ZIP 27243 Housing Market Report
Raleigh Metro
Report period: May 2026
27243 Monthly Market Update – May 2026
ZIP 27243 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$350,000
0.0%
Median DOM (Sales)
42
−2.3%
New Listings (Sales)
2
−83.3%
Median Rent
$1,900
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
4
0.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Manufactured (14 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($910,390 median)
Sales Market Overview
Median Price
$350,000
0.0%
Median DOM
42
−2.3%
New Listings
2
−83.3%
Inventory
45
−4.3%
- Average Price: $500,272
- Median Price: $350,000
- Price Range: $20,000 – $1,999,999
- Price per Sq Ft (Avg/Median): $244 / $230
- Square Footage (Avg/Median): 2,547 / 2,020
- Square Footage Range: 1,056 – 7,351
- Days on Market (Avg/Median): 59 / 42
- Days on Market Range: 3 – 184
- New Listings: 2
- Total Listings: 45
Sales by Property Type
Land
Avg/Median Price$321,405 / $230,000Range$20,000 – $1,200,000Price per Sq Ft—Sq Ft—DOM78 / 49New0Total19
Manufactured
Avg/Median Price$196,200 / $150,000Range$114,900 – $299,900Price per Sq Ft$139 / $131Sq Ft1,418 / 1,080DOM32 / 14New0Total4
Single Family
Avg/Median Price$710,033 / $685,000Range$175,000 – $1,999,999Price per Sq Ft$263 / $252Sq Ft2,752 / 2,197DOM50 / 24New2Total22
Sales by Bedroom Count
2 Beds
Avg:$575,000Median:$575,000Range:$575,000 – $575,000PSF:$326 / $326Sq Ft:1,764 / 1,764DOM:25 / 25New:0Total:1
3 Beds
Avg:$442,787Median:$355,000Range:$114,900 – $1,124,000PSF:$244 / $210Sq Ft:1,718 / 1,694DOM:35 / 14New:1Total:15
4 Beds
Avg:$916,055Median:$810,880Range:$299,900 – $1,999,999PSF:$239 / $253Sq Ft:3,695 / 3,261DOM:68 / 62New:1Total:8
5 Beds
Avg:$930,145Median:$910,390Range:$910,390 – $949,900PSF:$219 / $164Sq Ft:4,562 / 3,317DOM:68 / 68New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $575,000 | $575,000 | $575,000 – $575,000 | $326 / $326 | 1,764 / 1,764 | 25 / 25 | 0 | 1 |
| 3 Beds | $442,787 | $355,000 | $114,900 – $1,124,000 | $244 / $210 | 1,718 / 1,694 | 35 / 14 | 1 | 15 |
| 4 Beds | $916,055 | $810,880 | $299,900 – $1,999,999 | $239 / $253 | 3,695 / 3,261 | 68 / 62 | 1 | 8 |
| 5 Beds | $930,145 | $910,390 | $910,390 – $949,900 | $219 / $164 | 4,562 / 3,317 | 68 / 68 | 0 | 2 |
Rental Market Overview
Median Rent
$1,900
0.0%
Median DOM
1
0.0%
New Listings
2
Inventory
4
0.0%
- Average Rent: $1,961
- Median Rent: $1,900
- Rent Range: $1,750 – $2,200
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,677 / 1,923
- Square Footage Range: 1,163 – 1,944
- Days on Market (Avg/Median): 55 / 1
- Days on Market Range: 1 – 147
- New Listings: 2
- Total Listings: 4
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,900
Median DOM: 1
Inventory: 4
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
Avg/Median Rent$1,961 / $1,900Range$1,750 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,677 / 1,923DOM55 / 1New2Total4
Rentals by Bedroom Count
2 Beds
Avg:$1,900Median:$1,900Range:$1,900 – $1,900PSF:—Sq Ft:—DOM:71 / 71New:0Total:1
3 Beds
Avg:$2,098Median:$1,995Range:$1,995 – $2,200PSF:$1 / $1Sq Ft:1,934 / 1,923DOM:74 / 1New:1Total:2
4 Beds
Avg:$1,750Median:$1,750Range:$1,750 – $1,750PSF:$2 / $2Sq 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 |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,900 | $1,900 | $1,900 – $1,900 | — | — | 71 / 71 | 0 | 1 |
| 3 Beds | $2,098 | $1,995 | $1,995 – $2,200 | $1 / $1 | 1,934 / 1,923 | 74 / 1 | 1 | 2 |
| 4 Beds | $1,750 | $1,750 | $1,750 – $1,750 | $2 / $2 | 1,163 / 1,163 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$349,900Median DOM:53New:4Total:40
Jan 2026
Median Price:$569,000Median DOM:73New:4Total:36
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:42New:2Total:45
6-Month Rental Trend
Dec 2025
Median Rent:$2,100Median DOM:1New:1Total:4
Jan 2026
Median Rent:$2,100Median DOM:20New:1Total:2
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:4
Key Market Takeaways
Median sale prices held steady 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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