ZIP 27712 Housing Market Report
Raleigh Metro
Report period: August 2026
27712 Monthly Market Update – August 2026
ZIP 27712 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$475,000
−4.0%
Median DOM (Sales)
54
−6.9%
New Listings (Sales)
15
−55.9%
Median Rent
$2,300
−0.2%
Median DOM (Rental)
6
+200.0%
Total Rental Listings
31
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened.
What's Moving Fastest
- Fastest selling: Single Family (51 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($775,000 median)
Sales Market Overview
Median Price
$475,000
−4.0%
Median DOM
54
−6.9%
New Listings
15
−55.9%
Inventory
159
−1.2%
- Average Price: $507,601
- Median Price: $475,000
- Price Range: $45,000 – $2,399,999
- Price per Sq Ft (Avg/Median): $226 / $219
- Square Footage (Avg/Median): 2,463 / 2,451
- Square Footage Range: 870 – 8,242
- Days on Market (Avg/Median): 70 / 54
- Days on Market Range: 2 – 329
- New Listings: 15
- Total Listings: 159
Sales by Property Type
Land
Avg/Median Price$245,889 / $90,000Range$45,000 – $1,799,999Price per Sq Ft—Sq Ft—DOM87 / 53New1Total19
Single Family
Avg/Median Price$544,612 / $498,500Range$195,000 – $2,399,999Price per Sq Ft$227 / $219Sq Ft2,463 / 2,421DOM66 / 51New13Total132
Townhouse
Avg/Median Price$518,488 / $525,000Range$368,900 – $625,000Price per Sq Ft$210 / $193Sq Ft2,472 / 2,489DOM99 / 74New1Total8
Sales by Bedroom Count
2 Beds
Avg:$352,167Median:$347,500Range:$309,000 – $400,000PSF:$340 / $338Sq Ft:1,038 / 1,060DOM:83 / 62New:0Total:3
3 Beds
Avg:$418,342Median:$389,000Range:$195,000 – $850,000PSF:$233 / $228Sq Ft:1,830 / 1,713DOM:60 / 37New:7Total:67
4 Beds
Avg:$637,010Median:$599,000Range:$400,000 – $1,550,000PSF:$216 / $212Sq Ft:2,934 / 2,790DOM:68 / 56New:7Total:55
5 Beds
Avg:$619,700Median:$594,000Range:$499,900 – $950,000PSF:$187 / $187Sq Ft:3,366 / 3,245DOM:93 / 95New:0Total:11
6 Beds
Avg:$1,274,750Median:$775,000Range:$775,000 – $2,399,999PSF:$261 / $291Sq Ft:5,179 / 2,607DOM:126 / 122New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $352,167 | $347,500 | $309,000 – $400,000 | $340 / $338 | 1,038 / 1,060 | 83 / 62 | 0 | 3 |
| 3 Beds | $418,342 | $389,000 | $195,000 – $850,000 | $233 / $228 | 1,830 / 1,713 | 60 / 37 | 7 | 67 |
| 4 Beds | $637,010 | $599,000 | $400,000 – $1,550,000 | $216 / $212 | 2,934 / 2,790 | 68 / 56 | 7 | 55 |
| 5 Beds | $619,700 | $594,000 | $499,900 – $950,000 | $187 / $187 | 3,366 / 3,245 | 93 / 95 | 0 | 11 |
| 6 Beds | $1,274,750 | $775,000 | $775,000 – $2,399,999 | $261 / $291 | 5,179 / 2,607 | 126 / 122 | 0 | 4 |
Rental Market Overview
Median Rent
$2,300
−0.2%
Median DOM
6
+200.0%
New Listings
8
Inventory
31
0.0%
- Average Rent: $2,402
- Median Rent: $2,300
- Rent Range: $950 – $4,950
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,094 / 2,000
- Square Footage Range: 1,000 – 4,447
- Days on Market (Avg/Median): 29 / 6
- Days on Market Range: 1 – 189
- New Listings: 8
- Total Listings: 31
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: −0.2%
Condo
—
Median DOM: —
Inventory: —
MoM: −0.2%
Single Family
$2,295
Median DOM: 1
Inventory: 30
MoM: −0.2%
Townhouse
$2,900
Median DOM: 64
Inventory: 1
MoM: −0.2%
Single Family
Avg/Median Rent$2,385 / $2,295Range$950 – $4,950Rent per Sq Ft$1 / $1Sq Ft2,092 / 2,000DOM28 / 1New8Total30
Townhouse
Avg/Median Rent$2,900 / $2,900Range$2,900 – $2,900Rent per Sq Ft$1 / $1Sq Ft2,147 / 2,147DOM64 / 64New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,200Median:$950Range:$950 – $1,450PSF:$1 / $1Sq Ft:1,120 / 1,000DOM:1 / 1New:1Total:2
3 Beds
Avg:$2,221Median:$2,200Range:$1,830 – $2,960PSF:$1 / $1Sq Ft:1,764 / 1,547DOM:35 / 6New:4Total:18
4 Beds
Avg:$2,799Median:$2,699Range:$2,195 – $3,950PSF:$1 / $1Sq Ft:2,660 / 2,727DOM:20 / 1New:2Total:8
5 Beds
Avg:$3,225Median:$2,425Range:$2,300 – $4,950PSF:$1 / $1Sq Ft:3,179 / 3,041DOM:30 / 13New:1Total:3
| 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 |
| 3 Beds | $2,221 | $2,200 | $1,830 – $2,960 | $1 / $1 | 1,764 / 1,547 | 35 / 6 | 4 | 18 |
| 4 Beds | $2,799 | $2,699 | $2,195 – $3,950 | $1 / $1 | 2,660 / 2,727 | 20 / 1 | 2 | 8 |
| 5 Beds | $3,225 | $2,425 | $2,300 – $4,950 | $1 / $1 | 3,179 / 3,041 | 30 / 13 | 1 | 3 |
6-Month Sales Trend
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:$495,000Median DOM:58New:34Total:161
Aug 2026
Median Price:$475,000Median DOM:54New:15Total:159
6-Month Rental Trend
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:$2,305Median DOM:2New:13Total:31
Aug 2026
Median Rent:$2,300Median DOM:6New:8Total:31
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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