![]() Using data from the Wake County Department of Tax Administration, we looked at the total number of residential properties sold in all fourteen municipalities either completely in Wake County or with jurisdictions extending into Wake County. Home sales dropped after April 30 th of that year.) (We should also note that a temporary tax credit was given to homebuyers who purchased a home before Apas part of an Obama administration stimulus package to jumpstart the economy after the recession. Wake County has the largest population in the state, as of the 2020 Census, and has gained nearly 211,000 new residents since 2010. Annual units sold more than doubled since 2010įirst, let’s look at how many residential properties were sold in Wake County between 20. ![]() (We’re focusing on Wake due to high-quality, monthly data on home sales available from Wake County government.) If you have additional questions or would like this analysis performed for a different geographic region, please email us at we’ll do our best to answer them. This blog post will look at housing prices and housing affordability in Wake County. Meanwhile, rental prices in Raleigh have increased by more than 20% over the past four years, according to a WRAL analysis. And an examination of housing across the country by the site DeedClaim named both Durham and Raleigh as two of the top metro areas experiencing a housing shortage. Over the past several years, we have seen increases in both housing and rental prices as well as a shortage of available units in the Triangle region.Ī 2021 analysis of Chapel Hill’s housing market projects that housing production will need to increase 35 percent to meet projected job and household growth over the next 20 years. Oh, and by the way, Raleigh is the best place to live in North Carolina! We love it here.North Carolina is experiencing rapid growth from people moving here from other states. You can amaze and impress your friends by just whipping out a couple of quick Raleigh Facts! So there you have it, in a nutshell, or appropriately for Raleigh, and acorn shell:-). The city of Raleigh is the only state capital that was planned and established by a state as the seat of state government.Īndrew Johnson, the 17th president, was born in Raleigh, in 1808. It was named for Sir Walter Raleigh who tried to establish the first English colony in the new world in the 1580s. Raleigh was founded in 1792 as North Carolina's capital city. The projected population of Wake County is that by 2013 we will have 983,367 people and by 2014 we will zoom up to 1,008,719. In 2010, Wake County had over 900,000 people living here, according to the Census. Raleigh and Cary are the 9th & 10th fastest growing cities in the United States in 2012. Wake County's population grows by around 86 people per day. The geographic center of Wake County is in Raleigh, right near Broughton High School. It's where Marks Creek flows into Johnston County and is about 160 feet above sea. Now the lowest point in Wake County is located about a half of a mile southeast of the city of Shotwell. That high point is about 540 feet above sea level. The highest point in Wake County is a quarter of a mile north of the city of Leesville. This is usually referred to as Greater Raleigh or the Raleigh area. Wake County includes Raleigh and 11 other Wake County cities. Measuring from north to south, it's around 39 miles. It measures, from east to west, around 46 miles. If you are moving to North Carolina, or moving to Raleigh specifically, here are just a few quick facts at a glance. If you live in Raleigh or its surrounding area it's always fun to just look at quick facts about the area. 6020 Creedmoor Road, Raleigh, NC 27612 ~ Cell: (919) 280-2726 ~ North Raleigh Homes Midtown Raleigh Homes Raleigh Luxury Homes Wake Forest Homes Cary Homes North Carolina Triangle
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