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2025 Compare Cities Housing:
Parsippany-Troy Hills, NJ vs Wake Forest, NC

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Highlights
- The median age of a home in Parsippany-Troy Hills is 69.2% older than the median age of a home in Wake Forest.
 Parsippany-Troy Hills, NJWake Forest, NCUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$483,600$338,100
 Home Appr. Last 12 months13.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock72.1%57.0%
 Home Appr. Last 10 yrs.61.1%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned57.7%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented39.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Parsippany-Troy Hills, NJWake Forest, NCUnited States
 Average Rent  Unlock$1,710$1,840
 Studio Apartment$1,320  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,250$1,180
 2 Bedroom Home or Apartment$1,880  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,730$1,860
 4 Bedroom Home or Apartment$2,800  Unlock$2,160
 space1
 Vacant Housing
 Parsippany-Troy Hills, NJWake Forest, NCUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other0.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Parsippany-Troy Hills, NJWake Forest, NCUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9990.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9990.2%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,9992.0%  Unlock11.3%
 $150,000 to $199,999  Unlock7.6%13.0%
 $200,000 to $299,9999.0%  Unlock20.1%
 $300,000 to $399,999  Unlock31.8%13.6%
 $400,000 to $499,99927.3%  Unlock8.3%
 $500,000 to $749,999  Unlock7.8%9.7%
 $750,000 to $999,9992.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Parsippany-Troy Hills, NJWake Forest, NCUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock35.4%13.6%
 2000 to 20095.6%  Unlock13.6%
 1990 to 1999  Unlock16.1%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock3.6%14.8%
 1960 to 19698.3%  Unlock13.6%
 1950 to 1959  Unlock0.9%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock1.7%12.2%
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Reviews for Parsippany-Troy Hills    1 Reviews
Bp · Whippany, NJ
Why Parsippany, New Jersey is a great place to liv
Over 14 years ago

Parsippany, NJ is one of the most desirable towns to live in Morris County for many reasons. -The location of Parsippany is perfect for NYC commuters -There are  More

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Reviews for Wake Forest    5 Reviews
justin · Aurora, CO
Is wake forest a good place to live?
Over 11 years ago

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Laura · Wake Forest, NC
Loving Life In Wake Forest, NC
Over 11 years ago

Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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Claudia · Wake Forest, NC
Great Place to Work and Live, BUT...
Over 15 years ago

The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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Learn More About Parsippany-Troy Hills, New Jersey
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Learn More About Wake Forest, North Carolina
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