ZIP 27597 Housing Market Report
Raleigh Metro
Report period: March 2026
27597 Monthly Market Update – March 2026
ZIP 27597 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$377,900
0.0%
Median DOM (Sales)
32
−22.0%
New Listings (Sales)
113
−15.7%
Median Rent
$1,850
+1.4%
Median DOM (Rental)
4
−55.6%
Total Rental Listings
104
−5.5%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (4 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 4 Beds ($489,900 median)
Sales Market Overview
Median Price
$377,900
0.0%
Median DOM
32
−22.0%
New Listings
113
−15.7%
Inventory
466
+3.8%
- Average Price: $450,857
- Median Price: $377,900
- Price Range: $50,000 – $4,775,000
- Price per Sq Ft (Avg/Median): $199 / $185
- Square Footage (Avg/Median): 2,210 / 2,200
- Square Footage Range: 861 – 7,247
- Days on Market (Avg/Median): 73 / 32
- Days on Market Range: 1 – 362
- New Listings: 113
- Total Listings: 466
Sales by Property Type
Condo
Avg/Median Price$296,999 / $301,297Range$269,990 – $303,137Price per Sq Ft$179 / $181Sq Ft1,662 / 1,664DOM4 / 4New0Total6
Land
Avg/Median Price$470,254 / $285,000Range$50,000 – $4,775,000Price per Sq Ft—Sq Ft—DOM150 / 155New11Total75
Manufactured
Avg/Median Price$273,767 / $219,900Range$199,900 – $499,000Price per Sq Ft$145 / $132Sq Ft1,854 / 1,824DOM97 / 17New1Total6
Multi-Family
Avg/Median Price$294,323 / $284,990Range$275,990 – $341,657Price per Sq Ft$169 / $171Sq Ft1,748 / 1,650DOM4 / 4New5Total5
Single Family
Avg/Median Price$467,549 / $399,000Range$99,000 – $3,975,000Price per Sq Ft$203 / $193Sq Ft2,274 / 2,263DOM61 / 29New84Total347
Townhouse
Avg/Median Price$284,989 / $280,000Range$254,900 – $334,990Price per Sq Ft$171 / $171Sq Ft1,679 / 1,622DOM42 / 15New12Total27
Sales by Bedroom Count
2 Beds
Avg:$248,978Median:$265,000Range:$135,000 – $309,990PSF:$210 / $205Sq Ft:1,216 / 1,077DOM:27 / 31New:1Total:5
3 Beds
Avg:$371,797Median:$338,000Range:$99,000 – $1,100,000PSF:$199 / $188Sq Ft:1,876 / 1,802DOM:60 / 28New:52Total:238
4 Beds
Avg:$587,990Median:$489,900Range:$219,900 – $3,975,000PSF:$204 / $189Sq Ft:2,750 / 2,587DOM:62 / 21New:43Total:130
5 Beds
Avg:$481,051Median:$439,900Range:$375,000 – $675,000PSF:$160 / $157Sq Ft:3,037 / 2,937DOM:33 / 8New:6Total:18
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $248,978 | $265,000 | $135,000 – $309,990 | $210 / $205 | 1,216 / 1,077 | 27 / 31 | 1 | 5 |
| 3 Beds | $371,797 | $338,000 | $99,000 – $1,100,000 | $199 / $188 | 1,876 / 1,802 | 60 / 28 | 52 | 238 |
| 4 Beds | $587,990 | $489,900 | $219,900 – $3,975,000 | $204 / $189 | 2,750 / 2,587 | 62 / 21 | 43 | 130 |
| 5 Beds | $481,051 | $439,900 | $375,000 – $675,000 | $160 / $157 | 3,037 / 2,937 | 33 / 8 | 6 | 18 |
Rental Market Overview
Median Rent
$1,850
+1.4%
Median DOM
4
−55.6%
New Listings
28
Inventory
104
−5.5%
- Average Rent: $1,886
- Median Rent: $1,850
- Rent Range: $950 – $3,120
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,802 / 1,800
- Square Footage Range: 660 – 2,900
- Days on Market (Avg/Median): 32 / 4
- Days on Market Range: 1 – 279
- New Listings: 28
- Total Listings: 104
Rentals by Property Type
Apartment
$1,145
Median DOM: —
Inventory: 1
MoM: +1.4%
Condo
—
Median DOM: —
Inventory: —
MoM: +1.4%
Single Family
$1,900
Median DOM: 1
Inventory: 91
MoM: +1.4%
Townhouse
$1,700
Median DOM: 29
Inventory: 8
MoM: +1.4%
Apartment
Avg/Median Rent$1,145 / $1,145Range$1,145 – $1,145Rent per Sq Ft$2 / $2Sq Ft660 / 660DOM—New0Total1
Manufactured
Avg/Median Rent$1,425 / $1,425Range$1,425 – $1,425Rent per Sq Ft$1 / $1Sq Ft1,389 / 1,389DOM10 / 10New1Total1
Multi-Family
Avg/Median Rent$1,333 / $1,300Range$950 – $1,750Rent per Sq Ft$1 / $1Sq Ft1,586 / 1,022DOM109 / 106New0Total3
Single Family
Avg/Median Rent$1,926 / $1,900Range$1,000 – $3,120Rent per Sq Ft$1 / $1Sq Ft1,829 / 1,826DOM30 / 1New25Total91
Townhouse
Avg/Median Rent$1,790 / $1,700Range$1,699 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,731 / 1,650DOM27 / 29New2Total8
Rentals by Bedroom Count
1 Beds
Avg:$1,145Median:$1,145Range:$1,145 – $1,145PSF:$2 / $2Sq Ft:660 / 660DOM:—New:0Total:1
2 Beds
Avg:$1,188Median:$1,000Range:$950 – $1,500PSF:$1 / $1Sq Ft:1,009 / 996DOM:50 / 1New:2Total:4
3 Beds
Avg:$1,818Median:$1,800Range:$1,200 – $2,229PSF:$1 / $1Sq Ft:1,627 / 1,650DOM:25 / 7New:19Total:71
4 Beds
Avg:$2,143Median:$2,085Range:$1,819 – $3,120PSF:$1 / $1Sq Ft:2,238 / 2,210DOM:46 / 1New:6Total:23
5 Beds
Avg:$2,383Median:$2,345Range:$2,295 – $2,585PSF:$1 / $1Sq Ft:2,654 / 2,805DOM:37 / 1New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,145 | $1,145 | $1,145 – $1,145 | $2 / $2 | 660 / 660 | — | 0 | 1 |
| 2 Beds | $1,188 | $1,000 | $950 – $1,500 | $1 / $1 | 1,009 / 996 | 50 / 1 | 2 | 4 |
| 3 Beds | $1,818 | $1,800 | $1,200 – $2,229 | $1 / $1 | 1,627 / 1,650 | 25 / 7 | 19 | 71 |
| 4 Beds | $2,143 | $2,085 | $1,819 – $3,120 | $1 / $1 | 2,238 / 2,210 | 46 / 1 | 6 | 23 |
| 5 Beds | $2,383 | $2,345 | $2,295 – $2,585 | $1 / $1 | 2,654 / 2,805 | 37 / 1 | 1 | 5 |
6-Month Sales Trend
Oct 2025
Median Price:$366,550Median DOM:55New:147Total:502
Nov 2025
Median Price:$374,990Median DOM:52New:142Total:516
Dec 2025
Median Price:$377,900Median DOM:60New:117Total:481
Jan 2026
Median Price:$374,135Median DOM:46New:156Total:477
Feb 2026
Median Price:$377,900Median DOM:41New:134Total:449
Mar 2026
Median Price:$377,900Median DOM:32New:113Total:466
6-Month Rental Trend
Oct 2025
Median Rent:$1,850Median DOM:9New:35Total:110
Nov 2025
Median Rent:$1,835Median DOM:14New:52Total:109
Dec 2025
Median Rent:$1,825Median DOM:25New:32Total:98
Jan 2026
Median Rent:$1,810Median DOM:15New:46Total:107
Feb 2026
Median Rent:$1,825Median DOM:9New:43Total:110
Mar 2026
Median Rent:$1,850Median DOM:4New:28Total:104
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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