2025 Compare Cities Housing:
Raleigh, NC vs Wake Forest, NC

Change Cities
Highlights
- The median age of a home in Raleigh is 40.7% older than the median age of a home in Wake Forest.
 Raleigh, NCWake Forest, NCUnited States
 Median Home Age27  Unlock42
 Median Home Cost  Unlock$483,600$338,100
 Home Appr. Last 12 months23.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock72.1%57.0%
 Home Appr. Last 10 yrs.122.8%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned46.7%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented43.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Raleigh, NCWake Forest, NCUnited States
 Average Rent  Unlock$1,710$1,840
 Studio Apartment$1,240  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,250$1,180
 2 Bedroom Home or Apartment$1,450  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,730$1,860
 4 Bedroom Home or Apartment$2,350  Unlock$2,160
 space1
 Vacant Housing
 Raleigh, NCWake Forest, NCUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented2.2%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other2.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Raleigh, NCWake Forest, NCUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9990.5%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,9996.6%  Unlock11.3%
 $150,000 to $199,999  Unlock7.6%13.0%
 $200,000 to $299,99928.3%  Unlock20.1%
 $300,000 to $399,999  Unlock31.8%13.6%
 $400,000 to $499,99911.0%  Unlock8.3%
 $500,000 to $749,999  Unlock7.8%9.7%
 $750,000 to $999,9994.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Raleigh, NCWake Forest, NCUnited States
 2015 and Newer0.3%  Unlock0.2%
 2010 to 2014  Unlock35.4%13.6%
 2000 to 200923.4%  Unlock13.6%
 1990 to 1999  Unlock16.1%13.6%
 1980 to 198916.8%  Unlock13.2%
 1970 to 1979  Unlock3.6%14.8%
 1960 to 196918.5%  Unlock13.6%
 1950 to 1959  Unlock0.9%10.0%
 1940 to 19491.6%  Unlock4.7%
 1939 or Earlier  Unlock1.7%12.2%
Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

   |    Reply

Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

   |    Reply

Over 2 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

   |    Reply

Start Your Review of Raleigh

Reviews for Wake Forest    5 Reviews

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Wake Forest


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.