ZIP 27344 Housing Market Report
Raleigh Metro
Report period: August 2026
27344 Monthly Market Update – August 2026
ZIP 27344 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$264,900
−1.2%
Median DOM (Sales)
76
+4.1%
New Listings (Sales)
9
−52.6%
Median Rent
$1,200
0.0%
Median DOM (Rental)
55
+17.0%
Total Rental Listings
22
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable.
What's Moving Fastest
- Fastest selling: Townhouse (5 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,650,000 median)
Sales Market Overview
Median Price
$264,900
−1.2%
Median DOM
76
+4.1%
New Listings
9
−52.6%
Inventory
107
+2.9%
- Average Price: $475,171
- Median Price: $264,900
- Price Range: $25,000 – $2,799,000
- Price per Sq Ft (Avg/Median): $249 / $203
- Square Footage (Avg/Median): 2,226 / 1,877
- Square Footage Range: 490 – 6,221
- Days on Market (Avg/Median): 99 / 76
- Days on Market Range: 3 – 363
- New Listings: 9
- Total Listings: 107
Sales by Property Type
Land
Avg/Median Price$392,354 / $135,000Range$25,000 – $2,450,000Price per Sq Ft—Sq Ft—DOM136 / 121New4Total57
Manufactured
Avg/Median Price$225,000 / $200,000Range$200,000 – $250,000Price per Sq Ft$147 / $119Sq Ft1,622 / 1,144DOM34 / 31New0Total2
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$611,070 / $415,000Range$139,900 – $2,799,000Price per Sq Ft$262 / $207Sq Ft2,285 / 1,885DOM64 / 41New5Total44
Townhouse
Avg/Median Price$312,000 / $305,000Range$305,000 – $319,000Price per Sq Ft$188 / $187Sq Ft1,662 / 1,619DOM13 / 5New0Total2
Sales by Bedroom Count
1 Beds
Avg:$139,900Median:$139,900Range:$139,900 – $139,900PSF:$286 / $286Sq Ft:490 / 490DOM:41 / 41New:0Total:1
2 Beds
Avg:$656,475Median:$229,900Range:$175,000 – $1,496,000PSF:$549 / $385Sq Ft:1,498 / 1,392DOM:28 / 26New:0Total:4
3 Beds
Avg:$431,956Median:$329,000Range:$179,900 – $1,000,000PSF:$214 / $192Sq Ft:1,998 / 1,686DOM:63 / 36New:3Total:34
4 Beds
Avg:$634,725Median:$495,000Range:$249,900 – $1,450,000PSF:$244 / $164Sq Ft:2,528 / 2,405DOM:77 / 26New:2Total:8
5 Beds
Avg:$1,983,000Median:$2,650,000Range:$499,999 – $2,799,000PSF:$339 / $426Sq Ft:5,323 / 6,221DOM:49 / 22New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $139,900 | $139,900 | $139,900 – $139,900 | $286 / $286 | 490 / 490 | 41 / 41 | 0 | 1 |
| 2 Beds | $656,475 | $229,900 | $175,000 – $1,496,000 | $549 / $385 | 1,498 / 1,392 | 28 / 26 | 0 | 4 |
| 3 Beds | $431,956 | $329,000 | $179,900 – $1,000,000 | $214 / $192 | 1,998 / 1,686 | 63 / 36 | 3 | 34 |
| 4 Beds | $634,725 | $495,000 | $249,900 – $1,450,000 | $244 / $164 | 2,528 / 2,405 | 77 / 26 | 2 | 8 |
| 5 Beds | $1,983,000 | $2,650,000 | $499,999 – $2,799,000 | $339 / $426 | 5,323 / 6,221 | 49 / 22 | 0 | 3 |
Rental Market Overview
Median Rent
$1,200
0.0%
Median DOM
55
+17.0%
New Listings
2
Inventory
22
0.0%
- Average Rent: $1,214
- Median Rent: $1,200
- Rent Range: $400 – $3,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,003 / 850
- Square Footage Range: 416 – 3,242
- Days on Market (Avg/Median): 49 / 55
- Days on Market Range: 1 – 152
- New Listings: 2
- Total Listings: 22
Rentals by Property Type
Apartment
$1,200
Median DOM: 60
Inventory: 11
MoM: 0.0%
Condo
$975
Median DOM: 1
Inventory: 3
MoM: 0.0%
Single Family
$1,250
Median DOM: 1
Inventory: 7
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,134 / $1,200Range$900 – $1,250Rent per Sq Ft$1 / $1Sq Ft927 / 925DOM70 / 60New0Total11
Condo
Avg/Median Rent$1,033 / $975Range$975 – $1,150Rent per Sq Ft$1 / $1Sq Ft817 / 725DOM1 / 1New1Total3
Manufactured
Avg/Median Rent$400 / $400Range$400 – $400Rent per Sq Ft—Sq Ft—DOM109 / 109New0Total1
Single Family
Avg/Median Rent$1,535 / $1,250Range$650 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,196 / 828DOM32 / 1New1Total7
Rentals by Bedroom Count
1 Beds
Avg:$1,102Median:$1,200Range:$650 – $1,250PSF:$1 / $1Sq Ft:805 / 850DOM:72 / 60New:1Total:10
2 Beds
Avg:$1,100Median:$1,150Range:$400 – $1,600PSF:$1 / $1Sq Ft:809 / 828DOM:34 / 1New:1Total:8
3 Beds
Avg:$1,131Median:$1,095Range:$900 – $1,399PSF:$1 / $1Sq Ft:1,103 / 1,150DOM:31 / 16New:0Total:3
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 | $1,102 | $1,200 | $650 – $1,250 | $1 / $1 | 805 / 850 | 72 / 60 | 1 | 10 |
| 2 Beds | $1,100 | $1,150 | $400 – $1,600 | $1 / $1 | 809 / 828 | 34 / 1 | 1 | 8 |
| 3 Beds | $1,131 | $1,095 | $900 – $1,399 | $1 / $1 | 1,103 / 1,150 | 31 / 16 | 0 | 3 |
| 4 Beds | $3,500 | $3,500 | $3,500 – $3,500 | $1 / $1 | 3,242 / 3,242 | — | 0 | 1 |
6-Month Sales Trend
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:$268,000Median DOM:73New:19Total:104
Aug 2026
Median Price:$264,900Median DOM:76New:9Total:107
6-Month Rental Trend
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:47New:4Total:22
Aug 2026
Median Rent:$1,200Median DOM:55New:2Total:22
Key Market Takeaways
Median sale prices softened this month while inventory expanded. 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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