ZIP 27503 Housing Market Report

Raleigh Metro

Report period: March 2026

27503 Monthly Market Update – March 2026

ZIP 27503 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$419,000
−12.7%
Median DOM (Sales)
80
+11.1%
New Listings (Sales)
0
−100.0%
Median Rent
$1,895
Median DOM (Rental)
1
Total Rental Listings
1

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened.

What's Moving Fastest

  • Fastest selling: Single Family (53 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 4 Beds ($550,000 median)

Sales Market Overview

Median Price
$419,000
−12.7%
Median DOM
80
+11.1%
New Listings
0
−100.0%
Inventory
13
0.0%
  • Average Price: $694,877
  • Median Price: $419,000
  • Price Range: $80,000 – $2,640,000
  • Price per Sq Ft (Avg/Median): $320 / $269
  • Square Footage (Avg/Median): 2,001 / 1,545
  • Square Footage Range: 1,186 – 3,943
  • Days on Market (Avg/Median): 114 / 80
  • Days on Market Range: 2 – 344
  • New Listings: 0
  • Total Listings: 13

Sales by Property Type

Land
Avg/Median Price$872,300 / $129,000Range$80,000 – $2,640,000Price per Sq FtSq FtDOM165 / 146New0Total5
Single Family
Avg/Median Price$583,988 / $419,000Range$309,000 – $1,150,000Price per Sq Ft$320 / $269Sq Ft2,001 / 1,545DOM88 / 53New0Total8

Sales by Bedroom Count

2 Beds
Avg:$419,000Median:$419,000Range:$419,000 – $419,000PSF:$209 / $209Sq Ft:2,007 / 2,007DOM:80 / 80New:0Total:1
3 Beds
Avg:$510,580Median:$415,000Range:$309,000 – $729,000PSF:$377 / $299Sq Ft:1,363 / 1,340DOM:111 / 53New:0Total:5
4 Beds
Avg:$850,000Median:$550,000Range:$550,000 – $1,150,000PSF:$231 / $170Sq Ft:3,592 / 3,241DOM:37 / 18New:0Total:2

Rental Market Overview

Median Rent
$1,895
Median DOM
1
New Listings
1
Inventory
1
  • Average Rent: $1,895
  • Median Rent: $1,895
  • Rent Range: $1,895 – $1,895
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,359 / 1,359
  • Square Footage Range: 1,359 – 1,359
  • Days on Market (Avg/Median): 1 / 1
  • Days on Market Range: 1 – 1
  • New Listings: 1
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM:
Condo
Median DOM:
Inventory:
MoM:
Single Family
$1,895
Median DOM: 1
Inventory: 1
MoM:
Townhouse
Median DOM:
Inventory:
MoM:
Single Family
Avg/Median Rent$1,895 / $1,895Range$1,895 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,359 / 1,359DOM1 / 1New1Total1

Rentals by Bedroom Count

3 Beds
Avg:$1,895Median:$1,895Range:$1,895 – $1,895PSF:$1 / $1Sq Ft:1,359 / 1,359DOM:1 / 1New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$494,000Median DOM:45New:5Total:27
Nov 2025
Median Price:$498,000Median DOM:49New:2Total:25
Dec 2025
Median Price:$549,000Median DOM:75New:2Total:15
Jan 2026
Median Price:$479,900Median DOM:44New:3Total:12
Feb 2026
Median Price:$479,900Median DOM:72New:1Total:13
Mar 2026
Median Price:$419,000Median DOM:80New:0Total:13

6-Month Rental Trend

Trend data unavailable.
Mar 2026
Median Rent:$1,895Median DOM:1New:1Total:1

Key Market Takeaways

Median sale prices softened this month while inventory remained stable. Days on market lengthened, signaling slower 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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