Housing & Real Estate — Wake Forest, North Carolina
Overview
| Total Housing Units | 18,824 |
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| Occupied | 17,863 |
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| Vacant | 961 |
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| Owner-Occupied | 13,342 |
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| Renter-Occupied | 4,521 |
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| Median Home Value (Census) | $474,500 |
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| Estimated 2026 | ~$581,000 |
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| Median Rent | $1,458/mo |
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| Median Property Tax | $3,853/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 14.1% |
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| Severely Rent-Burdened | 37.8% |
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Housing Age
| Built 2010 or later | 8,944 |
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| Built 2000-2009 | 5,313 |
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| Built 1990-1999 | 2,326 |
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| Built before 1960 | 673 |
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| Median Year Built | 2006 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
