
3 Beds
Avg:$428,846Median:$399,900Range:$245,000 – $850,900PSF:$235 / $236Sq Ft:1,847 / 1,735DOM:58 / 46New:7Total:64
4 Beds
Avg:$651,263Median:$625,000Range:$364,900 – $1,550,000PSF:$220 / $217Sq Ft:2,954 / 2,853DOM:60 / 44New:4Total:54
5 Beds
Avg:$653,073Median:$600,000Range:$509,900 – $950,000PSF:$191 / $187Sq Ft:3,447 / 3,245DOM:76 / 66New:0Total:11
6 Beds
Avg:$1,342,250Median:$850,000Range:$850,000 – $2,399,999PSF:$280 / $291Sq Ft:5,179 / 2,607DOM:101 / 102New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $345,375 | $325,000 | $309,000 – $400,000 | $308 / $328 | 1,160 / 1,060 | 58 / 47 | 0 | 4 |
| 3 Beds | $428,846 | $399,900 | $245,000 – $850,900 | $235 / $236 | 1,847 / 1,735 | 58 / 46 | 7 | 64 |
| 4 Beds | $651,263 | $625,000 | $364,900 – $1,550,000 | $220 / $217 | 2,954 / 2,853 | 60 / 44 | 4 | 54 |
| 5 Beds | $653,073 | $600,000 | $509,900 – $950,000 | $191 / $187 | 3,447 / 3,245 | 76 / 66 | 0 | 11 |
| 6 Beds | $1,342,250 | $850,000 | $850,000 – $2,399,999 | $280 / $291 | 5,179 / 2,607 | 101 / 102 | 0 | 4 |
Rental Market Overview
Median Rent
$2,250
0.0%
Median DOM
1
−50.0%
New Listings
9
Inventory
33
+6.5%
- Average Rent: $2,203
- Median Rent: $2,250
- Rent Range: $950 – $3,050
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,836 / 1,681
- Square Footage Range: 1,000 – 3,105
- Days on Market (Avg/Median): 19 / 1
- Days on Market Range: 1 – 159
- New Listings: 9
- Total Listings: 33
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,200
Median DOM: 1
Inventory: 32
MoM: 0.0%
Townhouse
$2,900
Median DOM: 34
Inventory: 1
MoM: 0.0%
Single Family
Avg/Median Rent$2,182 / $2,200Range$950 – $3,050Rent per Sq Ft$1 / $1Sq Ft1,826 / 1,681DOM19 / 1New9Total32
Townhouse
Avg/Median Rent$2,900 / $2,900Range$2,900 – $2,900Rent per Sq Ft$1 / $1Sq Ft2,147 / 2,147DOM34 / 34New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,200Median:$950Range:$950 – $1,450PSF:$1 / $1Sq Ft:1,120 / 1,000DOM:1 / 1New:1Total:2
2 Beds
Avg:$1,422Median:$1,150Range:$1,150 – $1,695PSF:$1 / $1Sq Ft:1,070 / 1,044DOM:3 / 2New:0Total:2
3 Beds
Avg:$2,209Median:$2,100Range:$1,750 – $2,960PSF:$1 / $1Sq Ft:1,747 / 1,547DOM:23 / 6New:3Total:21
4 Beds
Avg:$2,662Median:$2,500Range:$2,275 – $3,050PSF:$1 / $1Sq Ft:2,484 / 2,582DOM:13 / 1New:4Total:6
5 Beds
Avg:$2,550Median:$2,400Range:$2,400 – $2,699PSF:$1 / $1Sq Ft:2,546 / 2,050DOM:23 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,200 | $950 | $950 – $1,450 | $1 / $1 | 1,120 / 1,000 | 1 / 1 | 1 | 2 |
| 2 Beds | $1,422 | $1,150 | $1,150 – $1,695 | $1 / $1 | 1,070 / 1,044 | 3 / 2 | 0 | 2 |
| 3 Beds | $2,209 | $2,100 | $1,750 – $2,960 | $1 / $1 | 1,747 / 1,547 | 23 / 6 | 3 | 21 |
| 4 Beds | $2,662 | $2,500 | $2,275 – $3,050 | $1 / $1 | 2,484 / 2,582 | 13 / 1 | 4 | 6 |
| 5 Beds | $2,550 | $2,400 | $2,400 – $2,699 | $1 / $1 | 2,546 / 2,050 | 23 / 1 | 1 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$425,000Median DOM:24New:45Total:138
Mar 2026
Median Price:$449,000Median DOM:29New:53Total:151
Apr 2026
Median Price:$454,000Median DOM:24New:61Total:176
May 2026
Median Price:$470,000Median DOM:29New:52Total:182
Jun 2026
Median Price:$495,000Median DOM:48New:35Total:160
Jul 2026
Median Price:$499,000Median DOM:55New:12Total:156
6-Month Rental Trend
Feb 2026
Median Rent:$2,010Median DOM:1New:14Total:23
Mar 2026
Median Rent:$2,095Median DOM:1New:19Total:29
Apr 2026
Median Rent:$2,010Median DOM:1New:15Total:31
May 2026
Median Rent:$2,100Median DOM:3New:17Total:32
Jun 2026
Median Rent:$2,250Median DOM:2New:15Total:31
Jul 2026
Median Rent:$2,250Median DOM:1New:9Total:33
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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