New BuildPrice Drop −$11K
$299,715
10633 Brookside Reserve Rd
Wake Forest, NC 27587
3 bd3 ba1,359 sqft$221/ft²
Townhouse
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Sarah Mitchell
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Compass Real Estate · Wake Forest, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Wake Forest, NC(512) 555-0184TX License #0512847
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Wake Forest, NC Housing Market & Real Estate
Balanced market+8.5% YoY
Housing market overview · Updated monthly ·
$526,250median sale price
How is the Wake Forest, NC housing market right now?
The median home sale price in Wake Forest, NC is $526,250, up 8.5% year-over-year. Homes sell in an average of 28 days with 303 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wake Forest a buyer's or seller's market?
Balanced market3.6 months of supply28 avg. days on market
Wake Forest, NC is currently a balanced market, based on 3.6 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
84
Last 12 weeks
Days on market
28
Average pace
Active listings
303
3.6 months supply
Sale-to-list
98.7%
Below asking
What does the Wake Forest housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $526,250 |
| Median list price | $485,000 |
| Year-over-year price change | +8.5% |
| Average days on market | 28 days |
| Active inventory | 303 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $210/sq ft |
| Homes sold (latest month) | 84 |
| New listings (latest month) | 140 |
| Listings with a price cut | 46.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wake Forest by property type?
How the Wake Forest, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $597,475 | $215/sq ft | 67 | 30 days |
| Condo / Co-op | $342,500 | $217/sq ft | 2 | 152 days |
| Townhouse | $387,500 | $186/sq ft | 15 | 13 days |
Source: Redfin · Updated monthly
The Wake Forest housing market is currently classified as a balanced market with a median sale price of $526,250. Prices have risen 8.5% compared to last year, with homes spending an average of 28 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Wake Forest
There are currently 303 homes listed for sale in Wake Forest, North Carolina. The median listing price is $485K. Featured listings range from $299,715 to $658,450.
New Build
30
$306,490
376 Freestall Dr
Wake Forest, NC 27587
3 bd3 ba1,418 sqft$216/ft²
Townhouse
View photos & details
New Listing
21
$344,900
719 St Catherines Dr
Wake Forest, NC 27587
3 bd2 ba1,267 sqft$272/ft²
House7,405 sqft lot
Stephanie Anson · Northside Realty Inc.
View photos & details
New Build
8
$373,113
706 Hyperion Aly
Wake Forest, NC 27587
3 bd4 ba2,119 sqft$176/ft²
Townhouse
View photos & details
New Build
9
$389,345
704 Hyperion Aly
Wake Forest, NC 27587
3 bd4 ba2,288 sqft$170/ft²
Townhouse
View photos & details
New Build
42
$447,840
732 Holstein Dairy Way
Wake Forest, NC 27587
5 bd3 ba2,511 sqft$178/ft²
House
View photos & details
New Listing
38
$450,000
129 E Chestnut Ave
Wake Forest, NC 27587
3 bd2 ba1,582 sqft$284/ft²
House8,712 sqft lot
Devon Carrick · Choice Residential Real Estate
View photos & details
New Listing
47
$575,000
3305 Mountain Hill Dr
Wake Forest, NC 27587
3 bd2 ba2,607 sqft$221/ft²
House7,841 sqft lot
Samara Presley · Smart Choice Realty Company
View photos & details
New Build
27
$585,980
205 Morning Glow Ln
Wake Forest, NC 27587
5 bd4 ba3,366 sqft$174/ft²
House
View photos & details
New Build
3
$605,615
621 Posterity Pl Unit 62
Wake Forest, NC 27587
5 bd4 ba3,530 sqft$172/ft²
House8,712 sqft lot
Lisa St. Pierre · Ashton Woods Homes
View photos & details
New Build
3
$627,230
429 Contempo Dr Unit 2
Wake Forest, NC 27587
5 bd4 ba3,561 sqft$176/ft²
House7,405 sqft lot
Lisa St. Pierre · Ashton Woods Homes
View photos & details
New Build
3
$658,450
648 Posterity Pl Unit 113
Wake Forest, NC 27587
5 bd4 ba3,433 sqft$192/ft²
House10,019 sqft lot
Lisa St. Pierre · Ashton Woods Homes
View photos & details
Looking to buy in Wake Forest?
Get connected with a local real estate expert — free, no obligation.
Active listings
303
Homes on market
Median list price
$485K
Avg. days on market
28
Days until sale
New this week
140
Newly listed
Price drops:46.9%of listings
Sale-to-list:98.7%
Who lives in Wake Forest?
Population
51,199
Median income
$120,777/yr
Median age
38.8 years
Owner-occupied
74.7%
College grads
57.8%
Avg commute
30.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Wake Forest?
Zillow home value
$515,729
Zillow rent index
$1,813/mo
Price-to-rent ratio
23.7x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Wake Forest?
Wake Forest is a community of approximately 51K residents with a median age of 38.8 years.The median household income is $120,777, which reflects a relatively affluent area with strong earning potential. 57.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 74.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Wake Forest offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wake Forest?
15 schools tracked · 15,047 students
The largest public schools serving Wake Forest, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Wake Preparatory Academy
Grades K-12 · 2,203 students
Wake Forest High School
Grades 9-12 · 2,075 students
Heritage High
Grades 9-12 · 1,817 students
Franklin Academy
Grades K-12 · 1,652 students
Heritage Middle
Grades 6-8 · 947 students
Wake Forest Middle School
Grades 6-8 · 919 students
Endeavor Charter School
Grades K-8 · 788 students
Wake Forest Charter Academy
Grades K-8 · 761 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wake Forest, NC?
Want a head-to-head view? Compare Wake Forest side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Wake Forest?
Is Wake Forest a good real estate investment market?
For investors evaluating Wake Forest, the price-to-rent ratio of 23.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Wake Forest's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wake Forest's median home price.
Frequently asked questions
What is the average home price in Wake Forest?
The median home sale price in Wake Forest is $526,250, up 8.5% from last year.
How long do homes stay on market in Wake Forest?
Homes typically spend 28 days on market before going under contract.
What is the median income in Wake Forest?
The median household income is $120,777 per year.
Is Wake Forest a buyer's or seller's market?
With 3.6 months of supply, Wake Forest is currently a balanced market.
How many homes are for sale in Wake Forest?
There are currently 303 homes listed for sale in Wake Forest, NC.
What is the Zillow home value estimate for Wake Forest?
The Zillow Home Value Index (ZHVI) for Wake Forest is $515,729, representing the typical home value in the area.
What is the median condo price in Wake Forest?
The median condo/co-op sale price in Wake Forest, NC is $342,500, compared to $597,475 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wake Forest?
The median single-family home price in Wake Forest, NC is $597,475 (about $215 per square foot).
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