Wake Forest, NC is a great place to live for those looking for a more affordable housing market. The median value of housing in Wake Forest is $483,600, significantly lower than the US median value of $338,100. In addition, the house appreciation rate in Wake Forest over the last year has been 15.26%, which is much higher than the 8.27% average US appreciation rate. This makes Wake Forest an attractive option for those looking to purchase property and benefit from potential returns on their investment.
The median home cost in Wake Forest is $483,600. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Wake Forest is up 25.0%.
Average Age of Homes
- The median age of Wake Forest real estate is 15 years old
The Rental Market in Wake Forest
- Renters make up 24.6% of the Wake Forest population
- 1.0% of houses and apartments in Wake Forest, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.