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NC area data

Wake forest, NC

Wake forest, NC.

Population: 82,886 (Census ACS)

Home values & appreciation

Median home value
$514,232
1-year appreciation
-1.1%
3-year appreciation
-0.3%
5-year appreciation
+24.4%
10-year appreciation
+69.7%
All-time peak (2022-08)
$534,496
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$360,000
Median list price
$349,900
Median days on market
170 days
Sale-to-list ratio
100.2%
Active listings
6
1-year forecast
+0.1%
Days to pending
49 days
New listings (monthly)
153

Rents

Typical rent
$1,797/mo
1-year rent change
+2.1%
1BR fair-market rent
$1,600/mo
3BR fair-market rent
$2,210/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
14
Elementary schools
8
Middle schools
2
High schools
3
Charter schools
5

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hail, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
63.0°F
Average high
72.0°F
Average low
54.0°F
Annual precipitation
42.5 in
Annual snowfall
1.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
190

Walkability & transit

Walkability index
8.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Riley Field (12 mi)
Nearest major airport
Raleigh-Durham International Airport (RDU) (15 mi)
Hospitals nearby (~15 mi)
7
Avg hospital rating
4.3 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+2,663 tax filers

Housing stock

Median year housing built
2,006
Median annual property tax
$3,498
Mean commute to work
21 min
Households with broadband internet
88.3%

Employment & development

Total county employment
555,964
Average weekly wage
$1,452
Top industries (by employment)
Professional Services, Health Care, Accommodation & Food
Annual residential building permits (county)
9,552

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents