ZIP 27513 Housing Market Report
Raleigh Metro
Report period: March 2026
27513 Monthly Market Update – March 2026
ZIP 27513 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$525,000
+1.9%
Median DOM (Sales)
26
−31.6%
New Listings (Sales)
30
−37.5%
Median Rent
$1,660
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
860
+2.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (3 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($770,000 median)
Sales Market Overview
Median Price
$525,000
+1.9%
Median DOM
26
−31.6%
New Listings
30
−37.5%
Inventory
158
+2.6%
- Average Price: $619,116
- Median Price: $525,000
- Price Range: $190,000 – $7,888,000
- Price per Sq Ft (Avg/Median): $278 / $262
- Square Footage (Avg/Median): 2,145 / 1,960
- Square Footage Range: 674 – 9,692
- Days on Market (Avg/Median): 58 / 26
- Days on Market Range: 2 – 302
- New Listings: 30
- Total Listings: 158
Sales by Property Type
Condo
Avg/Median Price$308,466 / $300,000Range$190,000 – $547,716Price per Sq Ft$260 / $258Sq Ft1,188 / 1,115DOM82 / 102New0Total17
Land
Avg/Median Price$638,583 / $500,000Range$200,000 – $1,700,000Price per Sq Ft—Sq Ft—DOM170 / 125New0Total12
Multi-Family
Avg/Median Price$594,219 / $578,496Range$550,000 – $775,000Price per Sq Ft$333 / $295Sq Ft1,930 / 1,960DOM5 / 3New10Total11
Single Family
Avg/Median Price$756,994 / $585,000Range$350,000 – $7,888,000Price per Sq Ft$287 / $270Sq Ft2,512 / 2,302DOM52 / 19New15Total84
Townhouse
Avg/Median Price$434,985 / $365,000Range$259,900 – $1,425,000Price per Sq Ft$247 / $243Sq Ft1,786 / 1,608DOM41 / 21New5Total34
Sales by Bedroom Count
Studio
Avg:$465,000Median:$465,000Range:$465,000 – $465,000PSF:$285 / $285Sq Ft:1,632 / 1,632DOM:8 / 8New:0Total:1
1 Beds
Avg:$201,633Median:$199,900Range:$190,000 – $215,000PSF:$273 / $282Sq Ft:749 / 699DOM:105 / 140New:0Total:3
2 Beds
Avg:$334,191Median:$309,999Range:$225,000 – $775,000PSF:$287 / $258Sq Ft:1,195 / 1,188DOM:50 / 38New:2Total:23
3 Beds
Avg:$492,318Median:$474,999Range:$274,800 – $1,425,000PSF:$280 / $274Sq Ft:1,787 / 1,736DOM:47 / 14New:12Total:57
4 Beds
Avg:$700,713Median:$630,000Range:$365,000 – $2,100,000PSF:$267 / $260Sq Ft:2,591 / 2,513DOM:36 / 8New:12Total:45
5 Beds
Avg:$1,282,753Median:$770,000Range:$475,000 – $7,888,000PSF:$288 / $250Sq Ft:3,730 / 3,205DOM:82 / 66New:4Total:17
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $465,000 | $465,000 | $465,000 – $465,000 | $285 / $285 | 1,632 / 1,632 | 8 / 8 | 0 | 1 |
| 1 Beds | $201,633 | $199,900 | $190,000 – $215,000 | $273 / $282 | 749 / 699 | 105 / 140 | 0 | 3 |
| 2 Beds | $334,191 | $309,999 | $225,000 – $775,000 | $287 / $258 | 1,195 / 1,188 | 50 / 38 | 2 | 23 |
| 3 Beds | $492,318 | $474,999 | $274,800 – $1,425,000 | $280 / $274 | 1,787 / 1,736 | 47 / 14 | 12 | 57 |
| 4 Beds | $700,713 | $630,000 | $365,000 – $2,100,000 | $267 / $260 | 2,591 / 2,513 | 36 / 8 | 12 | 45 |
| 5 Beds | $1,282,753 | $770,000 | $475,000 – $7,888,000 | $288 / $250 | 3,730 / 3,205 | 82 / 66 | 4 | 17 |
Rental Market Overview
Median Rent
$1,660
0.0%
Median DOM
1
0.0%
New Listings
495
Inventory
860
+2.4%
- Average Rent: $1,726
- Median Rent: $1,660
- Rent Range: $695 – $4,988
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,092 / 1,080
- Square Footage Range: 585 – 4,492
- Days on Market (Avg/Median): 8 / 1
- Days on Market Range: 1 – 317
- New Listings: 495
- Total Listings: 860
Rentals by Property Type
Apartment
$1,617
Median DOM: 1
Inventory: 762
MoM: 0.0%
Condo
$1,595
Median DOM: 24
Inventory: 6
MoM: 0.0%
Single Family
$2,300
Median DOM: 7
Inventory: 48
MoM: 0.0%
Townhouse
$1,625
Median DOM: 1
Inventory: 41
MoM: 0.0%
Apartment
Avg/Median Rent$1,683 / $1,617Range$695 – $4,988Rent per Sq Ft$2 / $2Sq Ft1,026 / 990DOM6 / 1New466Total762
Condo
Avg/Median Rent$1,581 / $1,595Range$1,300 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,129 / 1,240DOM38 / 24New0Total6
Multi-Family
Avg/Median Rent$1,698 / $1,750Range$1,595 – $1,750Rent per Sq Ft$2 / $2Sq Ft960 / 960DOM81 / 74New0Total3
Single Family
Avg/Median Rent$2,448 / $2,300Range$1,495 – $4,600Rent per Sq Ft$1 / $1Sq Ft1,876 / 1,716DOM26 / 7New16Total48
Townhouse
Avg/Median Rent$1,712 / $1,625Range$1,229 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,388 / 1,100DOM14 / 1New13Total41
Rentals by Bedroom Count
Studio
Avg:$1,282Median:$1,237Range:$1,205 – $1,400PSF:$2 / $2Sq Ft:723 / 704DOM:11 / 1New:3Total:8
1 Beds
Avg:$1,421Median:$1,406Range:$695 – $3,918PSF:$2 / $2Sq Ft:797 / 760DOM:7 / 1New:170Total:311
2 Beds
Avg:$1,797Median:$1,749Range:$1,229 – $4,988PSF:$2 / $2Sq Ft:1,130 / 1,120DOM:6 / 1New:249Total:386
3 Beds
Avg:$2,106Median:$2,023Range:$1,426 – $4,000PSF:$1 / $1Sq Ft:1,504 / 1,430DOM:12 / 1New:66Total:137
4 Beds
Avg:$2,667Median:$2,550Range:$1,702 – $4,300PSF:$1 / $1Sq Ft:2,214 / 2,150DOM:21 / 1New:6Total:16
5 Beds
Avg:$3,725Median:$2,850Range:$2,850 – $4,600PSF:$1 / $1Sq Ft:3,886 / 3,281DOM:8 / 2New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,282 | $1,237 | $1,205 – $1,400 | $2 / $2 | 723 / 704 | 11 / 1 | 3 | 8 |
| 1 Beds | $1,421 | $1,406 | $695 – $3,918 | $2 / $2 | 797 / 760 | 7 / 1 | 170 | 311 |
| 2 Beds | $1,797 | $1,749 | $1,229 – $4,988 | $2 / $2 | 1,130 / 1,120 | 6 / 1 | 249 | 386 |
| 3 Beds | $2,106 | $2,023 | $1,426 – $4,000 | $1 / $1 | 1,504 / 1,430 | 12 / 1 | 66 | 137 |
| 4 Beds | $2,667 | $2,550 | $1,702 – $4,300 | $1 / $1 | 2,214 / 2,150 | 21 / 1 | 6 | 16 |
| 5 Beds | $3,725 | $2,850 | $2,850 – $4,600 | $1 / $1 | 3,886 / 3,281 | 8 / 2 | 1 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$545,000Median DOM:42New:64Total:224
Nov 2025
Median Price:$525,000Median DOM:45New:45Total:206
Dec 2025
Median Price:$525,000Median DOM:62New:30Total:180
Jan 2026
Median Price:$529,000Median DOM:62New:47Total:153
Feb 2026
Median Price:$515,000Median DOM:38New:48Total:154
Mar 2026
Median Price:$525,000Median DOM:26New:30Total:158
6-Month Rental Trend
Oct 2025
Median Rent:$1,686Median DOM:1New:625Total:848
Nov 2025
Median Rent:$1,647Median DOM:1New:666Total:808
Dec 2025
Median Rent:$1,645Median DOM:1New:669Total:859
Jan 2026
Median Rent:$1,638Median DOM:1New:627Total:861
Feb 2026
Median Rent:$1,660Median DOM:1New:605Total:840
Mar 2026
Median Rent:$1,660Median DOM:1New:495Total:860
Key Market Takeaways
Median sale prices moved higher 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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