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Wake Forest

Why you'd want to live in Wake Forest

Located just north of Raleigh, Wake Forest is a beautiful small town with enough history, culture, and activities to keep travelers entertained for days on end. Stroll through the historic downtown district, home to a charming community of art galleries, shops, and restaurants. Wake Forest is also a nature lover’s paradise, with Falls Lake State Recreation Area nearby, perfect for boating, camping, cycling, hiking, fishing or bird-watching. Catch a gorgeous sunset over the lake after a long weekend of fun in this quaint and charming town. via www.visitraleigh.com

Wake Forest Market Report

$570,089

AVERAGE PRICE OF 513 HOMES

$480,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,298,847

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$598,170

AVERAGE PRICE OF 330 NEWLY BUILT HOMES

$573,112

AVERAGE PRICE OF 164 HOMES WITH A POOL

$530,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $570,089
Avg Bedrooms 3.73 beds
Avg Bathrooms 3.52 baths

Average Price by Bedrooms

1 bedroom $140,000
2 bedrooms $466,637
3 bedrooms $410,366
4 bedrooms $646,167
5 bedrooms $730,495
Wake Forest Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 566 587 579 570 597
Average Price $567,852 $550,415 $542,066 $533,786 $520,459
Avg Price Change +3.17% +1.54% +1.55% +2.56% +2.35%
Median Price $503,550 $492,021 $486,210 $474,242 $457,909
Med Price Change +2.34% +1.20% +2.52% +3.57% +3.48%
Avg Bedrooms 3.72 beds 3.71 beds 3.74 beds 3.8 beds 3.81 beds
Avg Bathrooms 3.54 baths 3.51 baths 3.53 baths 3.55 baths 3.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Franklinton 24 $372,395 57 days
Heritage 62 $549,582 69 days
Wake County Schools 45 $554,599 83 days
Wake Forest 273 $511,205 97 days
Wakefield 63 $969,752 131 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 513 $570,089 99 days
Distressed Homes 1 $480,000 246 days
Multi-Million Dollar Homes 39 $1,298,847 115 days
Newly Built Homes 330 $598,170 131 days
Homes with a Pool 164 $573,112 106 days
Reduced Price Homes 3 $530,000 24 days
RE/MAX Capital
Laura Lennon - Broker In Charge
4700 Six Forks Road, Suite #130
Raleigh, NC 27609
919-389-4242
Rhea Bryson
315 S. Salem Street, Suite 312
Apex, NC 27502
919-228-8070

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 November 28, 2021
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