What are current home values in Wake County, NC?

The median home value in Wake County, NC is $481,361 as of July 2026. This represents a 0.2% decrease compared to last month and a 2.0% decrease year-over-year.

How do home values in Wake County, NC compare to North Carolina and the national average?

The median home value in Wake County, NC ($481,361) compares to North Carolina ($338,359) and the U.S. national median ($371,774).

What are the top cities in Wake County, NC by home value?

The cities with the highest median home values in Wake County, NC include: Cary ($631,158), Apex ($603,237), Holly Springs ($583,189), Wake Forest ($515,729), Rolesville ($501,211). These cities represent the most expensive areas within the county.

Wake County, NC Housing Market

$481,361

2.0% 1-yr

The average Wake County, NC home value is $481,361, down 2.0% over the past year, and homes go to pending in around 22 days. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Wake County Key Takeaways

Typical Home Values: $481,361

1-Year Value Change: -2%

(Data through July 31, 2026)

Wake County Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 4,799 (July 31, 2026)

New Listings: 1,585 (July 31, 2026)

Median Sale to List Ratio: 0.991 (June 30, 2026)

Median Sale Price: $492,917 (June 30, 2026)

Median List Price: $476,667 (July 31, 2026)

Percent of Sales Over List Price: 25.9% (June 30, 2026)

Percent of Sales Under List Price: 56.9% (June 30, 2026)

Median Days to Pending: 22 (July 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Cities in Wake County

NameMedian ZHVI
Raleigh$435,237
Cary$628,913
Knightdale$370,252
Garner$385,396
Morrisville$478,096
Rolesville$499,850
Wake Forest$513,720
Apex$601,962
Wendell$372,189

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Wake County Homes for Sale

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Wake County Rental Market Trends

Average Rent: $1,672 (July 31, 2026)

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: 0.3% (July 31, 2026)

Year-Over-Year Change: 0.5% (July 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.