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Wake Forest

Why you'd want to live in Wake Forest

Wake Forest is a town in Franklin and Wake counties in the U.S. state of North Carolina; located almost entirely in Wake County, it lies just north of the state capital, Raleigh. The population was 30,117 at the 2010 census, up from 12,588 at the 2000 census.

Wake Forest Market Report

$696,263

AVERAGE PRICE OF 576 HOMES

$79,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,498,949

AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES

$731,013

AVERAGE PRICE OF 332 NEWLY BUILT HOMES

$769,383

AVERAGE PRICE OF 137 HOMES WITH A POOL

$688,570

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $696,263
Avg Bedrooms 3.58 beds
Avg Bathrooms 3.48 baths

Average Price by Bedrooms

2 bedrooms $580,232
3 bedrooms $426,676
4 bedrooms $833,576
5 bedrooms $878,809
Wake Forest Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 533 487 506 563 591
Average Price $715,675 $723,531 $713,767 $703,998 $705,220
Avg Price Change -1.10% +1.37% +1.39% -0.17% -0.78%
Median Price $549,797 $570,854 $586,983 $586,827 $585,924
Med Price Change -3.83% -2.83% +0.03% +0.15% +2.44%
Avg Bedrooms 3.57 beds 3.58 beds 3.6 beds 3.63 beds 3.65 beds
Avg Bathrooms 3.46 baths 3.49 baths 3.47 baths 3.45 baths 3.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Franklinton 22 $430,072 63 days
Heritage 53 $563,453 55 days
Wake County Schools 46 $588,777 98 days
Wake Forest 315 $588,468 95 days
Wakefield 97 $1,226,808 141 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 576 $696,263 100 days
Distressed Homes 1 $79,900 63 days
Multi-Million Dollar Homes 101 $1,498,949 150 days
Newly Built Homes 332 $731,013 122 days
Homes with a Pool 137 $769,383 89 days
Reduced Price Homes 25 $688,570 61 days
Remax United - Debby Wimsatt Team
Debby Wimsatt
7721 Six Forks Road
Raleigh, NC 27615
919-999-6528
Email:debbywimsatt@gmail.com

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 March 23, 2023
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