ZIP 27523 Housing Market Report
Raleigh Metro
Report period: March 2026
27523 Monthly Market Update – March 2026
ZIP 27523 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$659,000
+1.4%
Median DOM (Sales)
24
−11.1%
New Listings (Sales)
55
−17.9%
Median Rent
$1,624
−1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
332
+4.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (10 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,275,000 median)
Sales Market Overview
Median Price
$659,000
+1.4%
Median DOM
24
−11.1%
New Listings
55
−17.9%
Inventory
200
−2.0%
- Average Price: $817,734
- Median Price: $659,000
- Price Range: $100,000 – $2,825,000
- Price per Sq Ft (Avg/Median): $268 / $253
- Square Footage (Avg/Median): 2,935 / 2,663
- Square Footage Range: 1,381 – 6,028
- Days on Market (Avg/Median): 60 / 24
- Days on Market Range: 1 – 352
- New Listings: 55
- Total Listings: 200
Sales by Property Type
Land
Avg/Median Price$814,538 / $730,000Range$100,000 – $2,799,000Price per Sq Ft—Sq Ft—DOM173 / 210New1Total13
Single Family
Avg/Median Price$1,058,143 / $879,999Range$469,000 – $2,825,000Price per Sq Ft$299 / $269Sq Ft3,474 / 3,300DOM53 / 10New33Total106
Townhouse
Avg/Median Price$503,638 / $510,000Range$346,000 – $649,900Price per Sq Ft$227 / $231Sq Ft2,229 / 2,227DOM56 / 35New21Total81
Sales by Bedroom Count
2 Beds
Avg:$605,000Median:$605,000Range:$605,000 – $605,000PSF:$363 / $363Sq Ft:1,665 / 1,665DOM:6 / 6New:0Total:1
3 Beds
Avg:$567,861Median:$527,285Range:$346,000 – $1,200,000PSF:$253 / $243Sq Ft:2,274 / 2,152DOM:69 / 66New:4Total:48
4 Beds
Avg:$742,479Median:$525,000Range:$432,500 – $2,825,000PSF:$255 / $236Sq Ft:2,766 / 2,449DOM:42 / 7New:36Total:85
5 Beds
Avg:$1,137,093Median:$981,450Range:$615,000 – $2,550,000PSF:$300 / $276Sq Ft:3,710 / 3,585DOM:59 / 10New:13Total:45
6 Beds
Avg:$1,351,948Median:$1,275,000Range:$930,790 – $1,985,000PSF:$299 / $293Sq Ft:4,486 / 4,435DOM:84 / 24New:1Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $605,000 | $605,000 | $605,000 – $605,000 | $363 / $363 | 1,665 / 1,665 | 6 / 6 | 0 | 1 |
| 3 Beds | $567,861 | $527,285 | $346,000 – $1,200,000 | $253 / $243 | 2,274 / 2,152 | 69 / 66 | 4 | 48 |
| 4 Beds | $742,479 | $525,000 | $432,500 – $2,825,000 | $255 / $236 | 2,766 / 2,449 | 42 / 7 | 36 | 85 |
| 5 Beds | $1,137,093 | $981,450 | $615,000 – $2,550,000 | $300 / $276 | 3,710 / 3,585 | 59 / 10 | 13 | 45 |
| 6 Beds | $1,351,948 | $1,275,000 | $930,790 – $1,985,000 | $299 / $293 | 4,486 / 4,435 | 84 / 24 | 1 | 8 |
Rental Market Overview
Median Rent
$1,624
−1.5%
Median DOM
1
0.0%
New Listings
138
Inventory
332
+4.4%
- Average Rent: $1,757
- Median Rent: $1,624
- Rent Range: $1,050 – $3,900
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,205 / 1,069
- Square Footage Range: 645 – 3,476
- Days on Market (Avg/Median): 11 / 1
- Days on Market Range: 1 – 364
- New Listings: 138
- Total Listings: 332
Rentals by Property Type
Apartment
$1,544
Median DOM: 1
Inventory: 282
MoM: −1.5%
Condo
—
Median DOM: —
Inventory: —
MoM: −1.5%
Single Family
$2,650
Median DOM: 13
Inventory: 21
MoM: −1.5%
Townhouse
$2,395
Median DOM: 14
Inventory: 27
MoM: −1.5%
Apartment
Avg/Median Rent$1,620 / $1,544Range$1,050 – $2,977Rent per Sq Ft$2 / $2Sq Ft1,032 / 1,050DOM4 / 1New126Total282
Manufactured
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$1 / $1Sq Ft1,666 / 1,666DOM26 / 26New0Total1
Multi-Family
Avg/Median Rent$2,195 / $2,195Range$2,195 – $2,195Rent per Sq Ft$1 / $1Sq Ft1,500 / 1,500DOM93 / 93New0Total1
Single Family
Avg/Median Rent$2,771 / $2,650Range$1,600 – $3,900Rent per Sq Ft$1 / $1Sq Ft2,733 / 2,969DOM50 / 13New5Total21
Townhouse
Avg/Median Rent$2,397 / $2,395Range$2,000 – $2,934Rent per Sq Ft$1 / $1Sq Ft2,134 / 1,981DOM46 / 14New7Total27
Rentals by Bedroom Count
Studio
Avg:$1,440Median:$1,392Range:$1,367 – $1,508PSF:$2 / $2Sq Ft:650 / 645DOM:80 / 1New:2Total:4
1 Beds
Avg:$1,473Median:$1,465Range:$1,150 – $2,120PSF:$2 / $2Sq Ft:804 / 799DOM:6 / 1New:44Total:110
2 Beds
Avg:$1,635Median:$1,537Range:$1,253 – $2,504PSF:$1 / $1Sq Ft:1,130 / 1,081DOM:1 / 1New:62Total:131
3 Beds
Avg:$2,135Median:$2,145Range:$1,050 – $2,977PSF:$1 / $1Sq Ft:1,629 / 1,429DOM:20 / 1New:26Total:63
4 Beds
Avg:$2,642Median:$2,500Range:$2,095 – $3,900PSF:$1 / $1Sq Ft:2,547 / 2,400DOM:48 / 24New:1Total:19
5 Beds
Avg:$3,314Median:$3,200Range:$3,125 – $3,600PSF:$1 / $1Sq Ft:3,257 / 3,320DOM:59 / 1New:3Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,440 | $1,392 | $1,367 – $1,508 | $2 / $2 | 650 / 645 | 80 / 1 | 2 | 4 |
| 1 Beds | $1,473 | $1,465 | $1,150 – $2,120 | $2 / $2 | 804 / 799 | 6 / 1 | 44 | 110 |
| 2 Beds | $1,635 | $1,537 | $1,253 – $2,504 | $1 / $1 | 1,130 / 1,081 | 1 / 1 | 62 | 131 |
| 3 Beds | $2,135 | $2,145 | $1,050 – $2,977 | $1 / $1 | 1,629 / 1,429 | 20 / 1 | 26 | 63 |
| 4 Beds | $2,642 | $2,500 | $2,095 – $3,900 | $1 / $1 | 2,547 / 2,400 | 48 / 24 | 1 | 19 |
| 5 Beds | $3,314 | $3,200 | $3,125 – $3,600 | $1 / $1 | 3,257 / 3,320 | 59 / 1 | 3 | 5 |
6-Month Sales Trend
Oct 2025
Median Price:$822,640Median DOM:26New:92Total:241
Nov 2025
Median Price:$795,000Median DOM:38New:76Total:240
Dec 2025
Median Price:$775,000Median DOM:43New:62Total:215
Jan 2026
Median Price:$725,000Median DOM:30New:77Total:213
Feb 2026
Median Price:$649,900Median DOM:27New:67Total:204
Mar 2026
Median Price:$659,000Median DOM:24New:55Total:200
6-Month Rental Trend
Oct 2025
Median Rent:$1,695Median DOM:1New:191Total:300
Nov 2025
Median Rent:$1,815Median DOM:1New:170Total:252
Dec 2025
Median Rent:$1,728Median DOM:1New:130Total:245
Jan 2026
Median Rent:$1,692Median DOM:1New:216Total:279
Feb 2026
Median Rent:$1,649Median DOM:1New:228Total:318
Mar 2026
Median Rent:$1,624Median DOM:1New:138Total:332
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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