ZIP 27243 Housing Market Report
Raleigh Metro
Report period: August 2026
27243 Monthly Market Update – August 2026
ZIP 27243 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$380,000
−5.0%
Median DOM (Sales)
66
−16.5%
New Listings (Sales)
3
−25.0%
Median Rent
$1,700
−2.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1
−50.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
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
−5.0%
Median DOM
66
−16.5%
New Listings
3
−25.0%
Inventory
38
+15.2%
- Average Price: $498,922
- Median Price: $380,000
- Price Range: $50,000 – $1,239,000
- Price per Sq Ft (Avg/Median): $256 / $253
- Square Footage (Avg/Median): 2,421 / 1,920
- Square Footage Range: 1,056 – 5,806
- Days on Market (Avg/Median): 74 / 66
- Days on Market Range: 2 – 273
- New Listings: 3
- Total Listings: 38
Sales by Property Type
Land
Avg/Median Price$278,000 / $185,000Range$50,000 – $1,200,000Price per Sq Ft—Sq Ft—DOM98 / 105New0Total13
Manufactured
Avg/Median Price$235,000 / $155,000Range$155,000 – $315,000Price per Sq Ft$145 / $119Sq Ft1,575 / 1,302DOM36 / 18New0Total2
Single Family
Avg/Median Price$646,741 / $598,000Range$220,000 – $1,239,000Price per Sq Ft$265 / $255Sq Ft2,495 / 1,987DOM65 / 35New3Total23
Sales by Bedroom Count
2 Beds
Avg:$550,000Median:$550,000Range:$550,000 – $550,000PSF:$312 / $312Sq Ft:1,764 / 1,764DOM:116 / 116New:0Total:1
3 Beds
Avg:$425,100Median:$315,000Range:$155,000 – $759,000PSF:$254 / $252Sq Ft:1,637 / 1,302DOM:45 / 25New:1Total:14
4 Beds
Avg:$845,527Median:$949,900Range:$445,000 – $1,239,000PSF:$269 / $255Sq Ft:3,101 / 3,601DOM:57 / 47New:1Total:6
5 Beds
Avg:$942,621Median:$845,000Range:$808,300 – $1,217,285PSF:$227 / $248Sq Ft:4,311 / 3,303DOM:138 / 159New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $550,000 | $550,000 | $550,000 – $550,000 | $312 / $312 | 1,764 / 1,764 | 116 / 116 | 0 | 1 |
| 3 Beds | $425,100 | $315,000 | $155,000 – $759,000 | $254 / $252 | 1,637 / 1,302 | 45 / 25 | 1 | 14 |
| 4 Beds | $845,527 | $949,900 | $445,000 – $1,239,000 | $269 / $255 | 3,101 / 3,601 | 57 / 47 | 1 | 6 |
| 5 Beds | $942,621 | $845,000 | $808,300 – $1,217,285 | $227 / $248 | 4,311 / 3,303 | 138 / 159 | 1 | 4 |
Rental Market Overview
Median Rent
$1,700
−2.9%
Median DOM
1
0.0%
New Listings
1
Inventory
1
−50.0%
- Average Rent: $1,700
- Median Rent: $1,700
- Rent Range: $1,700 – $1,700
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,163 / 1,163
- Square Footage Range: 1,163 – 1,163
- Days on Market (Avg/Median): 1 / 1
- Days on Market Range: 1 – 1
- New Listings: 1
- Total Listings: 1
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: −2.9%
Condo
—
Median DOM: —
Inventory: —
MoM: −2.9%
Single Family
$1,700
Median DOM: 1
Inventory: 1
MoM: −2.9%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −2.9%
Single Family
Avg/Median Rent$1,700 / $1,700Range$1,700 – $1,700Rent per Sq Ft$1 / $1Sq Ft1,163 / 1,163DOM1 / 1New1Total1
Rentals by Bedroom Count
4 Beds
Avg:$1,700Median:$1,700Range:$1,700 – $1,700PSF:$1 / $1Sq Ft:1,163 / 1,163DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 4 Beds | $1,700 | $1,700 | $1,700 – $1,700 | $1 / $1 | 1,163 / 1,163 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
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:$400,000Median DOM:79New:4Total:33
Aug 2026
Median Price:$380,000Median DOM:66New:3Total:38
6-Month Rental Trend
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
Aug 2026
Median Rent:$1,700Median DOM:1New:1Total:1
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory tightened.
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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