Wake County, NC Housing Market Brief
county · NC · score computed October 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.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Wake County, NC in its market cycle?
Wake County, NC is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Wake County, NC?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Wake County, NC housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $464K | ▼ -0.2% | Redfin |
| Median Days on Market | 47 days | ▲ +6.8% | Redfin |
| Months of Supply | 4.0 | ▲ +14.3% | Redfin |
| Homes for Sale | 5,336 | ▲ +10.2% | Redfin |
| Homes Sold | 1,342 | ▼ -2.7% | Redfin |
| Median Price / Sq Ft | $219 | ▼ -1% | Redfin |
How has Wake County, NC’s Alpha Score moved?
Markets like Wake County, NC
- Minnehaha County, SD, SDcounty52
- Fulton County, GA, GAcounty48
- Lancaster County, SC, SCcounty46
- Wilson County, TN, TNcounty48
- Johnston County, NC, NCcounty51
- Franklin County, NC, NCcounty53
- York County, SC, SCcounty53
- Hall County, GA, GAcounty52
- Dallas County, IA, IAcounty54
- Rutherford County, TN, TNcounty46
Frequently asked questions
Is Wake County, NC a buyer's or seller's market?
In the scores computed October 2026, Wake County, NC is classified as a Balanced Market, based on its Alpha Score of 50 out of 100. The classification reflects current price, building, 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 $464K, having held roughly steady over the past year, according to Redfin.
How affordable is Wake County, NC?
Wake County, NC scores 13 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 Inventory Health (95/100) and its weakest is Affordability (13/100). 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.