ZIP 27508 Housing Market Report
Raleigh Metro
Report period: March 2026
27508 Monthly Market Update – March 2026
ZIP 27508 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$25,000
0.0%
Median DOM (Sales)
113
−10.3%
New Listings (Sales)
1
+1
Median Rent
$1,295
0.0%
Median DOM (Rental)
20
0.0%
Total Rental Listings
6
0.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Single Family (2 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 3 Beds ($280,000 median)
Sales Market Overview
Median Price
$25,000
0.0%
Median DOM
113
−10.3%
New Listings
1
+1
Inventory
4
+33.3%
- Average Price: $128,249
- Median Price: $25,000
- Price Range: $9,995 – $280,000
- Price per Sq Ft (Avg/Median): $111 / $14
- Square Footage (Avg/Median): 1,034 / 720
- Square Footage Range: 720 – 1,347
- Days on Market (Avg/Median): 139 / 113
- Days on Market Range: 2 – 303
- New Listings: 1
- Total Listings: 4
Sales by Property Type
Land
Avg/Median Price$111,500 / $25,000Range$25,000 – $198,000Price per Sq Ft—Sq Ft—DOM208 / 113New0Total2
Manufactured
Avg/Median Price$9,995 / $9,995Range$9,995 – $9,995Price per Sq Ft$14 / $14Sq Ft720 / 720DOM138 / 138New0Total1
Single Family
Avg/Median Price$280,000 / $280,000Range$280,000 – $280,000Price per Sq Ft$208 / $208Sq Ft1,347 / 1,347DOM2 / 2New1Total1
Sales by Bedroom Count
2 Beds
Avg:$9,995Median:$9,995Range:$9,995 – $9,995PSF:$14 / $14Sq Ft:720 / 720DOM:138 / 138New:0Total:1
3 Beds
Avg:$280,000Median:$280,000Range:$280,000 – $280,000PSF:$208 / $208Sq Ft:1,347 / 1,347DOM:2 / 2New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $9,995 | $9,995 | $9,995 – $9,995 | $14 / $14 | 720 / 720 | 138 / 138 | 0 | 1 |
| 3 Beds | $280,000 | $280,000 | $280,000 – $280,000 | $208 / $208 | 1,347 / 1,347 | 2 / 2 | 1 | 1 |
Rental Market Overview
Median Rent
$1,295
0.0%
Median DOM
20
0.0%
New Listings
1
Inventory
6
0.0%
- Average Rent: $1,298
- Median Rent: $1,295
- Rent Range: $1,200 – $1,400
- Rent per Sq Ft (Avg/Median): $1 / $2
- Square Footage (Avg/Median): 941 / 898
- Square Footage Range: 800 – 1,125
- Days on Market (Avg/Median): 43 / 20
- Days on Market Range: 1 – 170
- New Listings: 1
- Total Listings: 6
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,350
Median DOM: 1
Inventory: 1
MoM: 0.0%
Townhouse
$1,200
Median DOM: 22
Inventory: 3
MoM: 0.0%
Multi-Family
Avg/Median Rent$1,320 / $1,295Range$1,295 – $1,345Rent per Sq Ft$2 / $2Sq Ft898 / 898DOM90 / 9New0Total2
Single Family
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM1 / 1New1Total1
Townhouse
Avg/Median Rent$1,267 / $1,200Range$1,200 – $1,400Rent per Sq Ft$1 / $1Sq Ft1,125 / 1,125DOM25 / 22New0Total3
Rentals by Bedroom Count
2 Beds
Avg:$1,298Median:$1,295Range:$1,200 – $1,400PSF:$1 / $2Sq Ft:941 / 898DOM:43 / 20New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,298 | $1,295 | $1,200 – $1,400 | $1 / $2 | 941 / 898 | 43 / 20 | 1 | 6 |
6-Month Sales Trend
Oct 2025
Median Price:$99,800Median DOM:133New:1Total:7
Nov 2025
Median Price:$219,900Median DOM:62New:3Total:9
Dec 2025
Median Price:$219,900Median DOM:67New:0Total:7
Jan 2026
Median Price:$219,900Median DOM:73New:0Total:7
Feb 2026
Median Price:$25,000Median DOM:126New:0Total:3
Mar 2026
Median Price:$25,000Median DOM:113New:1Total:4
6-Month Rental Trend
Oct 2025
Median Rent:$1,395Median DOM:50New:1Total:3
Nov 2025
Median Rent:$1,394Median DOM:80New:0Total:3
Dec 2025
Median Rent:$1,370Median DOM:111New:0Total:2
Jan 2026
Median Rent:$1,345Median DOM:20New:2Total:3
Feb 2026
Median Rent:$1,295Median DOM:20New:3Total:6
Mar 2026
Median Rent:$1,295Median DOM:20New:1Total:6
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving 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.
272072720827213272282723127243272522725627278273122734427502275032750427508275102751127512275132751427515275162751727518275192752027523275242752527526+81 more
← Back to Raleigh Metro