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Real Estate Prices & Overview

Fuquay Varina Northeast median real estate price is $764,152, which is more expensive than 93.8% of the neighborhoods in North Carolina and 83.2% of the neighborhoods in the U.S.

The average rental price in Fuquay Varina Northeast is currently $3,865, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.7% of the neighborhoods in North Carolina.

Fuquay Varina Northeast is a suburban neighborhood (based on population density) located in Fuquay-Varina, North Carolina.

Fuquay Varina Northeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Fuquay Varina Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Fuquay Varina Northeast, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Fuquay Varina Northeast is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

With a real estate vacancy rate of only 0.0%, the Fuquay Varina Northeast neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, one way that the Fuquay Varina Northeast neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.8% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Fuquay Varina Northeast neighborhood. A whopping 76.4% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.9% of the neighborhoods in the U.S. Everything here just feels new.

Also of note, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Fuquay Varina Northeast neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.2% of all American neighborhoods.

People

According to NeighborhoodScout's exclusive analysis, Fuquay Varina Northeast is among the best neighborhoods for families in North Carolina. In fact, this neighborhood is more family-friendly than 99.2% of neighborhoods in the entire state of North Carolina. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Fuquay Varina Northeast neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, college students and urban sophisticates.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.9% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Fuquay Varina Northeast neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Fuquay Varina Northeast neighborhood is wealthier than 96.7% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.

Modes of Transportation

A unique way of commuting is simply not to. And in the Fuquay Varina Northeast neighborhood, analysis shows that 34.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.6% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Fuquay Varina Northeast neighborhood in Fuquay-Varina are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.7% of the neighborhoods in America. In addition, 0.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 80.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Fuquay Varina Northeast neighborhood, 59.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 15.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.7%), and 9.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Fuquay Varina Northeast neighborhood is English, spoken by 93.5% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Fuquay Varina Northeast neighborhood in Fuquay-Varina, NC, residents most commonly identify their ethnicity or ancestry as Irish (20.1%). There are also a number of people of German ancestry (19.4%), and residents who report English roots (15.3%), and some of the residents are also of Asian ancestry (3.6%), along with some Polish ancestry residents (3.2%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Fuquay Varina Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (45.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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