ZIP 27243 Housing Market Report

Raleigh Metro

Report period: July 2026

27243 Monthly Market Update – July 2026

ZIP 27243 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$380,000
0.0%
Median DOM (Sales)
74
+15.6%
New Listings (Sales)
2
−71.4%
Median Rent
$1,750
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
2
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable.

What's Moving Fastest

  • Fastest selling: Manufactured (18 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 4 Beds ($949,900 median)

Sales Market Overview

Median Price
$380,000
0.0%
Median DOM
74
+15.6%
New Listings
2
−71.4%
Inventory
37
0.0%
  • Average Price: $484,224
  • Median Price: $380,000
  • Price Range: $50,000 – $1,217,285
  • Price per Sq Ft (Avg/Median): $246 / $251
  • Square Footage (Avg/Median): 2,382 / 1,821
  • Square Footage Range: 1,056 – 5,806
  • Days on Market (Avg/Median): 79 / 74
  • Days on Market Range: 2 – 242
  • New Listings: 2
  • Total Listings: 37

Sales by Property Type

Land
Avg/Median Price$340,727 / $230,000Range$50,000 – $1,200,000Price per Sq FtSq FtDOM100 / 89New1Total15
Manufactured
Avg/Median Price$240,000 / $155,000Range$155,000 – $325,000Price per Sq Ft$147 / $119Sq Ft1,575 / 1,302DOM20 / 18New0Total2
Single Family
Avg/Median Price$616,269 / $550,000Range$249,900 – $1,217,285Price per Sq Ft$256 / $252Sq Ft2,463 / 1,821DOM71 / 58New1Total20

Sales by Bedroom Count

2 Beds
Avg:$550,000Median:$550,000Range:$550,000 – $550,000PSF:$312 / $312Sq Ft:1,764 / 1,764DOM:85 / 85New:0Total:1
3 Beds
Avg:$426,124Median:$355,000Range:$155,000 – $771,000PSF:$244 / $244Sq Ft:1,692 / 1,641DOM:54 / 27New:1Total:14
4 Beds
Avg:$841,040Median:$949,900Range:$455,000 – $999,760PSF:$259 / $258Sq Ft:3,254 / 3,601DOM:52 / 35New:0Total:4
5 Beds
Avg:$975,162Median:$899,900Range:$808,300 – $1,217,285PSF:$218 / $248Sq Ft:4,647 / 4,905DOM:173 / 128New:0Total:3

Rental Market Overview

Median Rent
$1,750
0.0%
Median DOM
1
0.0%
New Listings
1
Inventory
2
0.0%
  • Average Rent: $1,975
  • Median Rent: $1,750
  • Rent Range: $1,750 – $2,200
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,543 / 1,163
  • Square Footage Range: 1,163 – 1,923
  • Days on Market (Avg/Median): 1 / 1
  • Days on Market Range: 1 – 1
  • New Listings: 1
  • Total Listings: 2

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,750
Median DOM: 1
Inventory: 2
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$1,975 / $1,750Range$1,750 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,543 / 1,163DOM1 / 1New1Total2

Rentals by Bedroom Count

3 Beds
Avg:$2,200Median:$2,200Range:$2,200 – $2,200PSF:$1 / $1Sq Ft:1,923 / 1,923DOM:1 / 1New:0Total:1
4 Beds
Avg:$1,750Median:$1,750Range:$1,750 – $1,750PSF:$2 / $2Sq Ft:1,163 / 1,163DOM:1 / 1New:1Total:1

6-Month Sales Trend

Feb 2026
Median Price:$380,000Median DOM:43New:13Total:43
Mar 2026
Median Price:$350,000Median DOM:42New:9Total:44
Apr 2026
Median Price:$350,000Median DOM:43New:12Total:47
May 2026
Median Price:$350,000Median DOM:38New:8Total:44
Jun 2026
Median Price:$380,000Median DOM:64New:7Total:37
Jul 2026
Median Price:$380,000Median DOM:74New:2Total:37

6-Month Rental Trend

Feb 2026
Median Rent:$2,100Median DOM:39New:1Total:3
Mar 2026
Median Rent:$1,900Median DOM:39New:1Total:4
Apr 2026
Median Rent:$1,900Median DOM:1New:1Total:4
May 2026
Median Rent:$1,900Median DOM:1New:2Total:3
Jun 2026
Median Rent:$1,750Median DOM:1New:2Total:2
Jul 2026
Median Rent:$1,750Median DOM:1New:1Total:2

Key Market Takeaways

Median sale prices held steady this month while inventory remained stable. Days on market lengthened, signaling slower 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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