ZIP 27712 Housing Market Report
Raleigh Metro
Report period: May 2026
27712 Monthly Market Update – May 2026
ZIP 27712 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$457,500
+0.8%
Median DOM (Sales)
28
+16.7%
New Listings (Sales)
18
−70.5%
Median Rent
$2,010
0.0%
Median DOM (Rental)
2
+100.0%
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: Single Family (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($899,900 median)
Sales Market Overview
Median Price
$457,500
+0.8%
Median DOM
28
+16.7%
New Listings
18
−70.5%
Inventory
175
−0.6%
- Average Price: $493,103
- Median Price: $457,500
- Price Range: $39,000 – $2,995,000
- Price per Sq Ft (Avg/Median): $228 / $223
- Square Footage (Avg/Median): 2,424 / 2,269
- Square Footage Range: 705 – 7,260
- Days on Market (Avg/Median): 50 / 28
- Days on Market Range: 2 – 334
- New Listings: 18
- Total Listings: 175
Sales by Property Type
Land
Avg/Median Price$275,824 / $100,000Range$39,000 – $2,995,000Price per Sq Ft—Sq Ft—DOM84 / 57New0Total29
Single Family
Avg/Median Price$538,551 / $489,899Range$230,000 – $1,395,000Price per Sq Ft$228 / $225Sq Ft2,432 / 2,274DOM44 / 25New17Total140
Townhouse
Avg/Median Price$482,833 / $450,000Range$325,000 – $673,000Price per Sq Ft$214 / $213Sq Ft2,238 / 2,119DOM63 / 41New1Total6
Sales by Bedroom Count
2 Beds
Avg:$328,600Median:$330,000Range:$230,000 – $428,000PSF:$312 / $326Sq Ft:1,092 / 1,174DOM:21 / 19New:1Total:5
3 Beds
Avg:$433,320Median:$415,000Range:$245,000 – $869,900PSF:$233 / $233Sq Ft:1,874 / 1,822DOM:44 / 25New:6Total:71
4 Beds
Avg:$633,471Median:$584,000Range:$329,900 – $1,395,000PSF:$216 / $215Sq Ft:2,947 / 2,767DOM:49 / 23New:8Total:56
5 Beds
Avg:$667,482Median:$674,000Range:$509,900 – $950,000PSF:$197 / $189Sq Ft:3,437 / 3,179DOM:34 / 36New:3Total:11
6 Beds
Avg:$1,022,933Median:$899,900Range:$899,900 – $1,269,000PSF:$288 / $345Sq Ft:4,158 / 2,607DOM:55 / 54New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $328,600 | $330,000 | $230,000 – $428,000 | $312 / $326 | 1,092 / 1,174 | 21 / 19 | 1 | 5 |
| 3 Beds | $433,320 | $415,000 | $245,000 – $869,900 | $233 / $233 | 1,874 / 1,822 | 44 / 25 | 6 | 71 |
| 4 Beds | $633,471 | $584,000 | $329,900 – $1,395,000 | $216 / $215 | 2,947 / 2,767 | 49 / 23 | 8 | 56 |
| 5 Beds | $667,482 | $674,000 | $509,900 – $950,000 | $197 / $189 | 3,437 / 3,179 | 34 / 36 | 3 | 11 |
| 6 Beds | $1,022,933 | $899,900 | $899,900 – $1,269,000 | $288 / $345 | 4,158 / 2,607 | 55 / 54 | 0 | 3 |
Rental Market Overview
Median Rent
$2,010
0.0%
Median DOM
2
+100.0%
New Listings
12
Inventory
33
+6.5%
- Average Rent: $2,191
- Median Rent: $2,010
- Rent Range: $1,250 – $3,300
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,863 / 1,700
- Square Footage Range: 1,200 – 2,957
- Days on Market (Avg/Median): 15 / 2
- Days on Market Range: 1 – 98
- New Listings: 12
- Total Listings: 33
Rentals by Property Type
Apartment
$1,250
Median DOM: 1
Inventory: 2
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,100
Median DOM: 1
Inventory: 30
MoM: 0.0%
Townhouse
$1,650
Median DOM: 42
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,570 / $1,250Range$1,250 – $1,890Rent per Sq Ft$1 / $1Sq Ft1,625 / 1,200DOM9 / 1New0Total2
Single Family
Avg/Median Rent$2,250 / $2,100Range$1,700 – $3,300Rent per Sq Ft$1 / $1Sq Ft1,870 / 1,645DOM14 / 1New12Total30
Townhouse
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$1 / $1Sq Ft2,147 / 2,147DOM42 / 42New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,450Median:$1,250Range:$1,250 – $1,650PSF:$1 / $1Sq Ft:1,674 / 1,200DOM:22 / 1New:0Total:2
2 Beds
Avg:$2,123Median:$1,895Range:$1,875 – $2,600PSF:$2 / $2Sq Ft:1,351 / 1,200DOM:30 / 23New:0Total:3
3 Beds
Avg:$2,108Median:$1,990Range:$1,700 – $2,960PSF:$1 / $1Sq Ft:1,749 / 1,632DOM:13 / 1New:9Total:22
4 Beds
Avg:$2,838Median:$2,500Range:$2,350 – $3,300PSF:$1 / $1Sq Ft:2,670 / 2,727DOM:12 / 1New:3Total:4
5 Beds
Avg:$2,650Median:$2,400Range:$2,400 – $2,900PSF:$1 / $1Sq Ft:2,490 / 2,063DOM:1 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,450 | $1,250 | $1,250 – $1,650 | $1 / $1 | 1,674 / 1,200 | 22 / 1 | 0 | 2 |
| 2 Beds | $2,123 | $1,895 | $1,875 – $2,600 | $2 / $2 | 1,351 / 1,200 | 30 / 23 | 0 | 3 |
| 3 Beds | $2,108 | $1,990 | $1,700 – $2,960 | $1 / $1 | 1,749 / 1,632 | 13 / 1 | 9 | 22 |
| 4 Beds | $2,838 | $2,500 | $2,350 – $3,300 | $1 / $1 | 2,670 / 2,727 | 12 / 1 | 3 | 4 |
| 5 Beds | $2,650 | $2,400 | $2,400 – $2,900 | $1 / $1 | 2,490 / 2,063 | 1 / 1 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$435,000Median DOM:62New:28Total:132
Jan 2026
Median Price:$410,000Median DOM:56New:36Total:128
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:$457,500Median DOM:28New:18Total:175
6-Month Rental Trend
Dec 2025
Median Rent:$2,325Median DOM:1New:11Total:23
Jan 2026
Median Rent:$2,200Median DOM:1New:12Total:21
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:$2,010Median DOM:2New:12Total: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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