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Know your local market:

Wake County, North Carolina

Wake County, North Carolina, is home to the most considerable portion of the state’s population. Wake County is also home to Raleigh, the state capital. Wake is one of the fastest-growing areas in the country. Raleigh ranked as the 10th highest metro area for growth in 2020, with an increase of 28,000 new residents between July 2021 and July 2021.

About Wake County

Wake County spans 857 square miles. Situated in northeast North Carolina, Wake is part of a geographic fall line. This means that it marks the beginning of inland elevations high enough to produce waterfalls in bodies of water. Wake is a photogenic area of the state with lots of rolling hills. Atlantic Beach is located three hours west of Wake County, and a quick four-hour drive east will get you to the Great Smokey Mountains.

Wake County has four distinct seasons, though the winters are warmer and wetter rather than snowy. The average low in the winter is 30 degrees Fahrenheit, while summer highs average in the low 90s. Wake County sees an average of 46 inches of rain and 4 inches of snow per year. While the temperatures are moderate in Wake County, the humidity can be intense, especially in summer. Between June and August, the average humidity sits near 70%.

Housing Market Trends in Wake County, North Carolina

Wake County home prices were up from the same time in 2020. The average sales price for a home in Wake County is $432,500, with most homes sitting on the market for around 32 days. At this same time last year, the average sales price for a home in Wake County was $355,000, and homes stayed on the market for 44 days.

The Sales prices for homes in Wake County have increased substantially since the same time in 2017. Five years ago, the average sales price in Wake County was $266,000, and homes stayed on the market for 64 days.

With moderate temperatures and little snow, the weather isn’t a factor in home sales. There is a significant dip in the number of homes sales in January and a sizable increase in sales in June, July, and August.

What does Wake County Have to Offer?

Wake County’s temperate climate provides a great backdrop to various activities and events. Whether you enjoy spending time exploring historical sites, walking trails, or taking in a major sporting event, there’s plenty to see and do, including:

Outdoor Activities:

  • William B. Umstead State Park
  • Pullen Park
  • JC Raulston Arboretum
  • Neuse River Trail
  • Dorothea Dix Park
  • Lake Johnson Park
  • Hemlock Bluffs Nature Preserve
  • Lake Crabtree County Park
  • Apex Community Park
  • Shelley Lake
  • Symphony Lake Greenway
  • Bass Lake Park

Museums and Zoos

  • North Carolina Museum of Art
  • North Carolina Museum of Natural Sciences
  • Marbles Kids Museum
  • CAM Raleigh
  • Gregg Museum of Art and Design
  • New Hope Valley Railway
  • Pope House Museum
  • Ann and Jim Goodnight Museum Park
  • Prairie Ridge Eco station

Sports

  • NHL: North Carolina Hurricanes
  • North Carolina State University Wolfpack (football and basketball games)
  • North Carolina FC (pro soccer)
  • Baseball: Carolina Mudcats
  • Reynolds Coliseum (hosts events like gymnastics regionals etc.)
  • PNC Arena
  • Wake County Speedway

Shopping and Entertainment

  • Frankies of Raleigh
  • Koka Booth Amphitheatre
  • Coastal Credit Union Music Park at Walnut Creek
  • North Carolina State Farmers Public Market
  • Fayetteville Street
  • TreeRunner Adventure Park
  • Adventure Landing

Government and Historical Sites

  • Historic Yates Mill County Park
  • North Carolina State capital
  • Joel Lane Museum House
  • North Carolina Executive Mansion
  • Mordecai Historical Park
  • Historic Oak View County Park

Hospitals in Wake County, North Carolina

Wake County has several major hospitals, including:

Universities and Colleges

Wake is home to several colleges and universities, including:

  • North Carolina State University
  • Wake Technical College
  • Saint Augustine’s University
  • Central Carolina Community College
  • Shaw University
  • Southeastern Baptist Theological Seminary
  • North Carolina Central University
  • Campbell University
  • William Peace University
  • North Carolina Wesleyan College
  • Meredith College

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If you need to sell your property because you need cash fast, inherited a property, downsizing, going through retirement, or selling because of a divorce these are the key things to consider when selling in Fayetteville.

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Further Reading

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