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.