ZIP 27208 Housing Market Report

Raleigh Metro

Report period: March 2026

27208 Monthly Market Update – March 2026

ZIP 27208 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$201,120
−34.1%
Median DOM (Sales)
27
−48.1%
New Listings (Sales)
1
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 improved.

What's Moving Fastest

  • Fastest selling: Land (26 DOM)
  • Fastest renting: ( DOM)
  • Strongest bedroom: 5 Beds ($395,000 median)

Sales Market Overview

Median Price
$201,120
−34.1%
Median DOM
27
−48.1%
New Listings
1
0.0%
Inventory
8
+33.3%
  • Average Price: $365,765
  • Median Price: $201,120
  • Price Range: $175,000 – $1,150,000
  • Price per Sq Ft (Avg/Median): $316 / $199
  • Square Footage (Avg/Median): 1,896 / 1,987
  • Square Footage Range: 1,665 – 2,035
  • Days on Market (Avg/Median): 50 / 27
  • Days on Market Range: 2 – 162
  • New Listings: 1
  • Total Listings: 8

Sales by Property Type

Land
Avg/Median Price$215,224 / $185,000Range$175,000 – $340,000Price per Sq FtSq FtDOM23 / 26New1Total5
Single Family
Avg/Median Price$616,667 / $395,000Range$305,000 – $1,150,000Price per Sq Ft$316 / $199Sq Ft1,896 / 1,987DOM117 / 72New0Total3

Sales by Bedroom Count

3 Beds
Avg:$727,500Median:$305,000Range:$305,000 – $1,150,000PSF:$374 / $183Sq Ft:1,850 / 1,665DOM:72 / 72New:0Total:2
5 Beds
Avg:$395,000Median:$395,000Range:$395,000 – $395,000PSF:$199 / $199Sq Ft:1,987 / 1,987DOM:162 / 162New: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

Oct 2025
Median Price:$369,900Median DOM:88New:1Total:10
Nov 2025
Median Price:$574,900Median DOM:63New:0Total:9
Dec 2025
Median Price:$359,900Median DOM:72New:3Total:10
Jan 2026
Median Price:$359,900Median DOM:72New:1Total:10
Feb 2026
Median Price:$305,000Median DOM:52New:1Total:6
Mar 2026
Median Price:$201,120Median DOM:27New:1Total:8

6-Month Rental Trend

Trend data unavailable.

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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