ZIP 27557 Housing Market Report

Raleigh Metro

Report period: March 2026

27557 Monthly Market Update – March 2026

ZIP 27557 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$353,900
+2.6%
Median DOM (Sales)
43
−15.7%
New Listings (Sales)
7
−58.8%
Median Rent
$1,300
0.0%
Median DOM (Rental)
12
−57.1%
Total Rental Listings
5
+66.7%

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: Manufactured (5 DOM)
  • Fastest renting: Single Family (12 DOM)
  • Strongest bedroom: 5 Beds ($450,000 median)

Sales Market Overview

Median Price
$353,900
+2.6%
Median DOM
43
−15.7%
New Listings
7
−58.8%
Inventory
103
−1.0%
  • Average Price: $416,907
  • Median Price: $353,900
  • Price Range: $115,000 – $2,197,880
  • Price per Sq Ft (Avg/Median): $195 / $195
  • Square Footage (Avg/Median): 1,982 / 1,871
  • Square Footage Range: 1,000 – 4,986
  • Days on Market (Avg/Median): 72 / 43
  • Days on Market Range: 2 – 345
  • New Listings: 7
  • Total Listings: 103

Sales by Property Type

Land
Avg/Median Price$726,964 / $265,000Range$150,000 – $2,197,880Price per Sq FtSq FtDOM37 / 30New1Total9
Manufactured
Avg/Median Price$241,000 / $249,000Range$200,000 – $265,000Price per Sq Ft$159 / $154Sq Ft1,564 / 1,515DOM5 / 5New1Total4
Single Family
Avg/Median Price$393,720 / $359,900Range$115,000 – $1,190,000Price per Sq Ft$197 / $196Sq Ft2,001 / 1,871DOM79 / 53New5Total90

Sales by Bedroom Count

2 Beds
Avg:$211,633Median:$214,900Range:$195,000 – $225,000PSF:$157 / $177Sq Ft:1,505 / 1,214DOM:112 / 62New:0Total:3
3 Beds
Avg:$358,513Median:$344,900Range:$115,000 – $1,000,000PSF:$202 / $201Sq Ft:1,769 / 1,707DOM:77 / 54New:5Total:58
4 Beds
Avg:$453,754Median:$380,900Range:$265,000 – $1,190,000PSF:$186 / $172Sq Ft:2,397 / 2,260DOM:70 / 36New:1Total:32
5 Beds
Avg:$450,000Median:$450,000Range:$450,000 – $450,000PSF:$181 / $181Sq Ft:2,480 / 2,480DOM:42 / 42New:0Total:1

Rental Market Overview

Median Rent
$1,300
0.0%
Median DOM
12
−57.1%
New Listings
3
Inventory
5
+66.7%
  • Average Rent: $1,439
  • Median Rent: $1,300
  • Rent Range: $1,100 – $2,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,320 / 920
  • Square Footage Range: 920 – 2,082
  • Days on Market (Avg/Median): 28 / 12
  • Days on Market Range: 1 – 88
  • New Listings: 3
  • Total Listings: 5

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,300
Median DOM: 12
Inventory: 5
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$1,439 / $1,300Range$1,100 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,320 / 920DOM28 / 12New3Total5

Rentals by Bedroom Count

2 Beds
Avg:$1,695Median:$1,695Range:$1,695 – $1,695PSF:$1 / $1Sq Ft:1,360 / 1,360DOM:9 / 9New:1Total:1
3 Beds
Avg:$1,375Median:$1,100Range:$1,100 – $2,000PSF:$1 / $1Sq Ft:1,307 / 920DOM:32 / 12New:2Total:4

6-Month Sales Trend

Oct 2025
Median Price:$333,225Median DOM:69New:22Total:97
Nov 2025
Median Price:$345,000Median DOM:65New:16Total:105
Dec 2025
Median Price:$353,900Median DOM:76New:17Total:97
Jan 2026
Median Price:$345,000Median DOM:48New:32Total:106
Feb 2026
Median Price:$345,000Median DOM:51New:17Total:104
Mar 2026
Median Price:$353,900Median DOM:43New:7Total:103

6-Month Rental Trend

Oct 2025
Median Rent:$1,800Median DOM:14New:0Total:7
Nov 2025
Median Rent:$1,749Median DOM:14New:2Total:7
Dec 2025
Median Rent:$1,875Median DOM:61New:0Total:4
Jan 2026
Median Rent:$1,875Median DOM:5New:1Total:3
Feb 2026
Median Rent:$1,300Median DOM:28New:1Total:3
Mar 2026
Median Rent:$1,300Median DOM:12New:3Total:5

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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