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Wake Forest

Why you'd want to live in Wake Forest

Wake Forest is a unique community with a thriving downtown. Situated less than 10 miles north of Raleigh , Wake Forest is a prime location for anyone wishing to enjoy a quality way of life with all the benefits of city living. The community offers quick, easy access to the Triangle's first class universities, the Research Triangle Park, Atlantic Coast Conference athletics, professional sporting events, and world renowned golfing events. In addition, the beach is just over two hours away, while the mountains are a three to four hour drive, so you are never very far from North Carolina's most popular vacation destinations. In Wake Forest neighbors know neighbors, people walk the streets and the historical district offers something for everyone. via Wake Forest NC

Wake Forest Market Report

$528,410

AVERAGE PRICE OF 598 HOMES

$480,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,268,555

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$531,286

AVERAGE PRICE OF 377 NEWLY BUILT HOMES

$545,995

AVERAGE PRICE OF 242 HOMES WITH A POOL

$721,466

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $528,410
Avg Bedrooms 3.8 beds
Avg Bathrooms 3.59 baths

Average Price by Bedrooms

1 bedroom $381,400
2 bedrooms $407,459
3 bedrooms $368,932
4 bedrooms $579,042
5 bedrooms $684,003
Wake Forest Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 647 628 588 n/a 514
Average Price $508,529 $501,772 $504,805 n/a $501,083
Avg Price Change +1.35% -0.60% n/a n/a +0.40%
Median Price $442,503 $434,324 $435,537 n/a $429,183
Med Price Change +1.88% -0.28% n/a n/a +1.48%
Avg Bedrooms 3.81 beds 3.79 beds 3.81 beds n/a 3.87 beds
Avg Bathrooms 3.55 baths 3.53 baths 3.55 baths n/a 3.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Franklinton 33 $328,244 104 days
Heritage 80 $546,334 80 days
Wake County Schools 40 $476,941 38 days
Wake Forest 284 $455,369 80 days
Wakefield 101 $827,895 109 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 598 $528,410 87 days
Distressed Homes 1 $480,000 88 days
Multi-Million Dollar Homes 38 $1,268,555 123 days
Newly Built Homes 377 $531,286 111 days
Homes with a Pool 242 $545,995 92 days
Reduced Price Homes 3 $721,466 22 days
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2021 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated June 23, 2021
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