Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
137 Wake Forest, NC 27587, USA apartments for sale
Wake Forest
According to statistics, the population in Wake Forest, NC amounts to 38,473, which shows growth 5% compared to the previous year. The median age of the city’s residents is 36. The average household income is $85,155, shifting growth 5% from the past year, and the average property value in Wake Forest, NC growth 3% to $278,600 throughout the year.
| Population | 38,473 |
| Median Age | 35.7 |
| Poverty Rate | 6% |
| Household Income | $85,155 |
| Number Of Employees | 18,183 |
| Median Property Value | $278,600 |
Household Income
The average household income in Wake Forest, NC grew from $81,200 to $85,155 in the past year. This data is an estimate based upon 13,238 households in Wake Forest, NC . The chart below presents how household income is distributed in Wake Forest, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Wake Forest, NC shifted from $270,300 to $278,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Wake Forest, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Wake Forest, NC properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Wake Forest, NC compared to median property taxes around the country. The prevalent amount of property taxes in Wake Forest, NC equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Wake Forest, NC 27587, USA
Average sale in Wake Forest: $605,992 (-0.7%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $135,000 | N/A |
| 2 bed for sale | $502,044 | +46% |
| 3 bed for sale | $462,346 | +2.3% |
| 4+ bed for sale | $715,805 | -0.1% |
During Jul 2022, the average price for an apartment in/near Wake Forest, NC decreased by 0.7% to $605,992.
Asking price for 2-bed apartment also increased by 46% and a place of this size will now cost you $502,044. A 3-bed apartment goes for $462,346, it increased by 2.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.1% and made it down to $715,805.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Townhouses for sale | $370,817 | -5.2% |
| Apartments for sale | $135,000 | N/A |
| Houses for sale | $635,022 | -0.5% |
| Condos for sale | $404,340 | -0.2% |
| Land for sale | $416,000 | N/A |
| Other for sale | $475,000 | N/A |
While assessing the property pricing Wake Forest, NC, you can note that it remains flat with a price tag of $135,000. Price reports demonstrate that house price decreased by 0.5% this month making it up to $635,022. Condos faced an upward trend these days. The median price for a condo decreased by 0.2%, it’s now available for $404,340. The property value of townhouses decreased by 5.2%, you’ll have to spend around $370,817 to get one.