ZIP 27524 Housing Market Report
Raleigh Metro
Report period: March 2026
27524 Monthly Market Update – March 2026
ZIP 27524 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$314,900
−1.6%
Median DOM (Sales)
80
−14.0%
New Listings (Sales)
20
−9.1%
Median Rent
$1,950
+5.4%
Median DOM (Rental)
21
−71.6%
Total Rental Listings
13
+8.3%
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: Manufactured (49 DOM)
- Fastest renting: Townhouse (14 DOM)
- Strongest bedroom: 5 Beds ($500,000 median)
Sales Market Overview
Median Price
$314,900
−1.6%
Median DOM
80
−14.0%
New Listings
20
−9.1%
Inventory
176
+5.4%
- Average Price: $379,359
- Median Price: $314,900
- Price Range: $60,000 – $2,200,000
- Price per Sq Ft (Avg/Median): $193 / $191
- Square Footage (Avg/Median): 1,855 / 1,693
- Square Footage Range: 700 – 4,800
- Days on Market (Avg/Median): 103 / 80
- Days on Market Range: 2 – 353
- New Listings: 20
- Total Listings: 176
Sales by Property Type
Land
Avg/Median Price$537,077 / $245,000Range$60,000 – $2,200,000Price per Sq Ft—Sq Ft—DOM136 / 115New0Total26
Manufactured
Avg/Median Price$244,750 / $239,000Range$155,000 – $290,000Price per Sq Ft$159 / $144Sq Ft1,627 / 1,683DOM55 / 49New2Total8
Multi-Family
Avg/Median Price$225,000 / $225,000Range$225,000 – $225,000Price per Sq Ft$321 / $321Sq Ft700 / 700DOM—New0Total1
Single Family
Avg/Median Price$363,934 / $330,230Range$100,000 – $850,000Price per Sq Ft$194 / $192Sq Ft1,899 / 1,721DOM94 / 63New18Total135
Townhouse
Avg/Median Price$248,183 / $243,900Range$239,900 – $259,999Price per Sq Ft$184 / $183Sq Ft1,372 / 1,314DOM227 / 241New0Total6
Sales by Bedroom Count
2 Beds
Avg:$203,200Median:$189,500Range:$120,000 – $325,000PSF:$200 / $168Sq Ft:1,058 / 920DOM:59 / 64New:3Total:7
3 Beds
Avg:$319,580Median:$304,900Range:$100,000 – $650,000PSF:$195 / $194Sq Ft:1,660 / 1,606DOM:109 / 80New:9Total:106
4 Beds
Avg:$471,729Median:$372,900Range:$284,999 – $850,000PSF:$185 / $174Sq Ft:2,535 / 2,433DOM:80 / 50New:6Total:32
5 Beds
Avg:$482,003Median:$500,000Range:$329,900 – $636,970PSF:$172 / $170Sq Ft:2,759 / 2,938DOM:30 / 34New:2Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $203,200 | $189,500 | $120,000 – $325,000 | $200 / $168 | 1,058 / 920 | 59 / 64 | 3 | 7 |
| 3 Beds | $319,580 | $304,900 | $100,000 – $650,000 | $195 / $194 | 1,660 / 1,606 | 109 / 80 | 9 | 106 |
| 4 Beds | $471,729 | $372,900 | $284,999 – $850,000 | $185 / $174 | 2,535 / 2,433 | 80 / 50 | 6 | 32 |
| 5 Beds | $482,003 | $500,000 | $329,900 – $636,970 | $172 / $170 | 2,759 / 2,938 | 30 / 34 | 2 | 5 |
Rental Market Overview
Median Rent
$1,950
+5.4%
Median DOM
21
−71.6%
New Listings
4
Inventory
13
+8.3%
- Average Rent: $1,930
- Median Rent: $1,950
- Rent Range: $1,400 – $2,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,650 / 1,577
- Square Footage Range: 1,200 – 2,300
- Days on Market (Avg/Median): 72 / 21
- Days on Market Range: 1 – 235
- New Listings: 4
- Total Listings: 13
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: +5.4%
Condo
—
Median DOM: —
Inventory: —
MoM: +5.4%
Single Family
$1,950
Median DOM: 24
Inventory: 12
MoM: +5.4%
Townhouse
$1,895
Median DOM: 14
Inventory: 1
MoM: +5.4%
Single Family
Avg/Median Rent$1,933 / $1,950Range$1,400 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,678 / 1,577DOM77 / 24New4Total12
Townhouse
Avg/Median Rent$1,895 / $1,895Range$1,895 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,314 / 1,314DOM14 / 14New0Total1
Rentals by Bedroom Count
3 Beds
Avg:$1,930Median:$1,950Range:$1,400 – $2,500PSF:$1 / $1Sq Ft:1,650 / 1,577DOM:72 / 21New:4Total:13
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,930 | $1,950 | $1,400 – $2,500 | $1 / $1 | 1,650 / 1,577 | 72 / 21 | 4 | 13 |
6-Month Sales Trend
Oct 2025
Median Price:$339,500Median DOM:68New:38Total:174
Nov 2025
Median Price:$334,900Median DOM:65New:28Total:181
Dec 2025
Median Price:$334,900Median DOM:77New:22Total:184
Jan 2026
Median Price:$312,490Median DOM:81New:34Total:187
Feb 2026
Median Price:$320,000Median DOM:93New:22Total:167
Mar 2026
Median Price:$314,900Median DOM:80New:20Total:176
6-Month Rental Trend
Oct 2025
Median Rent:$1,710Median DOM:32New:7Total:25
Nov 2025
Median Rent:$1,650Median DOM:42New:3Total:24
Dec 2025
Median Rent:$1,620Median DOM:66New:0Total:18
Jan 2026
Median Rent:$1,620Median DOM:77New:1Total:14
Feb 2026
Median Rent:$1,850Median DOM:74New:3Total:12
Mar 2026
Median Rent:$1,950Median DOM:21New:4Total:13
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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