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 HOMESAverage 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 |
