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Wake Forest Market Report

$552,102

AVERAGE PRICE OF 596 HOMES

$322,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,274,318

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$571,706

AVERAGE PRICE OF 377 NEWLY BUILT HOMES

$569,170

AVERAGE PRICE OF 219 HOMES WITH A POOL

$809,159

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $552,102
Avg Bedrooms 3.72 beds
Avg Bathrooms 3.52 baths

Average Price by Bedrooms

1 bedroom $225,000
2 bedrooms $437,957
3 bedrooms $407,514
4 bedrooms $616,770
5 bedrooms $737,345
Wake Forest Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 579 570 597 647 628
Average Price $542,066 $533,786 $520,459 $508,529 $501,772
Avg Price Change +1.55% +2.56% +2.35% +1.35% -0.60%
Median Price $486,210 $474,242 $457,909 $442,503 $434,324
Med Price Change +2.52% +3.57% +3.48% +1.88% -0.28%
Avg Bedrooms 3.74 beds 3.8 beds 3.81 beds 3.81 beds 3.79 beds
Avg Bathrooms 3.53 baths 3.55 baths 3.58 baths 3.55 baths 3.53 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bunn 25 $552,345 68 days
Heritage 57 $565,758 74 days
Wake County Schools 52 $541,621 58 days
Wake Forest 323 $487,373 84 days
Wakefield 91 $818,701 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 596 $552,102 84 days
Distressed Homes 2 $322,500 136 days
Multi-Million Dollar Homes 37 $1,274,318 99 days
Newly Built Homes 377 $571,706 112 days
Homes with a Pool 219 $569,170 94 days
Reduced Price Homes 5 $809,159 81 days
Keller Williams Preferred Realty | Welcome Home Realty Group
Caren Fried
7751 Brier Creek Pkwy, Suite 100
Raleigh, NC 27617
919-964-0732

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 September 24, 2021
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