County market report · FIPS 37183
Wake County, NC
Raleigh-Cary, NC · Population 1,132,271 (Census V2020 est.)
Typical value
$471,020
Sep 2026
1M
-0.1%
3M
-0.3%
12M
-1.7%
5Y
+17.9%
10Y
+73.1%
From peak
-4.2%
Peak $491,494 · Jul 2022
Rank US / state
2720 / 92
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyF · Potential Bottom
r3-0.33%p3-0.78%Acceleration+0.45ppMonths persisting1Evidence (Price-Only)53/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $477,547 | -2.5% |
| 2024 | $489,780 | +1.9% |
| 2023 | $480,846 | +1.4% |
| 2022 | $474,178 | +12.1% |
| 2021 | $423,059 | +24.3% |
| 2020 | $340,467 | +7.3% |
| 2019 | $317,260 | +3.9% |
| 2018 | $305,453 | +5.0% |
| 2017 | $290,793 | +5.2% |
| 2016 | $276,496 | +6.4% |
| 2015 | $259,747 | +7.4% |
| 2014 | $241,754 | +5.0% |
| 2013 | $230,177 | +5.6% |
| 2012 | $218,006 | +1.6% |
| 2011 | $214,590 | -4.7% |
| 2010 | $225,215 | -2.4% |
| 2009 | $230,777 | -3.0% |
| 2008 | $237,807 | -3.6% |
| 2007 | $246,673 | +4.9% |
| 2006 | $235,208 | +6.3% |
| 2005 | $221,263 | +5.5% |
| 2004 | $209,725 | +2.6% |
| 2003 | $204,346 | +1.6% |
| 2002 | $201,178 | +1.3% |
| 2001 | $198,624 | +2.3% |
| 2000 | $194,186 | — |