Wake County's median real estate sale price rose $25,000 in October to $475,000, the highest in more than a year. Sales volume fell 8.5% from September.
The median price of real estate sold in Wake County rose to $475,000 in October. That is $25,000 more than in September, when the median was $450,000.
The figures come from the Wake County Register of Deeds’ October report, published Tuesday. They count every deed recorded in the county during the month.
October’s median is the highest in the register’s monthly reports since August 2025, when it was $484,750. It is $10,000 above October 2025, when the median was $465,000, according to the register’s report for that month.
Fewer sales, higher prices
The jump in price came in a slower month. The register recorded 5,485 transactions in October, 484 fewer than in September.
Most of the drop was in what the county calls the core market, sales of $1 million or less. Those fell to 5,278, down 492, or 8.5%. The core market made up 88% of October’s sales.
The register says the median moves with that core market. Large deals are too few to shift it.
Here is how October broke down by price, from the county’s report:
| Segment | Sales in October | Change from September |
|---|---|---|
| $1 million or less | 5,278 | down 492 (8.5%) |
| $1 million to $30 million | 204, worth $448.0 million | value down $95.1 million |
| $30 million or more | 3 | up 1 |
| All sales | 5,485, worth $1.4 billion | down 484 |
Two big Raleigh deals
Two of October’s three sales of $30 million or more were in Raleigh. The county listed:
- Cambridge Village of Briar Creek, Raleigh: $99 million
- Midtown Crossing Apartments, Raleigh: $32 million
- Cambridge Village of Apex: $110 million
Apex is about 15 miles southwest of downtown Raleigh. The register’s report links each sale to its recorded deed.
A year of medians
The median has moved within a narrow band over the past 13 months. It dipped to $440,000 in August and has climbed in each month since.
The monthly figures in the chart come from the register’s reports for November 2025, December 2025, January, February, March, April, May, June, July, August and September. The August 2025 figure is from the register’s August 2025 report.
One figure does not match across reports. The May report puts May’s median at $465,000; the June report gives May as $450,000. The chart uses the May report’s own figure.
Fewer loans were taken out as well. The register recorded 2,585 deeds of trust in October, the document used in North Carolina to secure a mortgage. That is down from 2,910 in September.
What it means for you
- This is not just homes. The register’s median covers every recorded sale in the county, including land, condos and commercial property. It is a rough guide to the market, not the price of a typical house.
- One month is not a trend. The median has swung by $15,000 to $25,000 in a single month several times this year.
- For Raleigh home values over time, see our Raleigh home prices page, which tracks Zillow’s typical home value. Recent sales near you are on our real estate transfers page.
- Your tax bill is a separate matter. Wake County’s next property revaluation is for 2027; see what the county has adopted so far and our property taxes page.
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