Home / Select Cities  /  2024 Comparing Wake Forest, NC vs. Raleigh, NC

2024 Compare Cities Housing:
Wake Forest, NC vs Raleigh, NC

Change Cities
Highlights
- The median age of a home in Wake Forest is 68.8% younger than the median age of a home in Raleigh.

Housing
 Wake Forest, NCRaleigh, NCUnited States
 Median Home Age162742
 Median Home Cost$483,600$427,000$338,100
 Home Appr. Last 12 months25.0%23.6%16.6%
 Home Appr. Last 5 yrs.72.1%70.7%57.0%
 Home Appr. Last 10 yrs.108.1%122.8%101.1%
 Property Tax Rate$10.2$8.9$11.0
 Homes Owned68.3%46.7%57.4%
 Housing Vacant4.2%9.4%11.2%
 Homes Rented27.5%43.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Wake Forest, NCRaleigh, NCUnited States
 Average Rent$1,710$1,750$1,840
 Studio Apartment$1,210$1,240$1,080
 1 Bedroom Home or Apartment$1,250$1,280$1,180
 2 Bedroom Home or Apartment$1,410$1,450$1,430
 3 Bedroom Home or Apartment$1,730$1,780$1,860
 4 Bedroom Home or Apartment$2,290$2,350$2,160
 space1
 Vacant Housing
 Wake Forest, NCRaleigh, NCUnited States
 Vacant For Rent1.0%3.3%1.9%
 Vacant Rented0.4%2.2%0.4%
 Vacant For Sale0.6%0.5%0.7%
 Vacant Sold0.4%0.6%0.4%
 Vacant Vacation1.0%0.5%3.6%
 Vacant Other0.7%2.3%4.1%
 space2
 Owner-Occupied Housing Value
 Wake Forest, NCRaleigh, NCUnited States
 Less Than $20,0001.2%1.4%2.6%
 $20,000 to $39,9990.6%0.5%2.4%
 $40,000 to $59,9990.4%0.6%2.8%
 $60,000 to $79,9990.7%0.5%3.9%
 $80,000 to $99,9990.7%0.8%4.5%
 $100,000 to $149,9993.6%6.6%11.3%
 $150,000 to $199,9997.6%15.0%13.0%
 $200,000 to $299,99926.2%28.3%20.1%
 $300,000 to $399,99931.8%18.3%13.6%
 $400,000 to $499,99917.0%11.0%8.3%
 $500,000 to $749,9997.8%10.2%9.7%
 $750,000 to $999,9992.1%4.0%3.9%
 $1,000,000 to $1,499,9990.2%1.9%2.2%
 $1,500,000 to $1,999,9990.0%0.5%0.8%
 $2,000,000 and over0.1%0.3%1.1%
 space3
 Housing Units By Year Built
 Wake Forest, NCRaleigh, NCUnited States
 2015 and Newer0.5%0.3%0.2%
 2010 to 201435.4%23.4%13.6%
 2000 to 200935.4%23.4%13.6%
 1990 to 199916.1%18.5%13.6%
 1980 to 19896.4%16.8%13.2%
 1970 to 19793.6%9.9%14.8%
 1960 to 196916.1%18.5%13.6%
 1950 to 19590.9%4.2%10.0%
 1940 to 19491.0%1.6%4.7%
 1939 or Earlier1.7%3.1%12.2%

View More Data >

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

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 1 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

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Wake Forest, North Carolina Cost of Living vs Raleigh, North Carolina Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN WAKE FOREST, NORTH CAROLINA
27587
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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.

Try Now