Wake County, NC Real Estate & Property Data

Wake County Real Estate Market Trends
Last Updated: April 27, 2024

With up-to-date real estate data get detailed insight into Wake County, NC sourced from the nation’s leading property data provider. The current median home price in Wake County, NC is $485,250. Wake County real estate data shows that there have been a total of 17,037 residential properties sold over the past 12 months. ATTOM’s Wake County real estate data indicates that the county has 62 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Wake County Real Estate Market Trends
Total Residential Properties 358,294
Total Commercial Properties 13,147
Avg. Home Age (Single Family Home) 30 Years
Avg. Square Feet (Single Family Home) 2,414
Total 2024 Residential Sales (year-to-date) 2,090
% of Homes Seriously Underwater (Q2 2024) 0.54%
Total 2023 Residential Sales 15,955
% of Equity Rich Homes (Q2 2024) 45.01%
Effective 2023 Property Tax 0.67%
Total Foreclosure Filings (year-to-date) 103
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Wake County, NC Real Estate Overview

There were 17,037 residential properties sold in the past year in Wake County, NC. The median home value in Wake County, NC is $450,288. There are a total of 358,294 residential properties in the Wake.

Median Sales Price i
$485,250
(Feb 2024)
+1.1%
year-over-year
y-o-y
  • February '24 Feb '24 $485,250
  • January '24 Jan '24 $489,500
  • December '23 Dec '23 $521,500
  • November '23 Nov '23 $510,000
  • October '23 Oct '23 $527,500
  • September '23 Sep '23 $497,000
  • August '23 Aug '23 $530,000
  • July '23 Jul '23 $531,000
  • June '23 Jun '23 $530,000
  • May '23 May '23 $515,500
  • April '23 Apr '23 $484,000
  • March '23 Mar '23 $465,000
Median Down Payment i
$79,103
(Feb 2024)
-9.1%
year-over-year
y-o-y
  • February '24 Feb '24 $79,103
  • January '24 Jan '24 $84,450
  • December '23 Dec '23 $100,000
  • November '23 Nov '23 $100,000
  • October '23 Oct '23 $106,500
  • September '23 Sep '23 $99,700
  • August '23 Aug '23 $102,200
  • July '23 Jul '23 $102,800
  • June '23 Jun '23 $103,750
  • May '23 May '23 $97,000
  • April '23 Apr '23 $84,630
  • March '23 Mar '23 $80,000
Number of Homes Sold i
1,147
(Feb 2024)
-8.1%
year-over-year
y-o-y
  • February '24 Feb '24 1,147
  • January '24 Jan '24 943
  • December '23 Dec '23 896
  • November '23 Nov '23 1,176
  • October '23 Oct '23 1,155
  • September '23 Sep '23 1,190
  • August '23 Aug '23 1,502
  • July '23 Jul '23 1,420
  • June '23 Jun '23 1,559
  • May '23 May '23 1,602
  • April '23 Apr '23 1,493
  • March '23 Mar '23 1,706
Number of Purchase Loans i
983
(Feb 2024)
-16.7%
year-over-year
y-o-y
  • February '24 Feb '24 983
  • January '24 Jan '24 803
  • December '23 Dec '23 871
  • November '23 Nov '23 1,003
  • October '23 Oct '23 995
  • September '23 Sep '23 1,047
  • August '23 Aug '23 1,338
  • July '23 Jul '23 1,348
  • June '23 Jun '23 1,376
  • May '23 May '23 1,468
  • April '23 Apr '23 1,485
  • March '23 Mar '23 1,730
Number of REFI Loans i
452
(Feb 2024)
+21.2%
year-over-year
y-o-y
  • February '24 Feb '24 452
  • January '24 Jan '24 419
  • December '23 Dec '23 352
  • November '23 Nov '23 371
  • October '23 Oct '23 504
  • September '23 Sep '23 492
  • August '23 Aug '23 557
  • July '23 Jul '23 490
  • June '23 Jun '23 501
  • May '23 May '23 459
  • April '23 Apr '23 438
  • March '23 Mar '23 535
Number of HELOC Loans i
516
(Feb 2024)
-22.1%
year-over-year
y-o-y
  • February '24 Feb '24 516
  • January '24 Jan '24 476
  • December '23 Dec '23 465
  • November '23 Nov '23 576
  • October '23 Oct '23 655
  • September '23 Sep '23 641
  • August '23 Aug '23 810
  • July '23 Jul '23 633
  • June '23 Jun '23 747
  • May '23 May '23 803
  • April '23 Apr '23 698
  • March '23 Mar '23 801

Wake County, NC Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Wake County, NC Foreclosure Activity

There were a total of 62 Wake County, NC properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 47 Wake County, NC properties and repossessed 1 Wake County, NC properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
62
(Feb 2024)
+59%
year-over-year
y-o-y
  • February '24 Feb '24 62
  • January '24 Jan '24 41
  • December '23 Dec '23 54
  • November '23 Nov '23 45
  • October '23 Oct '23 48
  • September '23 Sep '23 57
  • August '23 Aug '23 70
  • July '23 Jul '23 39
  • June '23 Jun '23 58
  • May '23 May '23 53
  • April '23 Apr '23 77
  • March '23 Mar '23 48
Foreclosure Starts i
47
(Feb 2024)
+62.1%
year-over-year
y-o-y
  • February '24 Feb '24 47
  • January '24 Jan '24 28
  • December '23 Dec '23 42
  • November '23 Nov '23 28
  • October '23 Oct '23 33
  • September '23 Sep '23 45
  • August '23 Aug '23 56
  • July '23 Jul '23 23
  • June '23 Jun '23 48
  • May '23 May '23 39
  • April '23 Apr '23 66
  • March '23 Mar '23 34
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 4
  • July '23 Jul '23 1
  • June '23 Jun '23 4
  • May '23 May '23 4
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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