Wake County, NC Housing Market Brief
county · NC · as of August 2026
What is Wake County, NC’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Wake County, NC in its market cycle?
Wake County, NC is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Wake County, NC?
Our model forecasts Wake County, NC’s home prices to rise about 2.2% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Wake County, NC housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $489K | ▼ -0.7% |
| Median Days on Market | 38 days | ▲ +18.8% |
| Months of Supply | 3.6 | ▲ +20% |
| Homes for Sale | 5,317 | ▲ +5.7% |
| Homes Sold | 1,542 | ▼ -10.4% |
| Median Price / Sq Ft | $224 | ▲ +0.2% |
How has Wake County, NC’s Alpha Score moved?
Markets like Wake County, NC
Frequently asked questions
Is Wake County, NC a buyer's or seller's market?
As of August 2026, Wake County, NC is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Wake County, NC?
The median sale price in Wake County, NC is $489K, having fallen 0.7% over the past year.
How affordable is Wake County, NC?
Wake County, NC scores 37 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Wake County, NC's Alpha Score?
Wake County, NC's strongest dimension is Economic Strength (81/100) and its weakest is Rental Yield (29/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Wake County, NC? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.