What You Still Do Not Know About Living in Fuquay-Varina NC

Fuquay-Varina has long been a top tourist destination for locals and visitors alike seeking the therapeutic properties of the Fuquay Mineral Spring. However, this modern town, located only 15 minutes south of Raleigh, has developed into a bustling, family-friendly community. With 2 charming downtown areas, a rich history, a diverse community, and an abundance of things to do and see, Fuquay-Varina is a wonderful place to call home. If you are considering relocating to this picturesque town, here are some key insights into its real estate market. Read on to learn more!

What County is Fuquay-Varina In?

Fuquay-Varina is located in southern Wake County, an area known for its great quality of life, excellent schools, and proximity to Raleigh, North Carolina’s capital city. The county is part of the Triangle region, which is often regarded as one of the best areas in the country to live and work. The Triangle area comprises Raleigh, Chapel Hill, Durham, and many smaller cities.

What is the Average Home Price in Fuquay-Varina?

The Fuquay-Varina real estate market is competitive, with median prices up nearly 30% yearly. However, there are still plenty of bargains to be discovered. With some little research and patience, you can locate a great price on a new home here.

The current median price for homes for sale in Fuquay-Varina is roughly $400,000. Nonetheless, prices will vary based on the specific neighborhood and the kind of home you want.

Are There any Townhomes or Condos in Fuquay-Varina?

Fuquay-Varina offers diversified housing options for any budget, including townhomes and condos. Numerous new developments are increasing the available options in this housing market.

The median sale price for a townhome or condo in Fuquay-Varina is around $300,00. Some of the best areas to find these properties include Parker, Stephenson, Buckhaven, the Q Condominium, Spring Hill, and Eagle Springs.

Is Fuquay-Varina Growing?

The population of Fuquay-Varina has grown over the past few years and is currently projected to be around 34,000. The population doubled between 2010 and 2020, according to the US Census. The projected yearly growth rate is 7.6%. By 2025, the municipality expects to have more than 37,000 residents.

People are drawn to the area for its affordable housing, high quality of life, and proximity to Raleigh.

Are There Any Waterfront Properties In Fuquay-Varina?

Fuquay-Varina has several lakes, such as Holly Springs Lake, Sunset Lake, and Fuquay Lake. Several ponds and creeks found throughout the town also add to your waterfront options.

Large waterfront homes in Fuquay-Varina are often more expensive, but you can still locate reasonably priced homes with views of many ponds. Top neighborhoods worth exploring include South Lakes, Sunset Lakes, and Coley Farms.

What is the Cost of Living in Fuquay-Varina?

Fuquay-Varina has a relatively low cost of living, with an index score of 1.6%, higher than the national average. Housing costs are 9% more than the national average, but utilities, healthcare, and other expenses are lower, making it a desirable area to live.

Browse Luxury Homes in Fuquay-Varina with Karen Dupree

Fuquay-Varina should be your go-to destination if you are seeking a small-town feel, with easy access to the amenities of a big city in North Carolina. Award-winning real estate expert Karen Dupree will guide you to the best Fuquay-Varina homes for sale, and help you find the most appropriate property for your needs. With a proven track record of successfully closing deals, and client satisfaction, you can be sure to find your dream home. Call Karen Dupree today to get started!