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Wood stain is typically dry to the touch within 6 to 12 hours, but it is not fully cured at this point. You should wait at least 24 hours before applying a second coat or a protective finish. For surfaces like decks, avoid walking on them for at least 24 to 48 hours, and wait even longer before placing furniture. The full curing process can take from 24 hours to one week, depending on the type of stain. Factors like high humidity and cold temperatures can extend drying and curing times, so it's wise to allow for extra time in these conditions.

Staining a fence is less expensive than painting a fence due to the cost of materials and the longevity of the finish. Stain not only lasts longer than paint without chipping or peeling, but you also won’t have to put in the extra time and cost to prime the surface first. 

An exterior paint job typically lasts between 5 and 10 years, though this can range from 3 to 17 years depending on several factors. The longevity is influenced by the quality of the paint and primer, the quality of the application, the local climate, and the type of surface being painted. For example, paint on wood siding may need to be redone every 3 to 7 years, while painted brick can last up to 17 years. Aluminum siding often needs repainting every 5 years.

The best time to stain a fence is when the weather is dry and temperatures are between 50 and 90 degrees Fahrenheit. Late spring, early summer, and fall are typically the best seasons for this project. You should avoid staining during very hot weather, like in the middle of summer, or when it is raining. Heat and moisture can cause the stain to dry unevenly. Likewise, if it's too cold, such as in winter or early spring, the stain may not be able to dry fully. Before you start, check the forecast to ensure there will be no rain and low humidity for at least a few days.