ZIP 27559 Housing Market Report
Raleigh Metro
Report period: March 2026
27559 Monthly Market Update – March 2026
ZIP 27559 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$295,000
−13.0%
Median DOM (Sales)
81
−1.2%
New Listings (Sales)
0
−100.0%
Median Rent
$1,500
0.0%
Median DOM (Rental)
21
+133.3%
Total Rental Listings
1
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Single Family (62 DOM)
- Fastest renting: Single Family (21 DOM)
- Strongest bedroom: 4 Beds ($1,275,000 median)
Sales Market Overview
Median Price
$295,000
−13.0%
Median DOM
81
−1.2%
New Listings
0
−100.0%
Inventory
24
−7.7%
- Average Price: $537,579
- Median Price: $295,000
- Price Range: $140,000 – $1,707,100
- Price per Sq Ft (Avg/Median): $343 / $290
- Square Footage (Avg/Median): 1,869 / 1,227
- Square Footage Range: 1,000 – 3,615
- Days on Market (Avg/Median): 130 / 81
- Days on Market Range: 2 – 308
- New Listings: 0
- Total Listings: 24
Sales by Property Type
Land
Avg/Median Price$431,929 / $250,000Range$140,000 – $1,707,100Price per Sq Ft—Sq Ft—DOM141 / 81New0Total14
Manufactured
Avg/Median Price$489,900 / $489,900Range$489,900 – $489,900Price per Sq Ft$399 / $399Sq Ft1,227 / 1,227DOM139 / 139New0Total1
Single Family
Avg/Median Price$707,222 / $430,000Range$186,500 – $1,500,000Price per Sq Ft$337 / $290Sq Ft1,940 / 1,395DOM112 / 62New0Total9
Sales by Bedroom Count
2 Beds
Avg:$308,250Median:$186,500Range:$186,500 – $430,000PSF:$266 / $167Sq Ft:1,148 / 1,114DOM:154 / 62New:0Total:2
3 Beds
Avg:$585,733Median:$350,000Range:$235,000 – $1,500,000PSF:$354 / $261Sq Ft:1,563 / 1,227DOM:129 / 98New:0Total:6
4 Beds
Avg:$1,362,000Median:$1,275,000Range:$1,275,000 – $1,449,000PSF:$389 / $353Sq Ft:3,508 / 3,401DOM:30 / 27New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $308,250 | $186,500 | $186,500 – $430,000 | $266 / $167 | 1,148 / 1,114 | 154 / 62 | 0 | 2 |
| 3 Beds | $585,733 | $350,000 | $235,000 – $1,500,000 | $354 / $261 | 1,563 / 1,227 | 129 / 98 | 0 | 6 |
| 4 Beds | $1,362,000 | $1,275,000 | $1,275,000 – $1,449,000 | $389 / $353 | 3,508 / 3,401 | 30 / 27 | 0 | 2 |
Rental Market Overview
Median Rent
$1,500
0.0%
Median DOM
21
+133.3%
New Listings
0
Inventory
1
0.0%
- Average Rent: $1,500
- Median Rent: $1,500
- Rent Range: $1,500 – $1,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,614 / 1,614
- Square Footage Range: 1,614 – 1,614
- Days on Market (Avg/Median): 21 / 21
- Days on Market Range: 21 – 21
- New Listings: 0
- Total Listings: 1
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,500
Median DOM: 21
Inventory: 1
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$1 / $1Sq Ft1,614 / 1,614DOM21 / 21New0Total1
Rentals by Bedroom Count
3 Beds
Avg:$1,500Median:$1,500Range:$1,500 – $1,500PSF:$1 / $1Sq Ft:1,614 / 1,614DOM:21 / 21New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,500 | $1,500 | $1,500 – $1,500 | $1 / $1 | 1,614 / 1,614 | 21 / 21 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$289,500Median DOM:113New:3Total:24
Nov 2025
Median Price:$339,000Median DOM:114New:2Total:23
Dec 2025
Median Price:$430,000Median DOM:134New:4Total:24
Jan 2026
Median Price:$430,000Median DOM:99New:3Total:23
Feb 2026
Median Price:$339,000Median DOM:82New:6Total:26
Mar 2026
Median Price:$295,000Median DOM:81New:0Total:24
6-Month Rental Trend
Oct 2025
Median Rent:$1,900Median DOM:39New:1Total:3
Nov 2025
Median Rent:$1,900Median DOM:54New:0Total:3
Dec 2025
Median Rent:$1,900Median DOM:54New:1Total:3
Jan 2026
Median Rent:$2,200Median DOM:1New:0Total:1
Feb 2026
Median Rent:$1,500Median DOM:9New:1Total:1
Mar 2026
Median Rent:$1,500Median DOM:21New:0Total:1
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.
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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