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TypicalCost

Typical Cost of a House in Wake County, North Carolina

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The median home value in Wake County is $461,300, measured over 2020–2024. That is 59.7% above the North Carolina median of $288,900. Half of owner-occupied homes are valued above that figure and half below.

Median home value

$461,300

2020–2024, give or take $3,848

Against North Carolina

+59.7%

AboveNorth Carolina $288,900

Against the U.S.

+38.7%

AboveU.S. $332,700

Monthly housing costs in Wake County

What households actually pay each month, for those who own with a mortgage and those who rent, compared with North Carolina as a whole.

Owning with a mortgage

$2,113a month

+29.6%North Carolina $1,631

Median of mortgage payments, property taxes, insurance, utilities and fees together.

Renting

$1,623a month

+32.2%North Carolina $1,228

Median gross rent: the rent itself plus utilities the renter pays.

Where Wake County sits among North Carolina's counties

Each tick is one county's median home value. The highlighted band holds the middle half of them, and the dark line is the median. Wake County is the 1st highest of 100.

Across 100 counties in North Carolina the median home value ranged from $94,500 to $461,300. The typical band runs from $168,750 to $284,375, with a median of $219,700. Wake County is at $461,300.

What this figure is

It is not a sale price. The Census Bureau asks homeowners what they think their home would sell for, and this is the middle answer for owner-occupied homes in Wake County. It covers every kind of home people own and live in, so the price of a particular house on the market can be far from it.

The figure describes the whole of 2020–2024, not a single year, and it is not adjusted for price changes since then. The smaller a county, the fewer households the survey reaches and the less exact its estimate: here the true value is very likely within $3,848 of the one shown.

Common questions

How much does a house cost in Wake County, North Carolina?

The median home value in Wake County, North Carolina is $461,300, from Census Bureau survey data for 2020–2024. Half of owner-occupied homes are valued above that and half below.

What is the average home price in Wake County, North Carolina?

The Census Bureau publishes a median rather than an average: $461,300 for 2020–2024. It is what owners estimate their homes would sell for, not a record of recent sale prices.

How much is a monthly mortgage payment in Wake County, North Carolina?

Homeowners with a mortgage in Wake County, North Carolina pay a median of $2,113 a month. That covers the mortgage payment together with property taxes, insurance and utilities.

What is the average rent in Wake County, North Carolina?

Median gross rent in Wake County, North Carolina is $1,623 a month for 2020–2024. Gross rent is the rent itself plus the utilities the renter pays.

Are homes in Wake County, North Carolina expensive compared with other places?

Wake County has the 1st highest median home value of the 100 counties in North Carolina with a published figure, 59.7% above the North Carolina median of $288,900.

Source

U.S. Census Bureau

American Community Survey 5-Year Estimates, 2020–2024, tables B25077, B25064 and B25088. Retrieved on October 6, 2026.

About the American Community Survey

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2020–2024.

Other counties in North Carolina

The percentage compares each county with the North Carolina median.