ZIP 27278 Housing Market Report
Raleigh Metro
Report period: March 2026
27278 Monthly Market Update – March 2026
ZIP 27278 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$465,000
+3.3%
Median DOM (Sales)
41
−30.5%
New Listings (Sales)
33
−34.0%
Median Rent
$1,535
+2.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
149
+0.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (16 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($800,000 median)
Sales Market Overview
Median Price
$465,000
+3.3%
Median DOM
41
−30.5%
New Listings
33
−34.0%
Inventory
197
0.0%
- Average Price: $576,138
- Median Price: $465,000
- Price Range: $18,400 – $2,500,000
- Price per Sq Ft (Avg/Median): $265 / $245
- Square Footage (Avg/Median): 2,399 / 2,216
- Square Footage Range: 642 – 7,905
- Days on Market (Avg/Median): 80 / 41
- Days on Market Range: 1 – 365
- New Listings: 33
- Total Listings: 197
Sales by Property Type
Land
Avg/Median Price$358,513 / $295,000Range$18,400 – $1,950,000Price per Sq Ft—Sq Ft—DOM112 / 99New6Total47
Manufactured
Avg/Median Price$298,725 / $280,000Range$250,000 – $369,900Price per Sq Ft$173 / $172Sq Ft1,750 / 1,682DOM57 / 16New0Total4
Single Family
Avg/Median Price$695,364 / $519,000Range$184,900 – $2,500,000Price per Sq Ft$277 / $261Sq Ft2,488 / 2,438DOM77 / 47New22Total126
Townhouse
Avg/Median Price$391,921 / $370,000Range$289,500 – $520,000Price per Sq Ft$202 / $200Sq Ft1,966 / 1,925DOM35 / 21New5Total20
Sales by Bedroom Count
2 Beds
Avg:$321,458Median:$289,500Range:$184,900 – $625,000PSF:$311 / $256Sq Ft:1,074 / 904DOM:78 / 12New:2Total:12
3 Beds
Avg:$531,783Median:$432,500Range:$190,000 – $2,200,000PSF:$259 / $245Sq Ft:2,009 / 1,870DOM:78 / 34New:8Total:68
4 Beds
Avg:$751,419Median:$620,000Range:$350,000 – $1,700,000PSF:$265 / $245Sq Ft:2,773 / 2,637DOM:66 / 53New:16Total:53
5 Beds
Avg:$988,541Median:$800,000Range:$490,190 – $2,500,000PSF:$254 / $218Sq Ft:3,728 / 3,620DOM:48 / 35New:1Total:17
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $321,458 | $289,500 | $184,900 – $625,000 | $311 / $256 | 1,074 / 904 | 78 / 12 | 2 | 12 |
| 3 Beds | $531,783 | $432,500 | $190,000 – $2,200,000 | $259 / $245 | 2,009 / 1,870 | 78 / 34 | 8 | 68 |
| 4 Beds | $751,419 | $620,000 | $350,000 – $1,700,000 | $265 / $245 | 2,773 / 2,637 | 66 / 53 | 16 | 53 |
| 5 Beds | $988,541 | $800,000 | $490,190 – $2,500,000 | $254 / $218 | 3,728 / 3,620 | 48 / 35 | 1 | 17 |
Rental Market Overview
Median Rent
$1,535
+2.4%
Median DOM
1
0.0%
New Listings
78
Inventory
149
+0.7%
- Average Rent: $1,606
- Median Rent: $1,535
- Rent Range: $800 – $5,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,180 / 1,103
- Square Footage Range: 450 – 3,538
- Days on Market (Avg/Median): 16 / 1
- Days on Market Range: 1 – 352
- New Listings: 78
- Total Listings: 149
Rentals by Property Type
Apartment
$1,485
Median DOM: 1
Inventory: 118
MoM: +2.4%
Condo
—
Median DOM: —
Inventory: —
MoM: +2.4%
Single Family
$1,888
Median DOM: 1
Inventory: 29
MoM: +2.4%
Townhouse
$2,200
Median DOM: 1
Inventory: 2
MoM: +2.4%
Apartment
Avg/Median Rent$1,475 / $1,485Range$800 – $1,991Rent per Sq Ft$1 / $1Sq Ft1,081 / 1,103DOM16 / 1New65Total118
Single Family
Avg/Median Rent$2,098 / $1,888Range$1,350 – $5,000Rent per Sq Ft$2 / $1Sq Ft1,574 / 1,331DOM16 / 1New11Total29
Townhouse
Avg/Median Rent$2,200 / $2,200Range$2,200 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,678 / 1,678DOM6 / 1New2Total2
Rentals by Bedroom Count
1 Beds
Avg:$1,344Median:$1,299Range:$1,046 – $1,653PSF:$2 / $2Sq Ft:771 / 811DOM:24 / 1New:12Total:26
2 Beds
Avg:$1,511Median:$1,485Range:$800 – $5,000PSF:$1 / $1Sq Ft:1,070 / 1,103DOM:13 / 1New:40Total:68
3 Beds
Avg:$1,775Median:$1,725Range:$1,230 – $2,500PSF:$1 / $1Sq Ft:1,378 / 1,403DOM:17 / 1New:23Total:50
4 Beds
Avg:$2,447Median:$2,500Range:$2,295 – $2,545PSF:$1 / $1Sq Ft:2,451 / 2,518DOM:3 / 1New:2Total:3
5 Beds
Avg:$2,800Median:$2,350Range:$2,350 – $3,250PSF:$1 / $1Sq Ft:3,474 / 3,409DOM:26 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,344 | $1,299 | $1,046 – $1,653 | $2 / $2 | 771 / 811 | 24 / 1 | 12 | 26 |
| 2 Beds | $1,511 | $1,485 | $800 – $5,000 | $1 / $1 | 1,070 / 1,103 | 13 / 1 | 40 | 68 |
| 3 Beds | $1,775 | $1,725 | $1,230 – $2,500 | $1 / $1 | 1,378 / 1,403 | 17 / 1 | 23 | 50 |
| 4 Beds | $2,447 | $2,500 | $2,295 – $2,545 | $1 / $1 | 2,451 / 2,518 | 3 / 1 | 2 | 3 |
| 5 Beds | $2,800 | $2,350 | $2,350 – $3,250 | $1 / $1 | 3,474 / 3,409 | 26 / 1 | 1 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$441,500Median DOM:56New:40Total:218
Nov 2025
Median Price:$450,000Median DOM:61New:36Total:210
Dec 2025
Median Price:$450,000Median DOM:82New:18Total:173
Jan 2026
Median Price:$435,000Median DOM:75New:40Total:179
Feb 2026
Median Price:$450,000Median DOM:59New:50Total:197
Mar 2026
Median Price:$465,000Median DOM:41New:33Total:197
6-Month Rental Trend
Oct 2025
Median Rent:$1,510Median DOM:1New:113Total:174
Nov 2025
Median Rent:$1,510Median DOM:1New:115Total:157
Dec 2025
Median Rent:$1,492Median DOM:1New:127Total:167
Jan 2026
Median Rent:$1,530Median DOM:1New:107Total:161
Feb 2026
Median Rent:$1,499Median DOM:1New:100Total:148
Mar 2026
Median Rent:$1,535Median DOM:1New:78Total:149
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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