Construction Value
$260.5M ▼ 2.1%
Units Permitted
1,070 ▼ 1.7%
Avg Value / Unit
$244K
2024 · Census Bureau Building Permits Survey
Construction activity held steady in 2024, with 1,070 housing units permitted. At $244K per unit, new builds are in line with the Wake County average of $237K. Volume is 333% above the county average of 247 units, suggesting faster-than-typical growth. 19.4% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$8K
per resident
County avg: $4K+110%
$13.4M
per square mile
Fuquay-Varina vs. Wake County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 862 | 862 | $236.0M | 91% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 208 | 4 | $24.5M | 9% |
County Ranking by Construction Volume
Among 12 permit-issuing towns in Wake County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →