Wake Forest Market Report
$696,801
AVERAGE PRICE OF 616 HOMES$1,602,460
AVERAGE PRICE OF 90 MULTI-MILLION DOLLAR HOMES$708,919
AVERAGE PRICE OF 366 NEWLY BUILT HOMES$572,465
AVERAGE PRICE OF 6 REDUCED PRICE HOMES$481,175
AVERAGE PRICE OF 4 DISTRESSED HOMES$810,294
AVERAGE PRICE OF 156 HOMES WITH A POOLAverage Home
| Average Price | $696,801 |
| Avg Bedrooms | 3.45 beds |
| Avg Bathrooms | 3.49 baths |
Average Price by Bedrooms
| 1 bedroom | $289,000 |
| 2 bedrooms | $561,457 |
| 3 bedrooms | $559,013 |
| 4 bedrooms | $601,045 |
| 5 bedrooms | $1,349,414 |
Wake Forest Home Price Trends
| 11/2023 | 10/2023 | 9/2023 | 8/2023 | 7/2023 | |
|---|---|---|---|---|---|
| Total Listings | 611 | 604 | 578 | 540 | 527 |
| Average Price | $702,979 | $719,322 | $730,950 | $741,569 | $752,066 |
| Avg Price Change | -2.32% | -1.62% | -1.45% | -1.42% | +2.33% |
| Median Price | $549,166 | $566,427 | $570,561 | $589,209 | $581,277 |
| Med Price Change | -3.14% | -0.73% | -3.27% | +1.36% | +1.55% |
| Avg Bedrooms | 3.34 beds | 3.59 beds | 3.62 beds | 3.67 beds | 3.61 beds |
| Avg Bathrooms | 3.43 baths | 3.54 baths | 3.58 baths | 3.58 baths | 3.54 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Heritage | 38 | $557,692 | 74 days |
| S. Granville | 18 | $781,588 | 106 days |
| Wake | 2 | $1,049,500 | 26 days |
| Wake County Schools | 69 | $606,640 | 104 days |
| Wake Forest | 335 | $769,314 | 63 days |
| Wakefield | 118 | $1,082,182 | 128 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 616 | $696,801 | 66 days |
| Multi-Million Dollar Homes | 90 | $1,602,460 | 88 days |
| Newly Built Homes | 366 | $708,919 | 74 days |
| Reduced Price Homes | 6 | $572,465 | 39 days |
| Distressed Homes | 4 | $481,175 | 76 days |
| Homes with a Pool | 156 | $810,294 | 95 days |
