ZIP 27713 Housing Market Report
Raleigh Metro
Report period: May 2026
27713 Monthly Market Update – May 2026
ZIP 27713 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$425,000
0.0%
Median DOM (Sales)
27
0.0%
New Listings (Sales)
30
−73.5%
Median Rent
$1,454
+0.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
924
−3.6%
Month-over-Month Movement
Median sale prices were flat. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (17 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($874,000 median)
Sales Market Overview
Median Price
$425,000
0.0%
Median DOM
27
0.0%
New Listings
30
−73.5%
Inventory
368
+2.2%
- Average Price: $643,693
- Median Price: $425,000
- Price Range: $40,000 – $8,500,000
- Price per Sq Ft (Avg/Median): $244 / $230
- Square Footage (Avg/Median): 2,223 / 1,925
- Square Footage Range: 657 – 15,675
- Days on Market (Avg/Median): 51 / 27
- Days on Market Range: 2 – 344
- New Listings: 30
- Total Listings: 368
Sales by Property Type
Condo
Avg/Median Price$182,425 / $170,000Range$155,000 – $217,000Price per Sq Ft$236 / $222Sq Ft782 / 705DOM44 / 24New0Total8
Land
Avg/Median Price$1,480,170 / $425,000Range$40,000 – $8,500,000Price per Sq Ft—Sq Ft—DOM142 / 70New0Total23
Single Family
Avg/Median Price$770,592 / $524,900Range$180,000 – $7,950,000Price per Sq Ft$270 / $251Sq Ft2,628 / 2,202DOM41 / 17New16Total194
Townhouse
Avg/Median Price$362,805 / $360,000Range$179,000 – $830,000Price per Sq Ft$210 / $209Sq Ft1,754 / 1,772DOM55 / 35New14Total143
Sales by Bedroom Count
1 Beds
Avg:$169,486Median:$170,000Range:$155,000 – $185,000PSF:$241 / $249Sq Ft:704 / 705DOM:64 / 55New:0Total:7
2 Beds
Avg:$287,956Median:$285,000Range:$200,000 – $500,000PSF:$230 / $218Sq Ft:1,274 / 1,256DOM:49 / 25New:5Total:45
3 Beds
Avg:$422,672Median:$410,000Range:$180,000 – $1,600,000PSF:$234 / $224Sq Ft:1,827 / 1,820DOM:48 / 26New:16Total:178
4 Beds
Avg:$712,134Median:$615,000Range:$315,000 – $2,875,000PSF:$249 / $239Sq Ft:2,773 / 2,590DOM:36 / 18New:7Total:85
5 Beds
Avg:$1,864,622Median:$874,000Range:$510,000 – $7,950,000PSF:$319 / $261Sq Ft:4,900 / 3,428DOM:60 / 43New:2Total:27
6 Beds
Avg:$859,667Median:$829,000Range:$700,000 – $1,050,000PSF:$243 / $241Sq Ft:3,766 / 2,910DOM:98 / 40New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $169,486 | $170,000 | $155,000 – $185,000 | $241 / $249 | 704 / 705 | 64 / 55 | 0 | 7 |
| 2 Beds | $287,956 | $285,000 | $200,000 – $500,000 | $230 / $218 | 1,274 / 1,256 | 49 / 25 | 5 | 45 |
| 3 Beds | $422,672 | $410,000 | $180,000 – $1,600,000 | $234 / $224 | 1,827 / 1,820 | 48 / 26 | 16 | 178 |
| 4 Beds | $712,134 | $615,000 | $315,000 – $2,875,000 | $249 / $239 | 2,773 / 2,590 | 36 / 18 | 7 | 85 |
| 5 Beds | $1,864,622 | $874,000 | $510,000 – $7,950,000 | $319 / $261 | 4,900 / 3,428 | 60 / 43 | 2 | 27 |
| 6 Beds | $859,667 | $829,000 | $700,000 – $1,050,000 | $243 / $241 | 3,766 / 2,910 | 98 / 40 | 0 | 3 |
Rental Market Overview
Median Rent
$1,454
+0.9%
Median DOM
1
0.0%
New Listings
427
Inventory
924
−3.6%
- Average Rent: $1,544
- Median Rent: $1,454
- Rent Range: $640 – $4,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,108 / 1,050
- Square Footage Range: 250 – 4,541
- Days on Market (Avg/Median): 7 / 1
- Days on Market Range: 1 – 335
- New Listings: 427
- Total Listings: 924
Rentals by Property Type
Apartment
$1,396
Median DOM: 1
Inventory: 757
MoM: +0.9%
Condo
$1,450
Median DOM: 1
Inventory: 6
MoM: +0.9%
Single Family
$2,095
Median DOM: 1
Inventory: 90
MoM: +0.9%
Townhouse
$1,995
Median DOM: 6
Inventory: 71
MoM: +0.9%
Apartment
Avg/Median Rent$1,424 / $1,396Range$799 – $3,628Rent per Sq Ft$2 / $1Sq Ft975 / 950DOM3 / 1New382Total757
Condo
Avg/Median Rent$1,547 / $1,450Range$1,295 – $1,995Rent per Sq Ft$2 / $2Sq Ft864 / 881DOM54 / 1New2Total6
Single Family
Avg/Median Rent$2,156 / $2,095Range$640 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,850 / 1,725DOM26 / 1New21Total90
Townhouse
Avg/Median Rent$2,048 / $1,995Range$1,295 – $2,830Rent per Sq Ft$1 / $1Sq Ft1,693 / 1,656DOM29 / 6New22Total71
Rentals by Bedroom Count
Studio
Avg:$1,338Median:$1,395Range:$799 – $1,473PSF:$3 / $3Sq Ft:509 / 515DOM:32 / 1New:4Total:17
1 Beds
Avg:$1,260Median:$1,281Range:$640 – $1,799PSF:$2 / $2Sq Ft:796 / 787DOM:4 / 1New:163Total:341
2 Beds
Avg:$1,526Median:$1,499Range:$1,088 – $2,750PSF:$1 / $1Sq Ft:1,128 / 1,136DOM:4 / 1New:199Total:380
3 Beds
Avg:$2,015Median:$1,950Range:$1,300 – $4,500PSF:$1 / $1Sq Ft:1,585 / 1,524DOM:20 / 1New:57Total:162
4 Beds
Avg:$2,686Median:$2,500Range:$2,250 – $3,740PSF:$1 / $1Sq Ft:2,391 / 2,237DOM:13 / 1New:3Total:19
5 Beds
Avg:$3,328Median:$3,149Range:$2,699 – $3,850PSF:$1 / $1Sq Ft:3,469 / 3,076DOM:9 / 1New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,338 | $1,395 | $799 – $1,473 | $3 / $3 | 509 / 515 | 32 / 1 | 4 | 17 |
| 1 Beds | $1,260 | $1,281 | $640 – $1,799 | $2 / $2 | 796 / 787 | 4 / 1 | 163 | 341 |
| 2 Beds | $1,526 | $1,499 | $1,088 – $2,750 | $1 / $1 | 1,128 / 1,136 | 4 / 1 | 199 | 380 |
| 3 Beds | $2,015 | $1,950 | $1,300 – $4,500 | $1 / $1 | 1,585 / 1,524 | 20 / 1 | 57 | 162 |
| 4 Beds | $2,686 | $2,500 | $2,250 – $3,740 | $1 / $1 | 2,391 / 2,237 | 13 / 1 | 3 | 19 |
| 5 Beds | $3,328 | $3,149 | $2,699 – $3,850 | $1 / $1 | 3,469 / 3,076 | 9 / 1 | 1 | 5 |
6-Month Sales Trend
Dec 2025
Median Price:$419,900Median DOM:84New:22Total:297
Jan 2026
Median Price:$410,000Median DOM:85New:52Total:251
Feb 2026
Median Price:$415,000Median DOM:46New:77Total:262
Mar 2026
Median Price:$415,000Median DOM:30New:106Total:307
Apr 2026
Median Price:$425,000Median DOM:27New:113Total:360
May 2026
Median Price:$425,000Median DOM:27New:30Total:368
6-Month Rental Trend
Dec 2025
Median Rent:$1,465Median DOM:1New:682Total:940
Jan 2026
Median Rent:$1,429Median DOM:1New:659Total:967
Feb 2026
Median Rent:$1,430Median DOM:1New:653Total:951
Mar 2026
Median Rent:$1,427Median DOM:1New:669Total:949
Apr 2026
Median Rent:$1,441Median DOM:1New:678Total:959
May 2026
Median Rent:$1,454Median DOM:1New:427Total:924
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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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