Wake County, NC Housing

Wake, NC County has seen a significant increase in housing median value over the past year. The county's median value is currently at $434,100, which is much larger than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate is 8.27% compared to Wake, NC County's 15.04% house appreciation rate for the same time period. This indicates that Wake, NC County has experienced a robust growth in its housing market over the past year.

The median home cost in Wake County is $434,100. Home appreciation the last 10 years has been 115.4%. Home Appreciation in Wake County is up 24.3%.

Average Age of Homes

- The median age of Wake County real estate is 23 years old

The Rental Market in Wake County

- Renters make up 32.4% of the Wake County population
- 2.4% of houses and apartments in Wake County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wake, North Carolina	United States
	454,672.0	139,647,020.0
	24	42
	$434,100	$338,100
	24.3%	16.6%
	71.4%	57.0%
	115.4%	101.1%
	$8.22	$10.98
	$2,668	$2,690
	59.7%	57.4%
	7.2%	11.2%
	33.1%	31.4%
Vacant Housing
	2.4%	1.9%
	1.3%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.6%	2.4%
	0.5%	2.8%
	0.6%	3.9%
	0.8%	4.5%
	5.3%	11.3%
	10.7%	13.0%
	24.2%	20.1%
	22.5%	13.6%
	14.6%	8.3%
	12.8%	9.7%
	3.5%	3.9%
	1.4%	2.2%
	0.4%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	24.3%	13.6%
	24.3%	13.6%
	21.3%	13.6%
	15.2%	13.2%
	8.8%	14.8%
	21.3%	13.6%
	3.1%	10.0%
	1.1%	4.7%
	2.1%	12.2%

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