Wake County’s real estate market is on fire, with median home prices hitting $452,000 in March 2025. The $5,000 jump from February isn’t random – it’s fueled by tech job growth in Research Triangle Park and a red-hot luxury market that just saw a jaw-dropping $137.5 million sale. With homes flying off the market in just five days and over 2,500 properties sold last month, buyers aren’t flinching at those higher price tags. The numbers tell quite a story beneath the surface.
The Wake County real estate market is charging full steam ahead, with median home prices jumping to $452,000 in March 2025. That’s a $5,000 increase from February – because apparently, half a million dollars for a house isn’t quite enough these days. Over a 2,500 homes changed hands across the county, proving that sky-high prices aren’t scaring away determined buyers. The massive demand is particularly evident in areas like Wendell Falls, where new builds and amenities are attracting waves of eager homebuyers. Fixed-rate mortgages remain popular among buyers seeking long-term financial stability.
Wake County’s real estate frenzy continues as median home prices soar to $452,000, with buyers undeterred by the ever-climbing costs.
Money talks, and in Wake County, it’s screaming. The market saw some serious action in the luxury segment, including a jaw-dropping $137.5 million sale that had real estate agents reaching for their calculators. Not to be outdone, four other properties crossed the million-dollar mark, showing that some folks still have deep pockets despite the economic wobbles. The total value of March real estate deals reached over $1.5 billion.
The core market – you know, where regular humans shop for homes – actually showed impressive strength. Properties under $1 million saw a 22% jump from February, with 1,859 transactions totaling $839 million. Meanwhile, those pesky 6.75% mortgage rates have buyers scrambling to lock in deals before rates climb even higher.
Houses are selling faster than discount TVs on Black Friday, averaging just five days on the market. The Research Triangle Park‘s continued growth isn’t helping buyers catch a break either – those tech jobs keep bringing in newcomers with healthy bank accounts and dreams of homeownership.
Speaking of dreams, some previously stalled luxury developments are back in action. Because nothing says “economic confidence” quite like breaking ground on another batch of high-end homes. The market’s particularly hot for sellers right now, especially those with properties that check all the fancy boxes.
The numbers tell the story: 160 transactions worth $346.6 million in the high-value range, seasonal rebounds putting extra spring in the market’s step, and economic investments keeping property values trending upward. One thing’s crystal clear – Wake County’s real estate market isn’t just surviving, it’s thriving, even if some buyers’ bank accounts might be crying uncle.