Market Summary

Wake Forest, Wake County, NC

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Median Home Price Price

$511,160 $511.2K

Median Monthly Rent Rent

$1,789 $1.8K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wake County

Region Price Rent GRM Display
$500,735 $1,258 33.0x
$380,396 $1,706 19.0x
$429,511 $1,829 20.0x
$573,941 $2,259 21.0x
$400,772 $1,101 30.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Wake County

Region Price Rent GRM Display
$393,884 $1,811 18.0x
$374,235 $1,269 25.0x
$376,244 $1,459 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$288,418 $1,777 14.0x
$455,944 $1,567 24.0x
$364,212 $1,815 17.0x
$516,644 $2,000 21.0x
$312,071 $1,747 15.0x
$545,990 $1,895 24.0x
$377,452 $1,835 17.0x
$603,581 $2,132 24.0x
$434,154 $1,721 21.0x
$443,321 $1,806 20.0x
$388,037 $1,473 22.0x
$316,602 $1,833 14.0x
$571,563 $2,188 22.0x
$437,574 $1,854 20.0x
$268,155 $1,893 12.0x
$632,034 $2,411 22.0x
$506,674 $1,873 23.0x
$676,898 $2,600 22.0x
$596,180 $1,887 26.0x
$464,169 $1,590 24.0x
$412,098 $1,766 19.0x
$392,861 $1,545 21.0x
$309,219 $1,845 14.0x
$510,533 $1,836 23.0x
$195,766 $1,054 15.0x
$750,817 $2,725 23.0x
$340,964 $1,608 18.0x
$554,963 $1,838 25.0x
$430,692 $1,624 22.0x
$420,440 $1,131 31.0x
$464,757 $1,794 22.0x
$325,859 $1,314 21.0x
$496,832 $1,919 22.0x
$324,633 $1,668 16.0x
$658,252 $2,354 23.0x
$436,985 $2,259 16.0x

Home prices

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Monthly rent

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GRM

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Wake Forest

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Trend Insights

Median Rent in Wake Forest, NC is $1,789, with MoM change +$9 and YoY change +$28 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Wake Forest, NC.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Wake Forest, NC
Compare market Select a market
Delta vs base
Median rent
$1,789
N/A
Median price
$511,160
N/A
YoY change
+$28
N/A
Price-to-rent
23.8x
Data unavailable
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