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Wake Forest

Wake Forest Market Report

$695,255

AVERAGE PRICE OF 603 HOMES

$481,175

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,585,016

AVERAGE PRICE OF 88 MULTI-MILLION DOLLAR HOMES

$708,471

AVERAGE PRICE OF 360 NEWLY BUILT HOMES

$818,248

AVERAGE PRICE OF 150 HOMES WITH A POOL

$1,042,660

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $695,255
Avg Bedrooms 4.19 beds
Avg Bathrooms 3.83 baths

Average Price by Bedrooms

1 bedroom $289,000
2 bedrooms $500,446
3 bedrooms $420,207
4 bedrooms $757,162
5 bedrooms $803,914
Wake Forest Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 605 580 542 527 551
Average Price $719,653 $731,995 $742,472 $752,066 $734,715
Avg Price Change -1.71% -1.43% -1.29% +2.36% +0.58%
Median Price $567,010 $571,674 $590,557 $581,277 $572,771
Med Price Change -0.82% -3.30% +1.60% +1.49% +3.12%
Avg Bedrooms 4.3 beds 4.31 beds 4.56 beds 3.61 beds 3.86 beds
Avg Bathrooms 3.91 baths 3.98 baths 3.93 baths 3.54 baths 3.83 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Franklin - Franklinton 1 $715,000 12 days
Heritage 37 $557,359 72 days
S. Granville 19 $795,742 102 days
Wake County Schools 69 $606,856 100 days
Wake Forest 327 $581,489 101 days
Wakefield 117 $1,072,201 126 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 603 $695,255 72 days
Distressed Homes 4 $481,175 72 days
Multi-Million Dollar Homes 88 $1,585,016 148 days
Newly Built Homes 360 $708,471 121 days
Homes with a Pool 150 $818,248 94 days
Reduced Price Homes 10 $1,042,660 58 days
Triangle Home Crew Realty, LLC
Susan Crawford
1717 Legion Rd Suite 101
Chapel Hill, NC 27517
919-491-4663

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Last updated: November 29, 2023
Information Deemed Reliable But Not Guaranteed.
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 2023 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 November 29, 2023
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