Home prices increase as Wendell Falls sees growth

MLS data shows single-family home prices in Wendell Falls have climbed from an average of around $350,000 in 2020 to approximately $540,000 in 2024.
Posted 2/11/2025, 11:05:00 PM Updated 2/12/2025, 2:09:59 PM

AS YOU KNOW, EVEN CAUSING SOME

RESTAURANTS TO CHARGE EXTRA.

>> SO ONE WAKE COUNTY COMMUNITY

IS ONE OF THE FASTEST GROWING

NEIGHBORHOODS IN OUR AREA.

WE ARE TALKING ABOUT WINDOW

FALLS, BEAUTIFUL COMMUNITY.

AS YOU KNOW, GROWTH DOESN'T

COME WITHOUT GROWING PAINS.

AND IN THIS CASE, THAT MEANS

RISING HOME PRICES. SO IN 2020,

THE MEDIAN PURCHASE PRICE FOR

SINGLE-FAMILY HOME HERE,

$350,000. COMPARE THAT TO LAST

YEAR. LOOK AT THAT. THAT FIGURE

CLIMBING TO $540,000 WRAL'S

HEIDI KIRK SHOWS US WHICH

COMMUNITIES IN THE TRIANGLE

AREA HAVE EXPERIENCED SIMILAR

GROWTH.

>> A TRIP TO PUBLIX AND WENDELL

FALLS WASN'T ALWAYS POSSIBLE

FOR GARY BEAR. AND HE SAYS NONE

OF THIS WAS HERE WHEN HE BOUGHT

IS HOME JUST 5 YEARS AGO

RELEASED AFTER DRIVING TONIGHT,

THEY'LL

>> TO GO SHOPPING. NOW, ALL

OF THIS IS JUST MINUTES FROM

WHERE HE LIVES IN THIS AREA.

IF YOU IF YOU BLINKED, YOU

MISSED IT YEARS AGO, BUT NOW.

THIS IS WHERE THE DEVELOPMENT

IS. AN AREA ONCE CONSIDERED AN

AFFORDABLE ALTERNATIVE TO RALLY

NOW OUT OF REACH FOR SOME

PEOPLE. WE ASKED ONE OF THE

DEVELOPERS OF WENDELL FALLS,

BROOKFIELD PROPERTIES ABOUT THE

INCREASE IN HOME PRICES.

YOU DO SEE THE HOME PRICES

START TO CREEP UP OVER TIME.

SO THAT'S VERY TYPICAL IN ONE

OF OUR DEVELOPMENT US.

>> BUT I THINK IF YOU LOOK AT

REAL ESTATE ON A NATIONAL

LEVEL, YOU'LL SEE A LOT OF THE

SIMILAR TRENDS. MATSON SAYS

SHE'S FOUND. PEOPLE ARE STILL

WILLING TO PAY THE PRICE FOR

THESE HOMES, GIVEN THE

AMENITIES AND THE PROXIMITY

TO THE CITY. IT'S PRETTY

REMARKABLE IN THAT WE CAN GET

IN DOWNTOWN NOW FASTER THAN

WE EVER COULD FROM NORTH

RALEIGH, REAL OWNERS WE SPOKE

WITH SAY THE GROWTH SEEN HERE

IN WENDELL FALLS IS SIMILAR TO

SOME OTHER COMMUNITIES ACROSS

THE TRIANGLE, SPECIFICALLY

PLACES LIKE FUQUAY-VARINA HOLLY

SPRINGS AND APEX THERE AND A

FORMER RALEIGH. IT SAYS THIS

DOES RAISE THE QUESTION ABOUT

HOW THE TOWN WILL HANDLE THE

GROWTH GOING FORWARD. THERE'S A

LOT OF BUILDING NOW AND I AND I

REALLY WONDER ABOUT HOW THAT'S

GOING TO AFFECT TRAFFIC, A

COMMUNITY THAT WAS ONCE LITTLE

MORE THAN EMPTY FIELDS. NOW

© WRAL