ZIP 27592 Housing Market Report
Raleigh Metro
Report period: March 2026
27592 Monthly Market Update – March 2026
ZIP 27592 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$415,000
−1.1%
Median DOM (Sales)
20
−16.7%
New Listings (Sales)
42
−40.8%
Median Rent
$1,900
+5.0%
Median DOM (Rental)
6
+20.0%
Total Rental Listings
25
+8.7%
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: Manufactured (6 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 4 Beds ($489,990 median)
Sales Market Overview
Median Price
$415,000
−1.1%
Median DOM
20
−16.7%
New Listings
42
−40.8%
Inventory
188
+4.4%
- Average Price: $426,915
- Median Price: $415,000
- Price Range: $114,000 – $2,300,000
- Price per Sq Ft (Avg/Median): $191 / $192
- Square Footage (Avg/Median): 2,296 / 2,229
- Square Footage Range: 875 – 4,755
- Days on Market (Avg/Median): 56 / 20
- Days on Market Range: 1 – 297
- New Listings: 42
- Total Listings: 188
Sales by Property Type
Land
Avg/Median Price$500,182 / $300,000Range$114,000 – $2,300,000Price per Sq Ft—Sq Ft—DOM51 / 30New3Total11
Manufactured
Avg/Median Price$204,130 / $199,900Range$120,750 – $285,000Price per Sq Ft$159 / $174Sq Ft1,331 / 1,456DOM20 / 6New2Total5
Single Family
Avg/Median Price$463,383 / $459,990Range$257,500 – $750,000Price per Sq Ft$192 / $192Sq Ft2,529 / 2,489DOM39 / 17New25Total127
Townhouse
Avg/Median Price$330,838 / $314,900Range$274,102 – $553,110Price per Sq Ft$192 / $193Sq Ft1,746 / 1,713DOM106 / 42New12Total45
Sales by Bedroom Count
2 Beds
Avg:$305,000Median:$315,000Range:$180,000 – $420,000PSF:$235 / $207Sq Ft:1,280 / 1,440DOM:68 / 34New:0Total:3
3 Beds
Avg:$370,610Median:$349,900Range:$120,750 – $705,000PSF:$203 / $203Sq Ft:1,833 / 1,713DOM:67 / 14New:21Total:98
4 Beds
Avg:$489,548Median:$489,990Range:$285,000 – $750,000PSF:$182 / $177Sq Ft:2,701 / 2,718DOM:41 / 21New:12Total:52
5 Beds
Avg:$502,779Median:$472,985Range:$432,985 – $608,000PSF:$152 / $151Sq Ft:3,434 / 3,010DOM:39 / 14New:6Total:24
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $305,000 | $315,000 | $180,000 – $420,000 | $235 / $207 | 1,280 / 1,440 | 68 / 34 | 0 | 3 |
| 3 Beds | $370,610 | $349,900 | $120,750 – $705,000 | $203 / $203 | 1,833 / 1,713 | 67 / 14 | 21 | 98 |
| 4 Beds | $489,548 | $489,990 | $285,000 – $750,000 | $182 / $177 | 2,701 / 2,718 | 41 / 21 | 12 | 52 |
| 5 Beds | $502,779 | $472,985 | $432,985 – $608,000 | $152 / $151 | 3,434 / 3,010 | 39 / 14 | 6 | 24 |
Rental Market Overview
Median Rent
$1,900
+5.0%
Median DOM
6
+20.0%
New Listings
10
Inventory
25
+8.7%
- Average Rent: $1,833
- Median Rent: $1,900
- Rent Range: $800 – $2,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,784 / 1,736
- Square Footage Range: 750 – 2,539
- Days on Market (Avg/Median): 23 / 6
- Days on Market Range: 1 – 137
- New Listings: 10
- Total Listings: 25
Rentals by Property Type
Apartment
$1,400
Median DOM: —
Inventory: 1
MoM: +5.0%
Condo
$800
Median DOM: 1
Inventory: 2
MoM: +5.0%
Single Family
$1,960
Median DOM: 11
Inventory: 19
MoM: +5.0%
Townhouse
$1,795
Median DOM: 1
Inventory: 3
MoM: +5.0%
Apartment
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft750 / 750DOM—New0Total1
Condo
Avg/Median Rent$800 / $800Range$800 – $800Rent per Sq Ft—Sq Ft—DOM1 / 1New2Total2
Single Family
Avg/Median Rent$1,968 / $1,960Range$1,200 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,844 / 1,732DOM28 / 11New7Total19
Townhouse
Avg/Median Rent$1,813 / $1,795Range$1,795 – $1,850Rent per Sq Ft$1 / $1Sq Ft1,828 / 1,740DOM10 / 1New1Total3
Rentals by Bedroom Count
1 Beds
Avg:$1,000Median:$800Range:$800 – $1,400PSF:$2 / $2Sq Ft:750 / 750DOM:1 / 1New:2Total:3
2 Beds
Avg:$1,200Median:$1,200Range:$1,200 – $1,200PSF:—Sq Ft:—DOM:1 / 1New:0Total:1
3 Beds
Avg:$1,925Median:$1,900Range:$1,689 – $2,290PSF:$1 / $1Sq Ft:1,710 / 1,700DOM:27 / 6New:7Total:17
4 Beds
Avg:$2,224Median:$2,000Range:$1,995 – $2,500PSF:$1 / $1Sq Ft:2,299 / 2,400DOM:24 / 22New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,000 | $800 | $800 – $1,400 | $2 / $2 | 750 / 750 | 1 / 1 | 2 | 3 |
| 2 Beds | $1,200 | $1,200 | $1,200 – $1,200 | — | — | 1 / 1 | 0 | 1 |
| 3 Beds | $1,925 | $1,900 | $1,689 – $2,290 | $1 / $1 | 1,710 / 1,700 | 27 / 6 | 7 | 17 |
| 4 Beds | $2,224 | $2,000 | $1,995 – $2,500 | $1 / $1 | 2,299 / 2,400 | 24 / 22 | 1 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$425,000Median DOM:16New:77Total:171
Nov 2025
Median Price:$415,000Median DOM:23New:69Total:176
Dec 2025
Median Price:$404,990Median DOM:35New:60Total:161
Jan 2026
Median Price:$389,990Median DOM:15New:84Total:168
Feb 2026
Median Price:$419,500Median DOM:24New:71Total:180
Mar 2026
Median Price:$415,000Median DOM:20New:42Total:188
6-Month Rental Trend
Oct 2025
Median Rent:$1,800Median DOM:8New:11Total:26
Nov 2025
Median Rent:$1,825Median DOM:1New:14Total:25
Dec 2025
Median Rent:$1,700Median DOM:1New:7Total:18
Jan 2026
Median Rent:$1,765Median DOM:6New:10Total:17
Feb 2026
Median Rent:$1,810Median DOM:5New:13Total:23
Mar 2026
Median Rent:$1,900Median DOM:6New:10Total:25
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.
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