Wake Forest Market Report
$695,218
AVERAGE PRICE OF 579 HOMES$79,900
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,498,949
AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES$728,047
AVERAGE PRICE OF 335 NEWLY BUILT HOMES$765,024
AVERAGE PRICE OF 141 HOMES WITH A POOL$661,812
AVERAGE PRICE OF 37 REDUCED PRICE HOMESAverage Home
| Average Price | $695,218 |
| Avg Bedrooms | 3.58 beds |
| Avg Bathrooms | 3.48 baths |
Average Price by Bedrooms
| 2 bedrooms | $579,353 |
| 3 bedrooms | $424,113 |
| 4 bedrooms | $833,088 |
| 5 bedrooms | $877,007 |
Wake Forest Home Price Trends
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 534 | 488 | 506 | 564 | 592 |
| Average Price | $715,305 | $723,104 | $713,767 | $703,926 | $704,655 |
| Avg Price Change | -1.09% | +1.31% | +1.40% | -0.10% | -0.77% |
| Median Price | $549,738 | $570,740 | $586,983 | $586,962 | $585,560 |
| Med Price Change | -3.82% | -2.85% | +0.00% | +0.24% | +2.46% |
| Avg Bedrooms | 3.79 beds | 3.79 beds | 3.6 beds | 3.68 beds | 3.39 beds |
| Avg Bathrooms | 3.23 baths | 3.24 baths | 3.47 baths | 3.81 baths | 2.92 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Franklinton | 25 | $434,464 | 62 days |
| Heritage | 54 | $559,574 | 53 days |
| Wake County Schools | 46 | $585,455 | 97 days |
| Wake Forest | 315 | $591,060 | 94 days |
| Wakefield | 96 | $1,230,056 | 140 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 579 | $695,218 | 98 days |
| Distressed Homes | 1 | $79,900 | 61 days |
| Multi-Million Dollar Homes | 101 | $1,498,949 | 148 days |
| Newly Built Homes | 335 | $728,047 | 120 days |
| Homes with a Pool | 141 | $765,024 | 88 days |
| Reduced Price Homes | 37 | $661,812 | 74 days |
