Market Summary

Wessex, Wake County, NC

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Median Home Price Price

$1,142,635 $1.1M

Median Monthly Rent Rent

$1,911 $1.9K

GRM

50.0x

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
$1,170,214 $1,950 50.0x
$775,433 $1,943 33.0x
$1,212,932 $1,932 53.0x
$927,378 $1,945 40.0x
$884,644 $1,872 39.0x
$815,165 $1,901 36.0x
$444,508 $1,912 19.0x
$1,254,534 $1,946 54.0x
$634,651 $1,895 28.0x
$1,288,296 $1,944 55.0x
$723,105 $1,898 32.0x
$1,226,146 $1,973 52.0x
$718,785 $1,902 31.0x
$1,133,104 $1,951 49.0x
$785,980 $1,886 35.0x
$870,746 $1,903 38.0x
$868,194 $1,931 38.0x
$955,621 $1,905 42.0x
$541,513 $1,939 23.0x

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
$790,832 $1,883 35.0x
$1,251,606 $1,875 55.0x
$657,997 $1,884 29.0x
$649,066 $1,885 29.0x

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
$1,274,448 $2,413 44.0x
$1,580,337 $2,985 44.0x
$1,356,330 $2,777 41.0x
$946,995 $2,238 35.0x
$1,108,628 $2,022 46.0x
$1,469,514 $3,318 37.0x
$1,181,016 $2,740 36.0x
$1,116,888 $2,155 43.0x
$1,555,411 $2,987 44.0x
$1,049,310 $2,838 31.0x
$1,031,953 $2,858 30.0x
$1,358,485 $2,226 51.0x
$232,110 $1,653 12.0x
$1,652,641 $2,728 50.0x
$1,182,535 $2,865 34.0x
$1,192,651 $2,785 36.0x
$238,661 $1,614 12.0x
$1,209,492 $2,496 40.0x

Home prices

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Monthly rent

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GRM

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Wessex

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Trend Insights

Median Rent in Wessex, NC is $1,911, with MoM change +$9 and YoY change +$46 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Wessex, NC
Compare market Select a market
Delta vs base
Median rent
$1,911
N/A
Median price
$1,142,635
N/A
YoY change
+$46
N/A
Price-to-rent
49.8x
Data unavailable
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