ZIP 27612 Housing Market Report
Raleigh Metro
Report period: March 2026
27612 Monthly Market Update – March 2026
ZIP 27612 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$550,000
+2.7%
Median DOM (Sales)
34
−12.8%
New Listings (Sales)
21
−59.6%
Median Rent
$1,458
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1,225
+1.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (8 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,595,000 median)
Sales Market Overview
Median Price
$550,000
+2.7%
Median DOM
34
−12.8%
New Listings
21
−59.6%
Inventory
204
+1.0%
- Average Price: $677,388
- Median Price: $550,000
- Price Range: $220,000 – $3,500,000
- Price per Sq Ft (Avg/Median): $272 / $255
- Square Footage (Avg/Median): 2,398 / 2,245
- Square Footage Range: 571 – 6,766
- Days on Market (Avg/Median): 64 / 34
- Days on Market Range: 1 – 336
- New Listings: 21
- Total Listings: 204
Sales by Property Type
Condo
Avg/Median Price$322,583 / $245,000Range$220,000 – $620,000Price per Sq Ft$289 / $280Sq Ft1,130 / 1,012DOM97 / 124New0Total18
Land
Avg/Median Price$600,125 / $450,000Range$400,000 – $975,000Price per Sq Ft—Sq Ft—DOM90 / 8New0Total4
Multi-Family
Avg/Median Price$705,767 / $649,900Range$567,500 – $899,900Price per Sq Ft$260 / $254Sq Ft2,749 / 2,277DOM23 / 21New1Total3
Single Family
Avg/Median Price$930,747 / $710,000Range$305,000 – $3,500,000Price per Sq Ft$309 / $290Sq Ft2,913 / 2,611DOM52 / 23New14Total92
Townhouse
Avg/Median Price$485,449 / $415,000Range$275,000 – $1,300,000Price per Sq Ft$229 / $233Sq Ft2,103 / 2,108DOM70 / 43New6Total87
Sales by Bedroom Count
1 Beds
Avg:$232,450Median:$230,000Range:$230,000 – $234,900PSF:$407 / $403Sq Ft:571 / 571DOM:77 / 7New:0Total:2
2 Beds
Avg:$333,586Median:$310,000Range:$220,000 – $620,000PSF:$250 / $243Sq Ft:1,346 / 1,305DOM:91 / 103New:0Total:42
3 Beds
Avg:$571,406Median:$535,700Range:$305,000 – $1,300,000PSF:$264 / $257Sq Ft:2,146 / 1,985DOM:59 / 29New:11Total:78
4 Beds
Avg:$830,305Median:$734,500Range:$400,000 – $3,100,000PSF:$272 / $265Sq Ft:2,949 / 2,654DOM:55 / 28New:7Total:58
5 Beds
Avg:$1,462,253Median:$1,595,000Range:$600,000 – $3,500,000PSF:$349 / $288Sq Ft:4,011 / 3,720DOM:57 / 36New:1Total:15
6 Beds
Avg:$1,437,500Median:$1,000,000Range:$750,000 – $2,250,000PSF:$288 / $220Sq Ft:4,870 / 4,859DOM:10 / 6New:2Total:4
8 Beds
Avg:$899,900Median:$899,900Range:$899,900 – $899,900PSF:$241 / $241Sq Ft:3,737 / 3,737DOM:21 / 21New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $232,450 | $230,000 | $230,000 – $234,900 | $407 / $403 | 571 / 571 | 77 / 7 | 0 | 2 |
| 2 Beds | $333,586 | $310,000 | $220,000 – $620,000 | $250 / $243 | 1,346 / 1,305 | 91 / 103 | 0 | 42 |
| 3 Beds | $571,406 | $535,700 | $305,000 – $1,300,000 | $264 / $257 | 2,146 / 1,985 | 59 / 29 | 11 | 78 |
| 4 Beds | $830,305 | $734,500 | $400,000 – $3,100,000 | $272 / $265 | 2,949 / 2,654 | 55 / 28 | 7 | 58 |
| 5 Beds | $1,462,253 | $1,595,000 | $600,000 – $3,500,000 | $349 / $288 | 4,011 / 3,720 | 57 / 36 | 1 | 15 |
| 6 Beds | $1,437,500 | $1,000,000 | $750,000 – $2,250,000 | $288 / $220 | 4,870 / 4,859 | 10 / 6 | 2 | 4 |
| 8 Beds | $899,900 | $899,900 | $899,900 – $899,900 | $241 / $241 | 3,737 / 3,737 | 21 / 21 | 0 | 1 |
Rental Market Overview
Median Rent
$1,458
0.0%
Median DOM
1
0.0%
New Listings
709
Inventory
1,225
+1.5%
- Average Rent: $1,548
- Median Rent: $1,458
- Rent Range: $854 – $5,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,000 / 940
- Square Footage Range: 337 – 4,100
- Days on Market (Avg/Median): 6 / 1
- Days on Market Range: 1 – 317
- New Listings: 709
- Total Listings: 1,225
Rentals by Property Type
Apartment
$1,449
Median DOM: 1
Inventory: 1,140
MoM: 0.0%
Condo
$1,500
Median DOM: 94
Inventory: 7
MoM: 0.0%
Single Family
$2,100
Median DOM: 1
Inventory: 27
MoM: 0.0%
Townhouse
$1,995
Median DOM: 15
Inventory: 47
MoM: 0.0%
Apartment
Avg/Median Rent$1,502 / $1,449Range$854 – $4,541Rent per Sq Ft$2 / $2Sq Ft948 / 912DOM3 / 1New691Total1,140
Condo
Avg/Median Rent$1,534 / $1,500Range$1,400 – $1,795Rent per Sq Ft$2 / $2Sq Ft883 / 1,012DOM86 / 94New2Total7
Multi-Family
Avg/Median Rent$2,136 / $1,495Range$1,395 – $3,960Rent per Sq Ft$2 / $1Sq Ft1,165 / 1,100DOM21 / 18New0Total4
Single Family
Avg/Median Rent$2,353 / $2,100Range$1,395 – $5,500Rent per Sq Ft$1 / $1Sq Ft1,897 / 1,744DOM33 / 1New6Total27
Townhouse
Avg/Median Rent$2,173 / $1,995Range$1,450 – $3,650Rent per Sq Ft$1 / $1Sq Ft1,752 / 1,663DOM43 / 15New10Total47
Rentals by Bedroom Count
Studio
Avg:$1,327Median:$1,238Range:$952 – $1,950PSF:$2 / $2Sq Ft:549 / 564DOM:7 / 1New:35Total:56
1 Beds
Avg:$1,281Median:$1,285Range:$854 – $2,407PSF:$2 / $2Sq Ft:758 / 775DOM:4 / 1New:286Total:499
2 Beds
Avg:$1,638Median:$1,569Range:$1,063 – $3,960PSF:$2 / $1Sq Ft:1,096 / 1,080DOM:4 / 1New:317Total:526
3 Beds
Avg:$2,152Median:$1,999Range:$1,572 – $4,541PSF:$1 / $1Sq Ft:1,564 / 1,472DOM:11 / 1New:68Total:131
4 Beds
Avg:$3,087Median:$2,900Range:$2,050 – $5,500PSF:$1 / $1Sq Ft:2,658 / 2,400DOM:71 / 15New:3Total:13
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,327 | $1,238 | $952 – $1,950 | $2 / $2 | 549 / 564 | 7 / 1 | 35 | 56 |
| 1 Beds | $1,281 | $1,285 | $854 – $2,407 | $2 / $2 | 758 / 775 | 4 / 1 | 286 | 499 |
| 2 Beds | $1,638 | $1,569 | $1,063 – $3,960 | $2 / $1 | 1,096 / 1,080 | 4 / 1 | 317 | 526 |
| 3 Beds | $2,152 | $1,999 | $1,572 – $4,541 | $1 / $1 | 1,564 / 1,472 | 11 / 1 | 68 | 131 |
| 4 Beds | $3,087 | $2,900 | $2,050 – $5,500 | $1 / $1 | 2,658 / 2,400 | 71 / 15 | 3 | 13 |
6-Month Sales Trend
Oct 2025
Median Price:$545,000Median DOM:48New:71Total:263
Nov 2025
Median Price:$525,000Median DOM:55New:44Total:247
Dec 2025
Median Price:$489,900Median DOM:69New:30Total:209
Jan 2026
Median Price:$500,000Median DOM:67New:52Total:192
Feb 2026
Median Price:$535,700Median DOM:39New:52Total:202
Mar 2026
Median Price:$550,000Median DOM:34New:21Total:204
6-Month Rental Trend
Oct 2025
Median Rent:$1,508Median DOM:1New:818Total:1,106
Nov 2025
Median Rent:$1,500Median DOM:1New:852Total:1,062
Dec 2025
Median Rent:$1,475Median DOM:1New:876Total:1,116
Jan 2026
Median Rent:$1,482Median DOM:1New:884Total:1,213
Feb 2026
Median Rent:$1,458Median DOM:1New:917Total:1,207
Mar 2026
Median Rent:$1,458Median DOM:1New:709Total:1,225
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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