ZIP 27520 Housing Market Report
Raleigh Metro
Report period: March 2026
27520 Monthly Market Update – March 2026
ZIP 27520 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$357,990
−0.2%
Median DOM (Sales)
27
−12.9%
New Listings (Sales)
135
−23.7%
Median Rent
$1,650
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
424
+10.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($689,900 median)
Sales Market Overview
Median Price
$357,990
−0.2%
Median DOM
27
−12.9%
New Listings
135
−23.7%
Inventory
548
+9.6%
- Average Price: $410,647
- Median Price: $357,990
- Price Range: $64,750 – $4,200,000
- Price per Sq Ft (Avg/Median): $200 / $189
- Square Footage (Avg/Median): 2,032 / 1,853
- Square Footage Range: 633 – 6,262
- Days on Market (Avg/Median): 54 / 27
- Days on Market Range: 1 – 361
- New Listings: 135
- Total Listings: 548
Sales by Property Type
Condo
Avg/Median Price$250,211 / $227,000Range$173,500 – $354,990Price per Sq Ft$208 / $197Sq Ft1,190 / 1,169DOM83 / 92New1Total7
Land
Avg/Median Price$787,176 / $169,000Range$64,750 – $4,200,000Price per Sq Ft—Sq Ft—DOM88 / 22New8Total27
Manufactured
Avg/Median Price$221,075 / $235,000Range$159,500 – $249,900Price per Sq Ft$148 / $154Sq Ft1,506 / 1,504DOM103 / 23New1Total4
Multi-Family
Avg/Median Price$352,832 / $352,710Range$260,000 – $439,990Price per Sq Ft$265 / $272Sq Ft1,341 / 1,290DOM48 / 7New5Total12
Single Family
Avg/Median Price$419,309 / $385,000Range$125,000 – $1,450,000Price per Sq Ft$200 / $192Sq Ft2,184 / 2,197DOM48 / 22New110Total419
Townhouse
Avg/Median Price$268,617 / $269,900Range$225,000 – $340,000Price per Sq Ft$189 / $185Sq Ft1,434 / 1,420DOM71 / 43New10Total79
Sales by Bedroom Count
2 Beds
Avg:$335,614Median:$329,990Range:$125,000 – $1,400,000PSF:$268 / $267Sq Ft:1,226 / 1,223DOM:53 / 29New:12Total:40
3 Beds
Avg:$339,031Median:$320,000Range:$159,500 – $1,250,000PSF:$206 / $196Sq Ft:1,668 / 1,560DOM:60 / 35New:46Total:259
4 Beds
Avg:$451,113Median:$412,840Range:$309,900 – $1,450,000PSF:$188 / $185Sq Ft:2,414 / 2,366DOM:46 / 22New:41Total:153
5 Beds
Avg:$482,899Median:$469,990Range:$345,000 – $975,000PSF:$160 / $157Sq Ft:3,014 / 2,818DOM:35 / 7New:28Total:68
6 Beds
Avg:$689,900Median:$689,900Range:$689,900 – $689,900PSF:$202 / $202Sq Ft:3,423 / 3,423DOM:8 / 8New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $335,614 | $329,990 | $125,000 – $1,400,000 | $268 / $267 | 1,226 / 1,223 | 53 / 29 | 12 | 40 |
| 3 Beds | $339,031 | $320,000 | $159,500 – $1,250,000 | $206 / $196 | 1,668 / 1,560 | 60 / 35 | 46 | 259 |
| 4 Beds | $451,113 | $412,840 | $309,900 – $1,450,000 | $188 / $185 | 2,414 / 2,366 | 46 / 22 | 41 | 153 |
| 5 Beds | $482,899 | $469,990 | $345,000 – $975,000 | $160 / $157 | 3,014 / 2,818 | 35 / 7 | 28 | 68 |
| 6 Beds | $689,900 | $689,900 | $689,900 – $689,900 | $202 / $202 | 3,423 / 3,423 | 8 / 8 | 0 | 1 |
Rental Market Overview
Median Rent
$1,650
+0.1%
Median DOM
1
0.0%
New Listings
216
Inventory
424
+10.7%
- Average Rent: $1,713
- Median Rent: $1,650
- Rent Range: $969 – $7,850
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,386 / 1,231
- Square Footage Range: 450 – 3,769
- Days on Market (Avg/Median): 18 / 1
- Days on Market Range: 1 – 350
- New Listings: 216
- Total Listings: 424
Rentals by Property Type
Apartment
$1,527
Median DOM: 1
Inventory: 190
MoM: +0.1%
Condo
$1,295
Median DOM: 1
Inventory: 3
MoM: +0.1%
Single Family
$1,840
Median DOM: 1
Inventory: 189
MoM: +0.1%
Townhouse
$1,495
Median DOM: 1
Inventory: 41
MoM: +0.1%
Apartment
Avg/Median Rent$1,550 / $1,527Range$969 – $2,405Rent per Sq Ft$2 / $2Sq Ft1,032 / 1,093DOM8 / 1New128Total190
Condo
Avg/Median Rent$1,332 / $1,295Range$1,200 – $1,500Rent per Sq Ft$2 / $2Sq Ft726 / 726DOM1 / 1New2Total3
Multi-Family
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$1 / $1Sq Ft1,100 / 1,100DOM49 / 49New0Total1
Single Family
Avg/Median Rent$1,905 / $1,840Range$1,000 – $7,850Rent per Sq Ft$1 / $1Sq Ft1,756 / 1,698DOM25 / 1New70Total189
Townhouse
Avg/Median Rent$1,617 / $1,495Range$1,350 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,411 / 1,320DOM38 / 1New16Total41
Rentals by Bedroom Count
1 Beds
Avg:$1,381Median:$1,371Range:$969 – $2,150PSF:$2 / $2Sq Ft:769 / 804DOM:16 / 1New:48Total:75
2 Beds
Avg:$1,553Median:$1,552Range:$1,000 – $2,405PSF:$1 / $1Sq Ft:1,114 / 1,130DOM:10 / 1New:65Total:111
3 Beds
Avg:$1,827Median:$1,799Range:$1,295 – $7,850PSF:$1 / $1Sq Ft:1,551 / 1,431DOM:26 / 1New:79Total:183
4 Beds
Avg:$2,087Median:$2,030Range:$1,700 – $2,949PSF:$1 / $1Sq Ft:2,195 / 2,225DOM:15 / 1New:20Total:46
5 Beds
Avg:$2,204Median:$2,249Range:$1,870 – $2,450PSF:$1 / $1Sq Ft:2,409 / 2,260DOM:16 / 1New:4Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,381 | $1,371 | $969 – $2,150 | $2 / $2 | 769 / 804 | 16 / 1 | 48 | 75 |
| 2 Beds | $1,553 | $1,552 | $1,000 – $2,405 | $1 / $1 | 1,114 / 1,130 | 10 / 1 | 65 | 111 |
| 3 Beds | $1,827 | $1,799 | $1,295 – $7,850 | $1 / $1 | 1,551 / 1,431 | 26 / 1 | 79 | 183 |
| 4 Beds | $2,087 | $2,030 | $1,700 – $2,949 | $1 / $1 | 2,195 / 2,225 | 15 / 1 | 20 | 46 |
| 5 Beds | $2,204 | $2,249 | $1,870 – $2,450 | $1 / $1 | 2,409 / 2,260 | 16 / 1 | 4 | 9 |
6-Month Sales Trend
Oct 2025
Median Price:$359,740Median DOM:29New:188Total:497
Nov 2025
Median Price:$359,000Median DOM:35New:156Total:524
Dec 2025
Median Price:$355,000Median DOM:35New:151Total:489
Jan 2026
Median Price:$354,990Median DOM:33New:177Total:487
Feb 2026
Median Price:$358,750Median DOM:31New:177Total:500
Mar 2026
Median Price:$357,990Median DOM:27New:135Total:548
6-Month Rental Trend
Oct 2025
Median Rent:$1,690Median DOM:1New:250Total:404
Nov 2025
Median Rent:$1,650Median DOM:1New:235Total:391
Dec 2025
Median Rent:$1,648Median DOM:1New:244Total:387
Jan 2026
Median Rent:$1,648Median DOM:1New:232Total:381
Feb 2026
Median Rent:$1,648Median DOM:1New:212Total:383
Mar 2026
Median Rent:$1,650Median DOM:1New:216Total:424
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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