ZIP 27591 Housing Market Report
Raleigh Metro
Report period: March 2026
27591 Monthly Market Update – March 2026
ZIP 27591 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$389,990
−0.1%
Median DOM (Sales)
14
−17.6%
New Listings (Sales)
176
−32.8%
Median Rent
$1,738
+1.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
241
+2.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Apartment (2 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($434,900 median)
Sales Market Overview
Median Price
$389,990
−0.1%
Median DOM
14
−17.6%
New Listings
176
−32.8%
Inventory
582
+2.5%
- Average Price: $446,903
- Median Price: $389,990
- Price Range: $65,000 – $3,995,000
- Price per Sq Ft (Avg/Median): $203 / $196
- Square Footage (Avg/Median): 2,157 / 2,134
- Square Footage Range: 480 – 4,363
- Days on Market (Avg/Median): 45 / 14
- Days on Market Range: 1 – 359
- New Listings: 176
- Total Listings: 582
Sales by Property Type
Apartment
Avg/Median Price$509,000 / $509,000Range$509,000 – $509,000Price per Sq Ft$263 / $263Sq Ft1,932 / 1,932DOM2 / 2New0Total1
Condo
Avg/Median Price$414,999 / $409,999Range$409,999 – $419,999Price per Sq Ft$176 / $174Sq Ft2,359 / 2,359DOM6 / 5New0Total2
Land
Avg/Median Price$808,241 / $300,000Range$85,000 – $3,995,000Price per Sq Ft—Sq Ft—DOM121 / 131New1Total22
Manufactured
Avg/Median Price$243,300 / $260,000Range$199,900 – $270,000Price per Sq Ft$155 / $172Sq Ft1,573 / 1,568DOM33 / 21New0Total3
Single Family
Avg/Median Price$454,903 / $414,890Range$65,000 – $2,100,000Price per Sq Ft$207 / $202Sq Ft2,229 / 2,193DOM44 / 15New139Total467
Townhouse
Avg/Median Price$319,631 / $299,999Range$250,000 – $545,000Price per Sq Ft$180 / $175Sq Ft1,787 / 1,823DOM35 / 7New36Total87
Sales by Bedroom Count
Studio
Avg:$285,000Median:$285,000Range:$285,000 – $285,000PSF:$167 / $167Sq Ft:1,706 / 1,706DOM:31 / 31New:0Total:1
1 Beds
Avg:$65,000Median:$65,000Range:$65,000 – $65,000PSF:$135 / $135Sq Ft:480 / 480DOM:29 / 29New:0Total:1
2 Beds
Avg:$448,436Median:$314,485Range:$299,990 – $1,375,000PSF:$385 / $269Sq Ft:1,290 / 1,153DOM:57 / 50New:3Total:12
3 Beds
Avg:$383,778Median:$354,990Range:$79,900 – $895,000PSF:$207 / $207Sq Ft:1,851 / 1,823DOM:47 / 19New:81Total:272
4 Beds
Avg:$493,284Median:$434,900Range:$299,990 – $2,100,000PSF:$199 / $193Sq Ft:2,443 / 2,398DOM:42 / 8New:61Total:197
5 Beds
Avg:$457,575Median:$426,750Range:$344,990 – $1,200,000PSF:$170 / $165Sq Ft:2,676 / 2,619DOM:25 / 8New:30Total:74
6 Beds
Avg:$386,663Median:$384,000Range:$384,000 – $391,990PSF:$152 / $151Sq Ft:2,541 / 2,541DOM:16 / 14New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $285,000 | $285,000 | $285,000 – $285,000 | $167 / $167 | 1,706 / 1,706 | 31 / 31 | 0 | 1 |
| 1 Beds | $65,000 | $65,000 | $65,000 – $65,000 | $135 / $135 | 480 / 480 | 29 / 29 | 0 | 1 |
| 2 Beds | $448,436 | $314,485 | $299,990 – $1,375,000 | $385 / $269 | 1,290 / 1,153 | 57 / 50 | 3 | 12 |
| 3 Beds | $383,778 | $354,990 | $79,900 – $895,000 | $207 / $207 | 1,851 / 1,823 | 47 / 19 | 81 | 272 |
| 4 Beds | $493,284 | $434,900 | $299,990 – $2,100,000 | $199 / $193 | 2,443 / 2,398 | 42 / 8 | 61 | 197 |
| 5 Beds | $457,575 | $426,750 | $344,990 – $1,200,000 | $170 / $165 | 2,676 / 2,619 | 25 / 8 | 30 | 74 |
| 6 Beds | $386,663 | $384,000 | $384,000 – $391,990 | $152 / $151 | 2,541 / 2,541 | 16 / 14 | 0 | 3 |
Rental Market Overview
Median Rent
$1,738
+1.3%
Median DOM
1
0.0%
New Listings
144
Inventory
241
+2.6%
- Average Rent: $1,825
- Median Rent: $1,738
- Rent Range: $890 – $2,900
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,359 / 1,234
- Square Footage Range: 643 – 3,292
- Days on Market (Avg/Median): 16 / 1
- Days on Market Range: 1 – 282
- New Listings: 144
- Total Listings: 241
Rentals by Property Type
Apartment
$1,633
Median DOM: 1
Inventory: 149
MoM: +1.3%
Condo
—
Median DOM: —
Inventory: —
MoM: +1.3%
Single Family
$1,999
Median DOM: 1
Inventory: 73
MoM: +1.3%
Townhouse
$1,850
Median DOM: 5
Inventory: 18
MoM: +1.3%
Apartment
Avg/Median Rent$1,722 / $1,633Range$1,275 – $2,665Rent per Sq Ft$2 / $2Sq Ft1,074 / 985DOM9 / 1New109Total149
Multi-Family
Avg/Median Rent$1,300 / $1,300Range$1,300 – $1,300Rent per Sq Ft$1 / $1Sq Ft1,860 / 1,860DOM38 / 38New0Total1
Single Family
Avg/Median Rent$2,033 / $1,999Range$890 – $2,900Rent per Sq Ft$1 / $1Sq Ft1,872 / 1,751DOM22 / 1New30Total73
Townhouse
Avg/Median Rent$1,861 / $1,850Range$1,250 – $2,399Rent per Sq Ft$1 / $1Sq Ft1,739 / 1,714DOM51 / 5New5Total18
Rentals by Bedroom Count
Studio
Avg:$1,332Median:$1,335Range:$1,275 – $1,392PSF:$2 / $2Sq Ft:643 / 643DOM:1 / 1New:4Total:6
1 Beds
Avg:$1,496Median:$1,455Range:$890 – $1,809PSF:$2 / $2Sq Ft:805 / 790DOM:5 / 1New:58Total:70
2 Beds
Avg:$1,704Median:$1,674Range:$1,250 – $2,008PSF:$1 / $1Sq Ft:1,201 / 1,149DOM:8 / 1New:31Total:52
3 Beds
Avg:$2,038Median:$1,900Range:$1,545 – $2,710PSF:$1 / $1Sq Ft:1,653 / 1,665DOM:24 / 1New:38Total:82
4 Beds
Avg:$2,274Median:$2,218Range:$1,870 – $2,900PSF:$1 / $1Sq Ft:2,194 / 2,155DOM:41 / 1New:10Total:24
5 Beds
Avg:$2,384Median:$2,400Range:$2,099 – $2,650PSF:$1 / $1Sq Ft:2,743 / 2,800DOM:38 / 12New:3Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,332 | $1,335 | $1,275 – $1,392 | $2 / $2 | 643 / 643 | 1 / 1 | 4 | 6 |
| 1 Beds | $1,496 | $1,455 | $890 – $1,809 | $2 / $2 | 805 / 790 | 5 / 1 | 58 | 70 |
| 2 Beds | $1,704 | $1,674 | $1,250 – $2,008 | $1 / $1 | 1,201 / 1,149 | 8 / 1 | 31 | 52 |
| 3 Beds | $2,038 | $1,900 | $1,545 – $2,710 | $1 / $1 | 1,653 / 1,665 | 24 / 1 | 38 | 82 |
| 4 Beds | $2,274 | $2,218 | $1,870 – $2,900 | $1 / $1 | 2,194 / 2,155 | 41 / 1 | 10 | 24 |
| 5 Beds | $2,384 | $2,400 | $2,099 – $2,650 | $1 / $1 | 2,743 / 2,800 | 38 / 12 | 3 | 7 |
6-Month Sales Trend
Oct 2025
Median Price:$399,500Median DOM:28New:215Total:542
Nov 2025
Median Price:$399,900Median DOM:31New:186Total:529
Dec 2025
Median Price:$399,900Median DOM:36New:170Total:495
Jan 2026
Median Price:$387,000Median DOM:21New:214Total:499
Feb 2026
Median Price:$390,490Median DOM:17New:262Total:568
Mar 2026
Median Price:$389,990Median DOM:14New:176Total:582
6-Month Rental Trend
Oct 2025
Median Rent:$1,880Median DOM:1New:80Total:149
Nov 2025
Median Rent:$1,914Median DOM:1New:79Total:150
Dec 2025
Median Rent:$1,875Median DOM:1New:69Total:143
Jan 2026
Median Rent:$1,707Median DOM:1New:156Total:216
Feb 2026
Median Rent:$1,715Median DOM:1New:171Total:235
Mar 2026
Median Rent:$1,738Median DOM:1New:144Total:241
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.
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.
272072720827231272432725227256272782731227344275022750327504275082751027511275122751327514275152751627517275182751927520275232752427525275262752727529+50 more
← Back to Raleigh Metro