Comprehensive market data and analysis• Updated Dec 2025
3.6 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 35 | 244 | 637 | 1,084 |
| 1-2 acres | 5 | 31 | 64 | 126 |
| 2-5 acres | 5 | 34 | 63 | 127 |
| 5-10 acres | 1 | 3 | 17 | 43 |
| 10-20 acres | 3 | 8 | 22 | 48 |
| 20-50 acres | 2 | 6 | 17 | 37 |
| 50-100 acres | 2 | 4 | 4 | 5 |
| 100+ acres | - | 2 | 4 | 5 |
| TOTAL | 53 | 332 | 828 | 1,475 |
Acreage buckets
The median price for land in Wake County, North Carolina is currently $1.8M per acre. For a typical parcel, the median sale price is $402K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $90K while premium lots reached $805K.
Wake County, North Carolina is currently a seller's market with 3.6 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 1.2% year-over-year.
Wake County, North Carolina currently has 3.6 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Wake County, North Carolina is 27.8% (3-month basis), indicating strong demand. With depreciating values (-1.2% YoY), buyers may find value opportunities. The top-performing broker in this market is MILITARY FAMILY REALTY LLC.
Land in Wake County, North Carolina typically sells within 69 days of listing. The median time on market is 37 days. Properties are moving at a moderate pace in the current seller's market.
Over the past 12 months, Wake County, North Carolina saw 1,476 properties sold, totaling $886.4M in sales volume. In just the last 3 months, 332 properties changed hands.
Land in Wake County, North Carolina averages $2.8M per acre. The median price per acre is $1.8M, which may be more representative of typical transactions. Most parcels sold are around 10,454 sq ft.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
