ZIP 27712 Housing Market Report
Raleigh Metro
Report period: March 2026
27712 Monthly Market Update – March 2026
ZIP 27712 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$430,000
+1.2%
Median DOM (Sales)
31
+29.2%
New Listings (Sales)
23
−48.9%
Median Rent
$1,910
−5.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
23
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened.
What's Moving Fastest
- Fastest selling: Townhouse (19 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($950,000 median)
Sales Market Overview
Median Price
$430,000
+1.2%
Median DOM
31
+29.2%
New Listings
23
−48.9%
Inventory
138
0.0%
- Average Price: $464,644
- Median Price: $430,000
- Price Range: $39,000 – $1,395,000
- Price per Sq Ft (Avg/Median): $231 / $231
- Square Footage (Avg/Median): 2,342 / 2,166
- Square Footage Range: 705 – 7,260
- Days on Market (Avg/Median): 56 / 31
- Days on Market Range: 2 – 349
- New Listings: 23
- Total Listings: 138
Sales by Property Type
Land
Avg/Median Price$133,768 / $75,000Range$39,000 – $795,000Price per Sq Ft—Sq Ft—DOM104 / 57New0Total22
Manufactured
Avg/Median Price$255,000 / $255,000Range$255,000 – $255,000Price per Sq Ft$204 / $204Sq Ft1,248 / 1,248DOM111 / 111New0Total1
Single Family
Avg/Median Price$529,718 / $480,500Range$195,000 – $1,395,000Price per Sq Ft$232 / $232Sq Ft2,352 / 2,166DOM48 / 27New23Total110
Townhouse
Avg/Median Price$530,800 / $485,000Range$385,000 – $699,999Price per Sq Ft$226 / $229Sq Ft2,346 / 2,371DOM39 / 19New0Total5
Sales by Bedroom Count
2 Beds
Avg:$309,967Median:$349,900Range:$230,000 – $350,000PSF:$283 / $298Sq Ft:1,149 / 1,174DOM:10 / 8New:2Total:3
3 Beds
Avg:$438,518Median:$385,000Range:$195,000 – $890,000PSF:$238 / $234Sq Ft:1,859 / 1,702DOM:49 / 22New:12Total:68
4 Beds
Avg:$655,707Median:$594,900Range:$349,900 – $1,395,000PSF:$220 / $220Sq Ft:2,995 / 2,698DOM:45 / 28New:8Total:38
5 Beds
Avg:$658,600Median:$684,000Range:$335,000 – $1,050,000PSF:$187 / $189Sq Ft:3,481 / 3,040DOM:66 / 43New:0Total:5
6 Beds
Avg:$1,109,500Median:$950,000Range:$950,000 – $1,269,000PSF:$226 / $175Sq Ft:5,342 / 3,423DOM:95 / 8New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $309,967 | $349,900 | $230,000 – $350,000 | $283 / $298 | 1,149 / 1,174 | 10 / 8 | 2 | 3 |
| 3 Beds | $438,518 | $385,000 | $195,000 – $890,000 | $238 / $234 | 1,859 / 1,702 | 49 / 22 | 12 | 68 |
| 4 Beds | $655,707 | $594,900 | $349,900 – $1,395,000 | $220 / $220 | 2,995 / 2,698 | 45 / 28 | 8 | 38 |
| 5 Beds | $658,600 | $684,000 | $335,000 – $1,050,000 | $187 / $189 | 3,481 / 3,040 | 66 / 43 | 0 | 5 |
| 6 Beds | $1,109,500 | $950,000 | $950,000 – $1,269,000 | $226 / $175 | 5,342 / 3,423 | 95 / 8 | 1 | 2 |
Rental Market Overview
Median Rent
$1,910
−5.0%
Median DOM
1
0.0%
New Listings
9
Inventory
23
0.0%
- Average Rent: $2,074
- Median Rent: $1,910
- Rent Range: $850 – $2,950
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,722 / 1,600
- Square Footage Range: 711 – 3,252
- Days on Market (Avg/Median): 11 / 1
- Days on Market Range: 1 – 50
- New Listings: 9
- Total Listings: 23
Rentals by Property Type
Apartment
$1,250
Median DOM: 1
Inventory: 1
MoM: −5.0%
Condo
—
Median DOM: —
Inventory: —
MoM: −5.0%
Single Family
$1,910
Median DOM: 1
Inventory: 22
MoM: −5.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −5.0%
Apartment
Avg/Median Rent$1,250 / $1,250Range$1,250 – $1,250Rent per Sq Ft$1 / $1Sq Ft1,200 / 1,200DOM1 / 1New1Total1
Single Family
Avg/Median Rent$2,112 / $1,910Range$850 – $2,950Rent per Sq Ft$1 / $1Sq Ft1,747 / 1,632DOM12 / 1New8Total22
Rentals by Bedroom Count
1 Beds
Avg:$1,050Median:$850Range:$850 – $1,250PSF:$1 / $0Sq Ft:1,525 / 1,200DOM:1 / 1New:2Total:2
2 Beds
Avg:$2,032Median:$1,895Range:$1,600 – $2,600PSF:$2 / $2Sq Ft:1,138 / 1,200DOM:7 / 3New:1Total:3
3 Beds
Avg:$1,979Median:$1,875Range:$1,749 – $2,550PSF:$1 / $1Sq Ft:1,541 / 1,560DOM:15 / 1New:2Total:12
4 Beds
Avg:$2,505Median:$2,175Range:$2,095 – $2,950PSF:$1 / $1Sq Ft:2,252 / 2,250DOM:16 / 1New:2Total:4
5 Beds
Avg:$2,872Median:$2,845Range:$2,845 – $2,900PSF:$1 / $1Sq Ft:3,085 / 2,918DOM:1 / 1New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,050 | $850 | $850 – $1,250 | $1 / $0 | 1,525 / 1,200 | 1 / 1 | 2 | 2 |
| 2 Beds | $2,032 | $1,895 | $1,600 – $2,600 | $2 / $2 | 1,138 / 1,200 | 7 / 3 | 1 | 3 |
| 3 Beds | $1,979 | $1,875 | $1,749 – $2,550 | $1 / $1 | 1,541 / 1,560 | 15 / 1 | 2 | 12 |
| 4 Beds | $2,505 | $2,175 | $2,095 – $2,950 | $1 / $1 | 2,252 / 2,250 | 16 / 1 | 2 | 4 |
| 5 Beds | $2,872 | $2,845 | $2,845 – $2,900 | $1 / $1 | 3,085 / 2,918 | 1 / 1 | 2 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$435,000Median DOM:54New:27Total:147
Nov 2025
Median Price:$435,000Median DOM:60New:24Total:148
Dec 2025
Median Price:$435,000Median DOM:62New:28Total:132
Jan 2026
Median Price:$410,000Median DOM:56New:36Total:128
Feb 2026
Median Price:$425,000Median DOM:24New:45Total:138
Mar 2026
Median Price:$430,000Median DOM:31New:23Total:138
6-Month Rental Trend
Oct 2025
Median Rent:$2,270Median DOM:1New:13Total:25
Nov 2025
Median Rent:$2,270Median DOM:1New:11Total:26
Dec 2025
Median Rent:$2,325Median DOM:1New:11Total:23
Jan 2026
Median Rent:$2,200Median DOM:1New:12Total:21
Feb 2026
Median Rent:$2,010Median DOM:1New:14Total:23
Mar 2026
Median Rent:$1,910Median DOM:1New:9Total:23
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory was flat.
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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