ZIP 27344 Housing Market Report
Raleigh Metro
Report period: July 2026
27344 Monthly Market Update – July 2026
ZIP 27344 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$279,000
−0.4%
Median DOM (Sales)
80
+11.1%
New Listings (Sales)
4
−71.4%
Median Rent
$1,200
0.0%
Median DOM (Rental)
30
+87.5%
Total Rental Listings
21
−4.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (5 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 2 Beds ($589,000 median)
Sales Market Overview
Median Price
$279,000
−0.4%
Median DOM
80
+11.1%
New Listings
4
−71.4%
Inventory
97
−2.0%
- Average Price: $451,887
- Median Price: $279,000
- Price Range: $25,000 – $2,400,000
- Price per Sq Ft (Avg/Median): $250 / $204
- Square Footage (Avg/Median): 2,191 / 1,885
- Square Footage Range: 490 – 6,221
- Days on Market (Avg/Median): 99 / 80
- Days on Market Range: 2 – 363
- New Listings: 4
- Total Listings: 97
Sales by Property Type
Land
Avg/Median Price$395,998 / $135,000Range$25,000 – $2,400,000Price per Sq Ft—Sq Ft—DOM138 / 118New1Total52
Manufactured
Avg/Median Price$210,000 / $200,000Range$200,000 – $220,000Price per Sq Ft$163 / $151Sq Ft1,300 / 1,144DOM50 / 36New0Total2
Multi-Family
Avg/Median Price$259,000 / $259,000Range$259,000 – $259,000Price per Sq Ft$123 / $108Sq Ft2,142 / 1,877DOM92 / 8New0Total2
Single Family
Avg/Median Price$549,955 / $495,000Range$139,900 – $1,599,000Price per Sq Ft$263 / $223Sq Ft2,254 / 1,910DOM62 / 44New3Total40
Townhouse
Avg/Median Price$305,000 / $305,000Range$305,000 – $305,000Price per Sq Ft$188 / $188Sq Ft1,619 / 1,619DOM5 / 5New0Total1
Sales by Bedroom Count
1 Beds
Avg:$174,950Median:$139,900Range:$139,900 – $210,000PSF:$268 / $251Sq Ft:663 / 490DOM:7 / 3New:0Total:2
2 Beds
Avg:$642,980Median:$589,000Range:$175,000 – $1,496,000PSF:$502 / $360Sq Ft:1,533 / 1,392DOM:30 / 26New:0Total:5
3 Beds
Avg:$492,470Median:$415,000Range:$200,000 – $1,000,000PSF:$233 / $204Sq Ft:2,120 / 1,876DOM:63 / 46New:1Total:27
4 Beds
Avg:$475,633Median:$350,000Range:$259,000 – $892,000PSF:$196 / $139Sq Ft:2,438 / 2,405DOM:84 / 67New:2Total:9
5 Beds
Avg:$1,049,500Median:$499,999Range:$499,999 – $1,599,000PSF:$199 / $142Sq Ft:4,874 / 3,527DOM:66 / 66New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $174,950 | $139,900 | $139,900 – $210,000 | $268 / $251 | 663 / 490 | 7 / 3 | 0 | 2 |
| 2 Beds | $642,980 | $589,000 | $175,000 – $1,496,000 | $502 / $360 | 1,533 / 1,392 | 30 / 26 | 0 | 5 |
| 3 Beds | $492,470 | $415,000 | $200,000 – $1,000,000 | $233 / $204 | 2,120 / 1,876 | 63 / 46 | 1 | 27 |
| 4 Beds | $475,633 | $350,000 | $259,000 – $892,000 | $196 / $139 | 2,438 / 2,405 | 84 / 67 | 2 | 9 |
| 5 Beds | $1,049,500 | $499,999 | $499,999 – $1,599,000 | $199 / $142 | 4,874 / 3,527 | 66 / 66 | 0 | 2 |
Rental Market Overview
Median Rent
$1,200
0.0%
Median DOM
30
+87.5%
New Listings
3
Inventory
21
−4.5%
- Average Rent: $1,255
- Median Rent: $1,200
- Rent Range: $400 – $3,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,038 / 925
- Square Footage Range: 416 – 3,242
- Days on Market (Avg/Median): 39 / 30
- Days on Market Range: 1 – 122
- New Listings: 3
- Total Listings: 21
Rentals by Property Type
Apartment
$1,200
Median DOM: 41
Inventory: 11
MoM: 0.0%
Condo
$1,150
Median DOM: 1
Inventory: 1
MoM: 0.0%
Single Family
$1,249
Median DOM: 1
Inventory: 8
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,202 / $1,200Range$900 – $1,800Rent per Sq Ft$1 / $1Sq Ft950 / 925DOM49 / 41New0Total11
Condo
Avg/Median Rent$1,150 / $1,150Range$1,150 – $1,150Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM1 / 1New1Total1
Manufactured
Avg/Median Rent$400 / $400Range$400 – $400Rent per Sq Ft—Sq Ft—DOM79 / 79New0Total1
Single Family
Avg/Median Rent$1,447 / $1,249Range$650 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,132 / 828DOM27 / 1New2Total8
Rentals by Bedroom Count
1 Beds
Avg:$1,191Median:$1,200Range:$650 – $1,800PSF:$1 / $1Sq Ft:855 / 925DOM:64 / 47New:0Total:8
2 Beds
Avg:$1,131Median:$1,150Range:$400 – $1,600PSF:$2 / $2Sq Ft:811 / 828DOM:31 / 1New:3Total:8
3 Beds
Avg:$1,068Median:$900Range:$880 – $1,399PSF:$1 / $1Sq Ft:1,115 / 1,150DOM:18 / 10New:0Total:4
4 Beds
Avg:$3,500Median:$3,500Range:$3,500 – $3,500PSF:$1 / $1Sq Ft:3,242 / 3,242DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,191 | $1,200 | $650 – $1,800 | $1 / $1 | 855 / 925 | 64 / 47 | 0 | 8 |
| 2 Beds | $1,131 | $1,150 | $400 – $1,600 | $2 / $2 | 811 / 828 | 31 / 1 | 3 | 8 |
| 3 Beds | $1,068 | $900 | $880 – $1,399 | $1 / $1 | 1,115 / 1,150 | 18 / 10 | 0 | 4 |
| 4 Beds | $3,500 | $3,500 | $3,500 – $3,500 | $1 / $1 | 3,242 / 3,242 | — | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$330,000Median DOM:109New:14Total:88
Mar 2026
Median Price:$279,000Median DOM:61New:19Total:92
Apr 2026
Median Price:$279,000Median DOM:57New:19Total:97
May 2026
Median Price:$273,000Median DOM:52New:17Total:101
Jun 2026
Median Price:$280,000Median DOM:72New:14Total:99
Jul 2026
Median Price:$279,000Median DOM:80New:4Total:97
6-Month Rental Trend
Feb 2026
Median Rent:$1,200Median DOM:1New:9Total:15
Mar 2026
Median Rent:$1,275Median DOM:1New:12Total:18
Apr 2026
Median Rent:$1,200Median DOM:2New:14Total:28
May 2026
Median Rent:$1,200Median DOM:6New:7Total:21
Jun 2026
Median Rent:$1,200Median DOM:16New:10Total:22
Jul 2026
Median Rent:$1,200Median DOM:30New:3Total:21
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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