47Alpha

Wake County, NC Housing Market Brief

county · NC · as of May 2026

Balanced

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.

Price Momentum20%
-0.936
Inventory Health25%
+7.550
Affordability20%
13
Economic Strength20%
87
Rental Yield15%
45

Where is Wake County, NC in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Wake County, NC is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Wake County, NC housing market data

MetricValueYoY
Median Sale Price$483K-1.3%
Median Days on Market30 days-9.1%
Months of Supply2.8-3.4%
Homes for Sale4,641-2%
Homes Sold1,643-0.6%
Median Price / Sq Ft$225-1.8%
Sale-to-List Ratio99.1%-0.1%

How has Wake County, NC’s Alpha Score moved?

Now: 47
3-period trend
Median sale price · 12 mo

Markets like Wake County, NC

Frequently asked questions

Is Wake County, NC a buyer's or seller's market?

As of May 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 $483K, having fallen 1.3% over the past year.

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 Economic Strength (87/100) 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.