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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

$570,026

AVERAGE PRICE OF 567 HOMES

$480,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,276,939

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$583,734

AVERAGE PRICE OF 351 NEWLY BUILT HOMES

$573,871

AVERAGE PRICE OF 202 HOMES WITH A POOL

$462,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $570,026
Avg Bedrooms 3.74 beds
Avg Bathrooms 3.56 baths

Average Price by Bedrooms

1 bedroom $225,000
2 bedrooms $470,522
3 bedrooms $415,188
4 bedrooms $635,404
5 bedrooms $758,216
Wake Forest Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 587 579 570 597 647
Average Price $550,415 $542,066 $533,786 $520,459 $508,529
Avg Price Change +1.54% +1.55% +2.56% +2.35% +1.35%
Median Price $492,021 $486,210 $474,242 $457,909 $442,503
Med Price Change +1.20% +2.52% +3.57% +3.48% +1.88%
Avg Bedrooms 3.71 beds 3.74 beds 3.8 beds 3.81 beds 3.81 beds
Avg Bathrooms 3.51 baths 3.53 baths 3.55 baths 3.58 baths 3.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bunn 22 $556,012 95 days
Heritage 54 $579,035 65 days
Wake County Schools 51 $584,952 63 days
Wake Forest 315 $506,635 86 days
Wakefield 80 $860,679 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 567 $570,026 87 days
Distressed Homes 1 $480,000 205 days
Multi-Million Dollar Homes 40 $1,276,939 94 days
Newly Built Homes 351 $583,734 119 days
Homes with a Pool 202 $573,871 92 days
Reduced Price Homes 2 $462,450 21 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 October 18, 2021
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