The median sale price of a home sold in the first quarter of 2025 in Wake County fell by $94,000, while total sales increased by 7.2%, according to BlockShopper.com.
From January through March of 2025, 3,596 homes were sold in the county, with sale prices around $291,000. This is a 24.4% decrease from the $385,000 median sale price during the same period in 2024, when there were 3,355 homes sold.
The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.
The following histogram displays changes in median sales prices in Wake County from January 2024 to March 2025.
