ZIP 27613 Housing Market Report

Raleigh Metro

Report period: March 2026

27613 Monthly Market Update – March 2026

ZIP 27613 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$565,000
+7.8%
Median DOM (Sales)
23
−42.5%
New Listings (Sales)
24
−51.0%
Median Rent
$1,332
−1.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
602
+3.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (15 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($6,950,000 median)

Sales Market Overview

Median Price
$565,000
+7.8%
Median DOM
23
−42.5%
New Listings
24
−51.0%
Inventory
157
+12.9%
  • Average Price: $763,970
  • Median Price: $565,000
  • Price Range: $190,000 – $6,950,000
  • Price per Sq Ft (Avg/Median): $258 / $247
  • Square Footage (Avg/Median): 2,799 / 2,359
  • Square Footage Range: 1,113 – 13,700
  • Days on Market (Avg/Median): 54 / 23
  • Days on Market Range: 2 – 359
  • New Listings: 24
  • Total Listings: 157

Sales by Property Type

Condo
Avg/Median Price$284,117 / $249,900Range$240,000 – $399,900Price per Sq Ft$204 / $196Sq Ft1,382 / 1,361DOM57 / 15New1Total6
Land
Avg/Median Price$374,400 / $295,000Range$190,000 – $864,999Price per Sq FtSq FtDOM84 / 56New0Total10
Single Family
Avg/Median Price$978,010 / $720,000Range$329,900 – $6,950,000Price per Sq Ft$279 / $264Sq Ft3,265 / 2,834DOM52 / 21New15Total103
Townhouse
Avg/Median Price$362,094 / $325,000Range$235,000 – $649,000Price per Sq Ft$208 / $208Sq Ft1,759 / 1,647DOM49 / 23New8Total38

Sales by Bedroom Count

Studio
Avg:$462,000Median:$309,000Range:$309,000 – $615,000PSF:$219 / $175Sq Ft:2,054 / 1,765DOM:14 / 12New:0Total:2
2 Beds
Avg:$281,089Median:$265,000Range:$235,000 – $350,000PSF:$213 / $216Sq Ft:1,330 / 1,300DOM:48 / 23New:3Total:20
3 Beds
Avg:$472,876Median:$440,000Range:$275,000 – $725,000PSF:$242 / $251Sq Ft:1,973 / 1,825DOM:42 / 21New:8Total:54
4 Beds
Avg:$933,176Median:$775,000Range:$404,000 – $3,500,000PSF:$271 / $261Sq Ft:3,353 / 3,025DOM:52 / 18New:12Total:54
5 Beds
Avg:$1,673,543Median:$1,000,000Range:$549,000 – $4,350,000PSF:$310 / $276Sq Ft:4,963 / 4,042DOM:86 / 58New:1Total:16
7 Beds
Avg:$6,950,000Median:$6,950,000Range:$6,950,000 – $6,950,000PSF:$507 / $507Sq Ft:13,700 / 13,700DOM:217 / 217New:0Total:1

Rental Market Overview

Median Rent
$1,332
−1.6%
Median DOM
1
0.0%
New Listings
318
Inventory
602
+3.3%
  • Average Rent: $1,436
  • Median Rent: $1,332
  • Rent Range: $896 – $5,400
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 998 / 945
  • Square Footage Range: 478 – 3,525
  • Days on Market (Avg/Median): 7 / 1
  • Days on Market Range: 1 – 344
  • New Listings: 318
  • Total Listings: 602

Rentals by Property Type

Apartment
$1,295
Median DOM: 1
Inventory: 529
MoM: −1.6%
Condo
$1,400
Median DOM: 1
Inventory: 4
MoM: −1.6%
Single Family
$2,140
Median DOM: 12
Inventory: 42
MoM: −1.6%
Townhouse
$1,850
Median DOM: 13
Inventory: 27
MoM: −1.6%
Apartment
Avg/Median Rent$1,332 / $1,295Range$896 – $2,546Rent per Sq Ft$2 / $2Sq Ft895 / 857DOM4 / 1New293Total529
Condo
Avg/Median Rent$1,461 / $1,400Range$950 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,238 / 1,264DOM14 / 1New2Total4
Single Family
Avg/Median Rent$2,366 / $2,140Range$1,125 – $5,400Rent per Sq Ft$1 / $1Sq Ft1,963 / 1,768DOM32 / 12New14Total42
Townhouse
Avg/Median Rent$2,020 / $1,850Range$1,395 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,565 / 1,554DOM31 / 13New9Total27

Rentals by Bedroom Count

Studio
Avg:$1,358Median:$965Range:$965 – $1,750PSF:$2 / $2Sq Ft:606 / 563DOM:1 / 1New:1Total:2
1 Beds
Avg:$1,174Median:$1,158Range:$896 – $1,858PSF:$2 / $2Sq Ft:724 / 742DOM:5 / 1New:143Total:263
2 Beds
Avg:$1,470Median:$1,439Range:$1,070 – $2,546PSF:$1 / $1Sq Ft:1,069 / 1,063DOM:5 / 1New:147Total:263
3 Beds
Avg:$2,042Median:$1,939Range:$1,445 – $4,500PSF:$1 / $1Sq Ft:1,526 / 1,425DOM:18 / 1New:24Total:57
4 Beds
Avg:$2,952Median:$2,695Range:$1,895 – $5,400PSF:$1 / $1Sq Ft:2,490 / 2,529DOM:32 / 32New:3Total:17

6-Month Sales Trend

Oct 2025
Median Price:$529,900Median DOM:44New:45Total:193
Nov 2025
Median Price:$550,000Median DOM:44New:40Total:193
Dec 2025
Median Price:$549,000Median DOM:60New:20Total:167
Jan 2026
Median Price:$500,000Median DOM:69New:22Total:131
Feb 2026
Median Price:$524,000Median DOM:40New:49Total:139
Mar 2026
Median Price:$565,000Median DOM:23New:24Total:157

6-Month Rental Trend

Oct 2025
Median Rent:$1,459Median DOM:1New:318Total:483
Nov 2025
Median Rent:$1,445Median DOM:1New:351Total:474
Dec 2025
Median Rent:$1,399Median DOM:1New:377Total:524
Jan 2026
Median Rent:$1,395Median DOM:1New:379Total:539
Feb 2026
Median Rent:$1,354Median DOM:1New:434Total:583
Mar 2026
Median Rent:$1,332Median DOM:1New:318Total:602

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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