ZIP 27504 Housing Market Report
Raleigh Metro
Report period: March 2026
27504 Monthly Market Update – March 2026
ZIP 27504 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$364,900
−0.0%
Median DOM (Sales)
49
−2.0%
New Listings (Sales)
14
−71.4%
Median Rent
$1,729
0.0%
Median DOM (Rental)
14
−51.7%
Total Rental Listings
40
+11.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (18 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($427,900 median)
Sales Market Overview
Median Price
$364,900
−0.0%
Median DOM
49
−2.0%
New Listings
14
−71.4%
Inventory
224
+0.9%
- Average Price: $420,612
- Median Price: $364,900
- Price Range: $40,000 – $6,764,000
- Price per Sq Ft (Avg/Median): $190 / $184
- Square Footage (Avg/Median): 2,136 / 2,068
- Square Footage Range: 979 – 5,359
- Days on Market (Avg/Median): 100 / 49
- Days on Market Range: 2 – 352
- New Listings: 14
- Total Listings: 224
Sales by Property Type
Land
Avg/Median Price$590,094 / $150,000Range$40,000 – $6,764,000Price per Sq Ft—Sq Ft—DOM126 / 97New0Total31
Manufactured
Avg/Median Price$249,967 / $265,000Range$199,900 – $285,000Price per Sq Ft$176 / $176Sq Ft1,427 / 1,440DOM21 / 18New0Total3
Single Family
Avg/Median Price$396,266 / $375,000Range$115,000 – $2,000,000Price per Sq Ft$190 / $184Sq Ft2,151 / 2,081DOM97 / 48New14Total189
Townhouse
Avg/Median Price$280,000 / $280,000Range$280,000 – $280,000Price per Sq Ft$205 / $205Sq Ft1,363 / 1,363DOM34 / 34New0Total1
Sales by Bedroom Count
2 Beds
Avg:$261,989Median:$259,999Range:$115,000 – $395,000PSF:$209 / $213Sq Ft:1,368 / 1,308DOM:90 / 50New:0Total:9
3 Beds
Avg:$365,271Median:$345,000Range:$135,000 – $1,280,000PSF:$197 / $196Sq Ft:1,888 / 1,802DOM:100 / 51New:9Total:126
4 Beds
Avg:$482,046Median:$424,900Range:$299,900 – $2,000,000PSF:$180 / $165Sq Ft:2,636 / 2,600DOM:89 / 34New:5Total:46
5 Beds
Avg:$447,333Median:$427,900Range:$359,900 – $570,000PSF:$139 / $147Sq Ft:3,328 / 3,191DOM:75 / 36New:0Total:12
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $261,989 | $259,999 | $115,000 – $395,000 | $209 / $213 | 1,368 / 1,308 | 90 / 50 | 0 | 9 |
| 3 Beds | $365,271 | $345,000 | $135,000 – $1,280,000 | $197 / $196 | 1,888 / 1,802 | 100 / 51 | 9 | 126 |
| 4 Beds | $482,046 | $424,900 | $299,900 – $2,000,000 | $180 / $165 | 2,636 / 2,600 | 89 / 34 | 5 | 46 |
| 5 Beds | $447,333 | $427,900 | $359,900 – $570,000 | $139 / $147 | 3,328 / 3,191 | 75 / 36 | 0 | 12 |
Rental Market Overview
Median Rent
$1,729
0.0%
Median DOM
14
−51.7%
New Listings
13
Inventory
40
+11.1%
- Average Rent: $1,603
- Median Rent: $1,729
- Rent Range: $675 – $2,299
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,728 / 1,563
- Square Footage Range: 934 – 3,300
- Days on Market (Avg/Median): 33 / 14
- Days on Market Range: 1 – 159
- New Listings: 13
- Total Listings: 40
Rentals by Property Type
Apartment
$1,150
Median DOM: 1
Inventory: 7
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,749
Median DOM: 14
Inventory: 26
MoM: 0.0%
Townhouse
$1,250
Median DOM: 63
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$1,100 / $1,150Range$950 – $1,400Rent per Sq Ft$2 / $2Sq Ft934 / 934DOM7 / 1New4Total7
Single Family
Avg/Median Rent$1,783 / $1,749Range$675 – $2,299Rent per Sq Ft$1 / $1Sq Ft1,779 / 1,561DOM32 / 14New8Total26
Townhouse
Avg/Median Rent$1,436 / $1,250Range$900 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,563 / 1,563DOM66 / 63New1Total7
Rentals by Bedroom Count
1 Beds
Avg:$896Median:$950Range:$675 – $950PSF:$0 / $0Sq Ft:3,300 / 3,300DOM:2 / 1New:3Total:6
2 Beds
Avg:$1,219Median:$1,155Range:$1,150 – $1,400PSF:$2 / $2Sq Ft:934 / 934DOM:29 / 1New:3Total:8
3 Beds
Avg:$1,855Median:$1,800Range:$1,595 – $2,290PSF:$1 / $1Sq Ft:1,615 / 1,561DOM:47 / 33New:5Total:24
4 Beds
Avg:$2,233Median:$2,167Range:$2,167 – $2,299PSF:$1 / $1Sq Ft:2,530 / 2,438DOM:1 / 1New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $896 | $950 | $675 – $950 | $0 / $0 | 3,300 / 3,300 | 2 / 1 | 3 | 6 |
| 2 Beds | $1,219 | $1,155 | $1,150 – $1,400 | $2 / $2 | 934 / 934 | 29 / 1 | 3 | 8 |
| 3 Beds | $1,855 | $1,800 | $1,595 – $2,290 | $1 / $1 | 1,615 / 1,561 | 47 / 33 | 5 | 24 |
| 4 Beds | $2,233 | $2,167 | $2,167 – $2,299 | $1 / $1 | 2,530 / 2,438 | 1 / 1 | 2 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$359,900Median DOM:72New:27Total:229
Nov 2025
Median Price:$364,900Median DOM:77New:41Total:227
Dec 2025
Median Price:$378,400Median DOM:80New:35Total:219
Jan 2026
Median Price:$364,900Median DOM:62New:61Total:223
Feb 2026
Median Price:$365,000Median DOM:50New:49Total:222
Mar 2026
Median Price:$364,900Median DOM:49New:14Total:224
6-Month Rental Trend
Oct 2025
Median Rent:$1,925Median DOM:14New:16Total:38
Nov 2025
Median Rent:$1,929Median DOM:10New:17Total:37
Dec 2025
Median Rent:$1,880Median DOM:13New:18Total:44
Jan 2026
Median Rent:$1,749Median DOM:24New:16Total:36
Feb 2026
Median Rent:$1,729Median DOM:29New:13Total:36
Mar 2026
Median Rent:$1,729Median DOM:14New:13Total:40
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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