Wake Forest, NC Real Estate
According to census data in the year 2000 there were 5,081 housing units in Wake Forest.
This represents a 121% growth from 2,299 in 1990.
Of those housing units, 4,996 were located in either urbanized areas or urban clusters, and 85 were located in what is classified as a rural area.
Homeownership rate in Wake Forest is about 63.2%.
Wake Forest's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Wake Forest were built after 1993.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.75|
|Median year structure was built||1994|
|Median Value of occupied units||$143,500|
|Median Price asked for vacant units||$169,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1990|
|Median Monthly Rent asked for vacant units||$600|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||14.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22%|