Real Estate Prices in Wake County NC
Finding the Most Affordable Area of Wake County
Raleigh, NC sits in the heart of Wake County. As one point of the Triangle, Raleigh offers tremendous cultural experiences, great jobs, and much more. Raleigh has been rated a Top 10 Best Place to Live over and over again.
So how much does it cost to live in the Raleigh, NC area?
We took a quick look at some sales numbers from June-August of 2008, to help find a comparitive cost for homes in the Raleigh area. This is specific to Wake County, NC only.
Overall, this gives a good picture of the comparitive costs of each of the towns within Wake County, including Apex, Cary, Fuquay-Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Wake Forest, Wendell, and Willow Spring.
While you may find a brand-new home in Cary with 2759 square feet and all the trimmings for $355,869, there's a few factors to keep in mind:
- Sales of land (with no home) are included in the total average sales price.
- Sales of townhomes, condos, and duplexes are included in these averages.
- Sales of older homes (a large percentage of homes were built before 1990) are included in these averages.
In Wake Forest, for example, there are quite a few luxury home communities, which pulls the average price up.
However, there are also some great opportunities for homes in the $200s and even $100s - it all depends on what the buyer is looking for.
There are other factors to consider, such as amenities, shopping, schools, commute distance, size of lot, and surrounding neighborhoods. And even within a single town, there are a great variety of different neighborhoods with different amenities and features.
A town like Knightdale may have more "starter" communities, while Cary and North Raleigh offer more "luxury" communities.
You may also be interested in:
Wake County New Home Communities
Wake County NC Property Tax Rates 2011
Build On Your Lot in Raleigh, NC
Accessible Homes NC – Accessible Builders in Raleigh
Acreage Lots for Sale Raleigh, NC
Raleigh, NC New Home Lots and Land
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