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Wake County, NC Real Estate Report Card November 2020

The Wake County Real Estate Report Card is produced by the Martini Mortgage Group at Benchmark Mortgage monthly to provide a glimpse of key data points that one who is thinking of buying a home, one that owns a home or one that works in the real estate arena in Wake County, NC should know put the real estate market. Wake County, NC is made up of twelve cities, communities and towns and they are: Apex, Cary, Fuquay-Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, Wendel and Zebulon.

Wake County, NC Median Home Price

In November, the median home price in Wake County, NC is $311,322.

Wake County, NC Forecasted Appreciation

The 1-year appreciation percentage in Wake County, NC is forecasted at 3.79%.  Based on this data, in 12-months the median prices is forecasted to appreciate $11,806 to $323,128.

The 5-year cumulative appreciation percentage in Wake County, NC is forecasted at 21.27%.  Based on this data, in 60-months the median prices is forecasted to appreciate $66,228 to $377,550.

Wake County, NC Facts

The population of Wake County, NC is over 1.1 million and grows daily to the tune of 56 new residents each day.  Currently there are over 400,000 renters in Wake County, NC and over 25% of those that renters can afford to purchase a home and secure a mortgage. The national average household income is $55,079 however in Wake County, NC the median household income is $81,696. 

Raleigh / Wake County, NC Rankings

#2 Best City to Drive in the U.S. (Raleigh, NC) WalletHub | 9/2020

#10 Top Hottest Zip Code in the United States (Raleigh, NC – 27604) Realtor.com | 8/2020

Top 25 Best Place to Retire in 2020 (Raleigh, NC) Forbes | 8/2020

#10 Best State Capital to Live In (Raleigh, NC) SmartAssets | 7/2020

#3 City for Millennials to Work Remotely (Raleigh, NC) WhistleOut | 7/2020

#1 City Where Women Are Most Successful in the U.S.(Cary, NC) SmartAsset | 6/2020

Wake County, NC is where the headquarters of the Martini Mortgage Group at Benchmark Mortgage

The Martini Mortgage Group has been helping families in Wake County, NC and all over North Carolina since 2006 by providing the families they serve with trusted advice with a frictionless digital process that provides certainty.  Chief Mortgage Strategist is Kevin Martini and Mortgage Strategist Logan Martini create a custom home loan solution that I tailored to create the lowest cost of borrowing for the families they serve based on the families unique needs, wants and budget.  The Martini Mortgage Group is located at 507 N Blount St Raleigh, NC 27604 in the Capital District in downtown Raleigh.

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