Wake County, NC Home Values & Market Trends
The median home price in Wake County, NC is $450,243.02. There were 15,750 home sales in Wake County, NC over the past 12 months. The median residential Wake County, NC home value for transactions over the previous year is $439,393.43. The number of current listings in Wake County, NC is 2,194, and the percentage of properties for sale is 2194.00%. The county has 200 foreclosures, 3 bank owned properties, 44 headed for auction, and 2,194 properties for sale.
Wake County, NC Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Raleigh | $ 427,649 $ 225/sqft | Zebulon | $ 375,213 $ 176/sqft |
Cary | $ 634,436 $ 247/sqft | Wendell | $ 366,411 $ 203/sqft |
Wake Forest | $ 500,526 $ 211/sqft | Knightdale | $ 398,415 $ 192/sqft |
Fuquay Varina | $ 431,011 $ 206/sqft | Morrisville | $ 499,071 $ 242/sqft |
Apex | $ 594,084 $ 240/sqft | Willow Spring | $ 409,743 $ 193/sqft |
Holly Springs | $ 608,841 $ 215/sqft | Rolesville | $ 455,000 $ 183/sqft |
Garner | $ 373,450 $ 190/sqft | New Hill | $ 650,000 $ 224/sqft |
Housing Market Summary for Wake County, NC
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $489.8K | $446.6K | -8.82% |
Median Sold Price | $444K | $446.6K | 0.59% |
Homes For Sale | 1,372 | 1,616 | 17.78% |
Homes Sold | 7,512 | 6,184 | -17.68% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Wake County, NC
Browse Homes in Wake County, NC
Wake County, NC home values range from $21,516 to $69,377,071. Cary is the priciest city with a median listing home price of $675,000, and Wendell is most affordable with average house prices of around $375,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Wake County, NC with Raleigh containing 81 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Wake County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,350,000 in New Hill to the lowest home value of $147,222 in Raleigh.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Wake County, NC ranges from the highest value of $304,710 in Wake Forest to the lowest value of $265,200 in Raleigh. Bank owned homes and properties account for 0.00% of properties in Wake County, NC. There are 14 cities within Wake County, NC; Raleigh containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRaleigh has 27 auction properties, the highest number of properties going to auction in a single city in the state of Wake County, NC. Auction homes and other auction properties account for 0.01% of all properties in Wake County, NC. There are 14 cities within Wake County, NC; of those cities, the median estimated home value for homes going to auction ranges from $869,476 in Holly Springs to the lowest value of $144,443 in Holly Springs.
Compare Nearby Cities
More Real Estate Resources for Wake County, NC
Guide for Wake County, NC
North Carolina Foreclosure Laws
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