ZIP 27614 Housing Market Report
Raleigh Metro
Report period: March 2026
27614 Monthly Market Update – March 2026
ZIP 27614 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$600,000
+4.3%
Median DOM (Sales)
50
+8.7%
New Listings (Sales)
21
−66.7%
Median Rent
$1,489
−0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
366
−1.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($5,250,000 median)
Sales Market Overview
Median Price
$600,000
+4.3%
Median DOM
50
+8.7%
New Listings
21
−66.7%
Inventory
215
−3.6%
- Average Price: $1,019,229
- Median Price: $600,000
- Price Range: $199,500 – $5,672,000
- Price per Sq Ft (Avg/Median): $266 / $232
- Square Footage (Avg/Median): 3,340 / 2,538
- Square Footage Range: 750 – 17,711
- Days on Market (Avg/Median): 77 / 50
- Days on Market Range: 1 – 355
- New Listings: 21
- Total Listings: 215
Sales by Property Type
Condo
Avg/Median Price$339,500 / $340,000Range$210,000 – $495,000Price per Sq Ft$208 / $201Sq Ft1,696 / 1,576DOM57 / 25New7Total26
Land
Avg/Median Price$756,188 / $750,000Range$199,500 – $1,500,000Price per Sq Ft—Sq Ft—DOM118 / 63New0Total8
Single Family
Avg/Median Price$1,442,453 / $875,000Range$300,000 – $5,672,000Price per Sq Ft$304 / $265Sq Ft4,309 / 3,733DOM84 / 55New7Total129
Townhouse
Avg/Median Price$349,642 / $312,432Range$224,900 – $819,900Price per Sq Ft$203 / $205Sq Ft1,758 / 1,667DOM68 / 36New7Total52
Sales by Bedroom Count
Studio
Avg:$460,000Median:$460,000Range:$460,000 – $460,000PSF:$354 / $354Sq Ft:1,300 / 1,300DOM:9 / 9New:0Total:1
1 Beds
Avg:$212,500Median:$210,000Range:$210,000 – $215,000PSF:$281 / $280Sq Ft:755 / 750DOM:151 / 19New:0Total:2
2 Beds
Avg:$304,200Median:$284,900Range:$244,900 – $405,000PSF:$225 / $238Sq Ft:1,365 / 1,357DOM:60 / 37New:4Total:24
3 Beds
Avg:$436,326Median:$419,500Range:$224,900 – $1,195,000PSF:$216 / $209Sq Ft:2,014 / 1,889DOM:65 / 29New:9Total:72
4 Beds
Avg:$1,274,425Median:$865,000Range:$425,000 – $3,995,000PSF:$295 / $250Sq Ft:3,986 / 3,737DOM:74 / 47New:6Total:57
5 Beds
Avg:$1,951,403Median:$1,195,000Range:$445,000 – $5,672,000PSF:$330 / $273Sq Ft:5,309 / 4,611DOM:97 / 58New:2Total:48
6 Beds
Avg:$962,000Median:$945,000Range:$945,000 – $979,000PSF:$174 / $166Sq Ft:5,542 / 5,375DOM:91 / 16New:0Total:2
7 Beds
Avg:$5,250,000Median:$5,250,000Range:$5,250,000 – $5,250,000PSF:$296 / $296Sq Ft:17,711 / 17,711DOM:334 / 334New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $460,000 | $460,000 | $460,000 – $460,000 | $354 / $354 | 1,300 / 1,300 | 9 / 9 | 0 | 1 |
| 1 Beds | $212,500 | $210,000 | $210,000 – $215,000 | $281 / $280 | 755 / 750 | 151 / 19 | 0 | 2 |
| 2 Beds | $304,200 | $284,900 | $244,900 – $405,000 | $225 / $238 | 1,365 / 1,357 | 60 / 37 | 4 | 24 |
| 3 Beds | $436,326 | $419,500 | $224,900 – $1,195,000 | $216 / $209 | 2,014 / 1,889 | 65 / 29 | 9 | 72 |
| 4 Beds | $1,274,425 | $865,000 | $425,000 – $3,995,000 | $295 / $250 | 3,986 / 3,737 | 74 / 47 | 6 | 57 |
| 5 Beds | $1,951,403 | $1,195,000 | $445,000 – $5,672,000 | $330 / $273 | 5,309 / 4,611 | 97 / 58 | 2 | 48 |
| 6 Beds | $962,000 | $945,000 | $945,000 – $979,000 | $174 / $166 | 5,542 / 5,375 | 91 / 16 | 0 | 2 |
| 7 Beds | $5,250,000 | $5,250,000 | $5,250,000 – $5,250,000 | $296 / $296 | 17,711 / 17,711 | 334 / 334 | 0 | 1 |
Rental Market Overview
Median Rent
$1,489
−0.1%
Median DOM
1
0.0%
New Listings
205
Inventory
366
−1.6%
- Average Rent: $1,581
- Median Rent: $1,489
- Rent Range: $969 – $3,895
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,205 / 1,133
- Square Footage Range: 550 – 6,525
- Days on Market (Avg/Median): 9 / 1
- Days on Market Range: 1 – 351
- New Listings: 205
- Total Listings: 366
Rentals by Property Type
Apartment
$1,436
Median DOM: 1
Inventory: 319
MoM: −0.1%
Condo
$1,595
Median DOM: 8
Inventory: 4
MoM: −0.1%
Single Family
$2,200
Median DOM: 1
Inventory: 20
MoM: −0.1%
Townhouse
$1,799
Median DOM: 3
Inventory: 23
MoM: −0.1%
Apartment
Avg/Median Rent$1,496 / $1,436Range$969 – $3,491Rent per Sq Ft$1 / $1Sq Ft1,088 / 1,096DOM5 / 1New192Total319
Condo
Avg/Median Rent$1,999 / $1,595Range$1,500 – $3,000Rent per Sq Ft$1 / $1Sq Ft1,663 / 1,524DOM12 / 8New1Total4
Single Family
Avg/Median Rent$2,466 / $2,200Range$1,600 – $3,895Rent per Sq Ft$1 / $1Sq Ft2,388 / 2,043DOM40 / 1New6Total20
Townhouse
Avg/Median Rent$1,919 / $1,799Range$1,525 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,858 / 1,746DOM34 / 3New6Total23
Rentals by Bedroom Count
1 Beds
Avg:$1,247Median:$1,221Range:$1,039 – $1,626PSF:$2 / $2Sq Ft:798 / 802DOM:7 / 1New:63Total:102
2 Beds
Avg:$1,516Median:$1,499Range:$969 – $2,105PSF:$1 / $1Sq Ft:1,129 / 1,106DOM:5 / 1New:86Total:146
3 Beds
Avg:$1,859Median:$1,750Range:$1,402 – $3,491PSF:$1 / $1Sq Ft:1,544 / 1,425DOM:11 / 1New:54Total:108
4 Beds
Avg:$2,539Median:$2,450Range:$1,995 – $3,200PSF:$1 / $1Sq Ft:2,541 / 2,538DOM:74 / 45New:1Total:6
5 Beds
Avg:$3,522Median:$3,595Range:$2,800 – $3,895PSF:$1 / $1Sq Ft:4,195 / 3,151DOM:46 / 1New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,247 | $1,221 | $1,039 – $1,626 | $2 / $2 | 798 / 802 | 7 / 1 | 63 | 102 |
| 2 Beds | $1,516 | $1,499 | $969 – $2,105 | $1 / $1 | 1,129 / 1,106 | 5 / 1 | 86 | 146 |
| 3 Beds | $1,859 | $1,750 | $1,402 – $3,491 | $1 / $1 | 1,544 / 1,425 | 11 / 1 | 54 | 108 |
| 4 Beds | $2,539 | $2,450 | $1,995 – $3,200 | $1 / $1 | 2,541 / 2,538 | 74 / 45 | 1 | 6 |
| 5 Beds | $3,522 | $3,595 | $2,800 – $3,895 | $1 / $1 | 4,195 / 3,151 | 46 / 1 | 1 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$675,000Median DOM:59New:52Total:261
Nov 2025
Median Price:$629,000Median DOM:64New:47Total:259
Dec 2025
Median Price:$550,000Median DOM:76New:34Total:227
Jan 2026
Median Price:$550,000Median DOM:64New:64Total:216
Feb 2026
Median Price:$575,000Median DOM:46New:63Total:223
Mar 2026
Median Price:$600,000Median DOM:50New:21Total:215
6-Month Rental Trend
Oct 2025
Median Rent:$1,574Median DOM:1New:239Total:338
Nov 2025
Median Rent:$1,556Median DOM:1New:229Total:331
Dec 2025
Median Rent:$1,546Median DOM:1New:252Total:356
Jan 2026
Median Rent:$1,550Median DOM:1New:250Total:367
Feb 2026
Median Rent:$1,491Median DOM:1New:267Total:372
Mar 2026
Median Rent:$1,489Median DOM:1New:205Total:366
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.
272072720827231272432725227256272782731227344275022750327504275082751027511275122751327514275152751627517275182751927520275232752427525275262752727529+50 more
← Back to Raleigh Metro