Wake Forest, NC
Housing market overview · Updated weekly
$470,000median sale price
Homes sold
63
Last 12 weeks
Days on market
82
Average pace
Active listings
222
3.5 months supply
Sale-to-list
98.6%
Below asking
The Wake Forest housing market is currently classified as a balanced market with a median sale price of $470,000. Prices have fallen 0.5% compared to last year, with homes spending an average of 82 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Wake Forest?
The median home sale price in Wake Forest is $470,000, down 0.5% from last year.
How long do homes stay on market in Wake Forest?
Homes typically spend 82 days on market before going under contract.
Is Wake Forest a buyer's or seller's market?
With 3.5 months of supply, Wake Forest is currently a balanced market.
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