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Friday, November 8, 2024

Wake County home valuation prices rose in June 2023 compared to the same period in 2022

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In June 2023, the median sale price of a home in Wake County rose by $21,250 from the same period in the previous year, while total sales decreased by 57.6%, according to BlockShopper.com.

Data shows that there were 532 homes sold in June 2023, with a median sale price of $493,500 - a 4.5% increase over the $472,250 median sale price for the same period of the previous year. There were 1,254 homes sold in Wake County in June 2022.

For context, the median sales tax in Wake County, based on the latest available data from 2019, was $2,581, which stands at 0.5% of June 2023's median home sale price.

The following histogram displays changes in median sales prices in Wake County from June 2022 to June 2023.

June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023$472,250$472,250$465,000$465,000$433,000$433,000$417,000$417,000$441,000$441,000$422,750$422,750$400,000$400,000$405,000$405,000$420,000$420,000$410,000$410,000$432,000$432,000$454,000$454,000$493,500$493,500

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