West Wake News

In August 2023, the median sale price of a home in Wake County rose by $22,500 from the same period in the previous year, while total sales decreased by 16.5%, according to BlockShopper.com.

Data shows that there were 928 homes sold in August 2023, with a median sale price of $455,500 - a 5.2% increase over the $433,000 median sale price for the same period of the previous year. There were 1,112 homes sold in Wake County in August 2022.

For context, the median sales tax in Wake County, based on the latest available data from 2019, was $2,581, which stands at 0.6% of August 2023's median home sale price.

The following histogram displays changes in median sales prices in Wake County from August 2022 to August 2023.