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Wake Forest

Wake Forest Market Report

$718,614

AVERAGE PRICE OF 515 HOMES

$769,812

AVERAGE PRICE OF 291 NEWLY BUILT HOMES

$79,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,605,825

AVERAGE PRICE OF 87 MULTI-MILLION DOLLAR HOMES

$794,968

AVERAGE PRICE OF 120 HOMES WITH A POOL

$503,889

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $718,614
Avg Bedrooms 3.78 beds
Avg Bathrooms 3.22 baths

Average Price by Bedrooms

1 bedroom $150,000
2 bedrooms $537,953
3 bedrooms $420,660
4 bedrooms $673,102
5 bedrooms $868,990
Wake Forest Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 488 506 564 592 621
Average Price $723,104 $713,767 $703,926 $704,655 $710,074
Avg Price Change +1.31% +1.40% -0.10% -0.77% -0.11%
Median Price $570,740 $586,983 $586,962 $585,560 $571,526
Med Price Change -2.85% +0.00% +0.24% +2.46% -1.45%
Avg Bedrooms 3.79 beds 3.6 beds 3.68 beds 3.39 beds 3.4 beds
Avg Bathrooms 3.24 baths 3.47 baths 3.81 baths 2.92 baths 2.7 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Heritage 46 $593,393 60 days
Rolesville 21 $660,780 101 days
Wake 1 $575,000 21 days
Wake County Schools 46 $763,300 90 days
Wake Forest 267 $517,578 60 days
Wakefield 98 $1,135,932 129 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 515 $718,614 60 days
Newly Built Homes 291 $769,812 72 days
Distressed Homes 1 $79,900 17 days
Multi-Million Dollar Homes 87 $1,605,825 142 days
Homes with a Pool 120 $794,968 86 days
Reduced Price Homes 11 $503,889 61 days
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