Wake County, NC home prices
Wake County, NC: the typical home is worth $482,888 as of 2026-05, down -2.2% over the past year and +151.6% since 2000. Listings run about $231/sq ft…
Wake County is falling and overvalued — affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1975: $50,634 → 2026: $482,888 (9.5×) pre-2000 estimated via FHFA index
Market read
At $482,888, homes in Wake County sit 75% above the North Carolina median ($275,414) and 106% above the US median ($233,954). That ranks #6 of 100 North Carolina counties by price.
Prices are cooling (-2.2% in the last year) — leaning buyer's market.
Homes here move at a steady pace — a median 48 days on the market, with 23% of listings cutting their asking price.
At 4.7× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~31% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$2,384/mo (P&I, 20% down) vs $1,679/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Durham County, NC ($400,425) · Johnston County, NC ($344,953) · Franklin County, NC ($364,197) · Harnett County, NC ($297,504) · Orange County, NC ($512,580) · Chatham County, NC ($565,937)
Frequently asked questions
What is the average home price in Wake County, NC?
Are home prices in Wake County rising or falling?
Is Wake County affordable?
What is the rental yield in Wake County?
How fast do homes sell in Wake County?
| Year | Median home value |
|---|---|
| 2000 | $191,958 |
| 2001 | $198,429 |
| 2002 | $202,613 |
| 2003 | $205,320 |
| 2004 | $208,562 |
| 2005 | $214,373 |
| 2006 | $226,277 |
| 2007 | $240,517 |
| 2008 | $250,963 |
| 2009 | $241,279 |
| 2010 | $235,001 |
| 2011 | $228,800 |
| 2012 | $218,003 |
| 2013 | $222,772 |
| 2014 | $235,439 |
| 2015 | $247,621 |
| 2016 | $266,539 |
| 2017 | $283,286 |
| 2018 | $297,781 |
| 2019 | $312,606 |
| 2020 | $324,749 |
| 2021 | $350,865 |
| 2022 | $439,352 |
| 2023 | $479,452 |
| 2024 | $490,117 |
| 2025 | $498,664 |
| 2026 | $486,077 |