ZIP 27256 Housing Market Report

Raleigh Metro

Report period: March 2024

27256 Monthly Market Update – March 2024

ZIP 27256 · Last updated Mar 11, 2024 · Data range

Executive Snapshot

Median Sale Price
Median DOM (Sales)
New Listings (Sales)
Median Rent
Median DOM (Rental)
Total Rental Listings

Month-over-Month Movement

Month-over-month changes were limited.

What's Moving Fastest

  • Fastest selling: ( DOM)
  • Fastest renting: ( DOM)
  • Strongest bedroom: ( median)

Sales Market Overview

Median Price
Median DOM
New Listings
Inventory
1
  • Average Price: $444,700
  • Median Price:
  • Price Range: $444,700 – $444,700
  • Price 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: 1

Sales by Property Type

Sales by Bedroom Count

3 Beds
Avg:$444,700Median:Range:$444,700 – $444,700PSF:Sq Ft:DOM:New:Total:1

Rental Market Overview

Median Rent
Median DOM
New Listings
Inventory
2
  • Average Rent: $1,300
  • Median Rent:
  • Rent Range: $1,300 – $1,300
  • 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: 2

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

3 Beds
Avg:$1,300Median:Range:$1,300 – $1,300PSF:Sq Ft:DOM:New:Total:2

6-Month Sales Trend

Trend data unavailable.

6-Month Rental Trend

Trend data unavailable.

Key Market Takeaways

Median sale prices held steady this month while inventory remained stable. Days on market were unchanged, signaling steady 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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