Wake Forest Real Estate Market

Wake Forest Market

The median sale price for homes in Wake Forest over the last 12 months is $229,331.


The median mortgage debt is $162,503.

Additional Statistics for Single Family Homes and Condos in Wake Forest, NC
$315,710
Median Listing Price
71
Median Days on Market
548
Active Listings
6.9%
Distressed Listings
(foreclosures and short sales)
Wake Forest, NC Price Trends - Sold vs. Listed
The median list price in May for single family homes in Wake Forest is $330,000. The list prices dropped by -1.49% from the previous month.

The price per square foot for listings in this area is $119.

The median sale price in January for single family homes is $213,000. The sale prices dropped by -20.81% from the previous month.

The price per square foot for sales in this area is $81.

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Wake Forest, NC Market Inventory Trends

The number of active listings in Wake Forest increased by 6.1% from the previous month.

The median number of days active properties have been listed is 74. This is significantly shorter than the national average.

The number of sales in January dropped by 42.9% from the previous month.

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Wake Forest, NC Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.