ZIP 27243 Housing Market Report
Raleigh Metro
Report period: March 2026
27243 Monthly Market Update – March 2026
ZIP 27243 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$380,000
0.0%
Median DOM (Sales)
53
+23.3%
New Listings (Sales)
4
−69.2%
Median Rent
$1,900
−9.5%
Median DOM (Rental)
38
−2.6%
Total Rental Listings
4
+33.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (24 DOM)
- Fastest renting: Single Family (38 DOM)
- Strongest bedroom: 5 Beds ($910,390 median)
Sales Market Overview
Median Price
$380,000
0.0%
Median DOM
53
+23.3%
New Listings
4
−69.2%
Inventory
44
+2.3%
- Average Price: $606,462
- Median Price: $380,000
- Price Range: $120,000 – $3,350,000
- Price per Sq Ft (Avg/Median): $253 / $244
- Square Footage (Avg/Median): 2,995 / 2,459
- Square Footage Range: 938 – 10,125
- Days on Market (Avg/Median): 89 / 53
- Days on Market Range: 4 – 343
- New Listings: 4
- Total Listings: 44
Sales by Property Type
Land
Avg/Median Price$343,656 / $215,000Range$120,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM76 / 28New1Total18
Manufactured
Avg/Median Price$251,633 / $235,000Range$220,000 – $299,900Price per Sq Ft$186 / $177Sq Ft1,492 / 1,242DOM27 / 24New1Total3
Single Family
Avg/Median Price$858,419 / $649,900Range$269,900 – $3,350,000Price per Sq Ft$261 / $264Sq Ft3,191 / 2,809DOM107 / 66New2Total23
Sales by Bedroom Count
2 Beds
Avg:$649,900Median:$649,900Range:$649,900 – $649,900PSF:$349 / $349Sq Ft:1,860 / 1,860DOM:188 / 188New:0Total:1
3 Beds
Avg:$359,790Median:$350,000Range:$220,000 – $625,000PSF:$242 / $216Sq Ft:1,482 / 1,318DOM:45 / 21New:2Total:10
4 Beds
Avg:$1,103,105Median:$853,300Range:$299,900 – $3,350,000PSF:$258 / $264Sq Ft:4,005 / 3,317DOM:138 / 105New:0Total:13
5 Beds
Avg:$955,194Median:$910,390Range:$910,390 – $999,999PSF:$223 / $172Sq Ft:4,562 / 3,317DOM:7 / 7New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $649,900 | $649,900 | $649,900 – $649,900 | $349 / $349 | 1,860 / 1,860 | 188 / 188 | 0 | 1 |
| 3 Beds | $359,790 | $350,000 | $220,000 – $625,000 | $242 / $216 | 1,482 / 1,318 | 45 / 21 | 2 | 10 |
| 4 Beds | $1,103,105 | $853,300 | $299,900 – $3,350,000 | $258 / $264 | 4,005 / 3,317 | 138 / 105 | 0 | 13 |
| 5 Beds | $955,194 | $910,390 | $910,390 – $999,999 | $223 / $172 | 4,562 / 3,317 | 7 / 7 | 1 | 2 |
Rental Market Overview
Median Rent
$1,900
−9.5%
Median DOM
38
−2.6%
New Listings
1
Inventory
4
+33.3%
- Average Rent: $1,936
- Median Rent: $1,900
- Rent Range: $1,750 – $2,100
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,620 / 1,864
- Square Footage Range: 1,052 – 1,944
- Days on Market (Avg/Median): 54 / 38
- Days on Market Range: 1 – 138
- New Listings: 1
- Total Listings: 4
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: −9.5%
Condo
—
Median DOM: —
Inventory: —
MoM: −9.5%
Single Family
$1,900
Median DOM: 38
Inventory: 4
MoM: −9.5%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −9.5%
Single Family
Avg/Median Rent$1,936 / $1,900Range$1,750 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,620 / 1,864DOM54 / 38New1Total4
Rentals by Bedroom Count
2 Beds
Avg:$1,900Median:$1,900Range:$1,900 – $1,900PSF:—Sq Ft:—DOM:38 / 38New:0Total:1
3 Beds
Avg:$1,872Median:$1,750Range:$1,750 – $1,995PSF:$1 / $1Sq Ft:1,498 / 1,052DOM:70 / 1New:1Total:2
4 Beds
Avg:$2,100Median:$2,100Range:$2,100 – $2,100PSF:$1 / $1Sq Ft:1,864 / 1,864DOM:39 / 39New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,900 | $1,900 | $1,900 – $1,900 | — | — | 38 / 38 | 0 | 1 |
| 3 Beds | $1,872 | $1,750 | $1,750 – $1,995 | $1 / $1 | 1,498 / 1,052 | 70 / 1 | 1 | 2 |
| 4 Beds | $2,100 | $2,100 | $2,100 – $2,100 | $1 / $1 | 1,864 / 1,864 | 39 / 39 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$549,900Median DOM:38New:10Total:30
Nov 2025
Median Price:$475,000Median DOM:39New:14Total:44
Dec 2025
Median Price:$349,900Median DOM:53New:4Total:40
Jan 2026
Median Price:$569,000Median DOM:73New:4Total:36
Feb 2026
Median Price:$380,000Median DOM:43New:13Total:43
Mar 2026
Median Price:$380,000Median DOM:53New:4Total:44
6-Month Rental Trend
Oct 2025
Median Rent:$2,250Median DOM:7New:3Total:3
Nov 2025
Median Rent:$2,250Median DOM:31New:1Total:3
Dec 2025
Median Rent:$2,100Median DOM:1New:1Total:4
Jan 2026
Median Rent:$2,100Median DOM:20New:1Total:2
Feb 2026
Median Rent:$2,100Median DOM:39New:1Total:3
Mar 2026
Median Rent:$1,900Median DOM:38New:1Total:4
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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