ZIP 27344 Housing Market Report

Raleigh Metro

Report period: March 2026

27344 Monthly Market Update – March 2026

ZIP 27344 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$340,000
+3.0%
Median DOM (Sales)
87
−20.2%
New Listings (Sales)
4
−71.4%
Median Rent
$1,250
+4.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
15
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Multi-Family (62 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 2 Beds ($1,496,000 median)

Sales Market Overview

Median Price
$340,000
+3.0%
Median DOM
87
−20.2%
New Listings
4
−71.4%
Inventory
83
−5.7%
  • Average Price: $568,983
  • Median Price: $340,000
  • Price Range: $10,000 – $3,750,000
  • Price per Sq Ft (Avg/Median): $242 / $185
  • Square Footage (Avg/Median): 2,440 / 2,405
  • Square Footage Range: 720 – 6,221
  • Days on Market (Avg/Median): 117 / 87
  • Days on Market Range: 6 – 357
  • New Listings: 4
  • Total Listings: 83

Sales by Property Type

Land
Avg/Median Price$546,581 / $199,900Range$10,000 – $3,750,000Price per Sq FtSq FtDOM127 / 97New2Total47
Manufactured
Avg/Median Price$282,250 / $189,500Range$189,500 – $375,000Price per Sq Ft$130 / $130Sq Ft2,167 / 1,456DOM230 / 148New0Total2
Multi-Family
Avg/Median Price$269,000 / $269,000Range$269,000 – $269,000Price per Sq Ft$143 / $143Sq Ft1,877 / 1,877DOM62 / 62New0Total1
Single Family
Avg/Median Price$637,588 / $475,050Range$219,900 – $3,290,000Price per Sq Ft$254 / $203Sq Ft2,498 / 2,522DOM96 / 62New2Total32
Townhouse
Avg/Median Price$299,950 / $299,950Range$299,950 – $299,950Price per Sq Ft$175 / $175Sq Ft1,711 / 1,711DOM230 / 230New0Total1

Sales by Bedroom Count

1 Beds
Avg:$219,900Median:$219,900Range:$219,900 – $219,900PSF:$305 / $305Sq Ft:720 / 720DOM:9 / 9New:0Total:1
2 Beds
Avg:$1,496,000Median:$1,496,000Range:$1,496,000 – $1,496,000PSF:$1,075 / $1,075Sq Ft:1,392 / 1,392DOM:New:0Total:1
3 Beds
Avg:$495,300Median:$340,000Range:$189,500 – $1,200,000PSF:$214 / $199Sq Ft:2,240 / 1,877DOM:115 / 72New:2Total:22
4 Beds
Avg:$509,878Median:$449,000Range:$310,000 – $898,100PSF:$190 / $152Sq Ft:2,719 / 2,601DOM:111 / 90New:0Total:9
5 Beds
Avg:$1,444,958Median:$549,000Range:$495,875 – $3,290,000PSF:$302 / $220Sq Ft:3,999 / 3,527DOM:47 / 34New:0Total:3

Rental Market Overview

Median Rent
$1,250
+4.2%
Median DOM
1
0.0%
New Listings
8
Inventory
15
0.0%
  • Average Rent: $1,273
  • Median Rent: $1,250
  • Rent Range: $750 – $1,800
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 988 / 925
  • Square Footage Range: 600 – 1,377
  • Days on Market (Avg/Median): 21 / 1
  • Days on Market Range: 1 – 198
  • New Listings: 8
  • Total Listings: 15

Rentals by Property Type

Apartment
$1,200
Median DOM: 9
Inventory: 5
MoM: +4.2%
Condo
$1,275
Median DOM: 1
Inventory: 3
MoM: +4.2%
Single Family
$1,450
Median DOM: 1
Inventory: 7
MoM: +4.2%
Townhouse
Median DOM:
Inventory:
MoM: +4.2%
Apartment
Avg/Median Rent$1,160 / $1,200Range$750 – $1,500Rent per Sq Ft$1 / $1Sq Ft974 / 925DOM23 / 9New0Total5
Condo
Avg/Median Rent$1,267 / $1,275Range$1,250 – $1,275Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM1 / 1New3Total3
Single Family
Avg/Median Rent$1,357 / $1,450Range$750 – $1,800Rent per Sq Ft$1 / $1Sq Ft995 / 920DOM29 / 1New5Total7

Rentals by Bedroom Count

1 Beds
Avg:$1,012Median:$900Range:$750 – $1,200PSF:$1 / $1Sq Ft:788 / 700DOM:1 / 1New:1Total:4
2 Beds
Avg:$1,140Median:$1,250Range:$750 – $1,275PSF:$1 / $1Sq Ft:868 / 736DOM:3 / 1New:3Total:5
3 Beds
Avg:$1,580Median:$1,599Range:$1,200 – $1,800PSF:$1 / $1Sq Ft:1,190 / 1,152DOM:47 / 1New:3Total:5
4 Beds
Avg:$1,450Median:$1,450Range:$1,450 – $1,450PSF:$1 / $1Sq Ft:1,220 / 1,220DOM:1 / 1New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$330,000Median DOM:107New:18Total:105
Nov 2025
Median Price:$325,000Median DOM:121New:11Total:103
Dec 2025
Median Price:$325,000Median DOM:111New:10Total:102
Jan 2026
Median Price:$310,000Median DOM:108New:9Total:89
Feb 2026
Median Price:$330,000Median DOM:109New:14Total:88
Mar 2026
Median Price:$340,000Median DOM:87New:4Total:83

6-Month Rental Trend

Oct 2025
Median Rent:$1,300Median DOM:9New:7Total:18
Nov 2025
Median Rent:$1,300Median DOM:18New:5Total:17
Dec 2025
Median Rent:$1,250Median DOM:1New:6Total:14
Jan 2026
Median Rent:$1,200Median DOM:1New:6Total:12
Feb 2026
Median Rent:$1,200Median DOM:1New:9Total:15
Mar 2026
Median Rent:$1,250Median DOM:1New:8Total:15

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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