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 FtSq FtDOM76 / 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

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

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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