If you need assistance, please call 919-882-6005

Wake Forest Market Report

$450,385

AVERAGE PRICE OF 881 HOMES

$310,500

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,529,844

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$452,442

AVERAGE PRICE OF 489 NEWLY BUILT HOMES

$500,390

AVERAGE PRICE OF 387 HOMES WITH A POOL

$451,309

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $450,385
Avg Bedrooms 3.85 beds
Avg Bathrooms 3.61 baths

Average Price by Bedrooms

2 bedrooms $356,178
3 bedrooms $323,948
4 bedrooms $471,074
5 bedrooms $595,885
Wake Forest Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 881 908 873 802 750
Average Price $442,716 $437,800 $435,147 $432,643 $434,580
Avg Price Change +1.12% +0.61% +0.58% -0.45% -1.52%
Median Price $391,707 $390,636 $385,746 $382,717 $383,550
Med Price Change +0.27% +1.27% +0.79% -0.22% -1.26%
Avg Bedrooms 3.82 beds 3.82 beds 3.85 beds 3.85 beds 3.86 beds
Avg Bathrooms 3.54 baths 3.53 baths 3.54 baths 3.52 baths 3.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Heritage 177 $451,347 85 days
Wake - Rolesville 43 $411,598 103 days
Wake - Wake Forest 420 $446,573 118 days
Wake - Wakefield 53 $613,611 108 days
Wake Cty School District 117 $449,782 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 881 $450,385 108 days
Distressed Homes 6 $310,500 209 days
Multi-Million Dollar Homes 19 $1,529,844 108 days
Newly Built Homes 489 $452,442 141 days
Homes with a Pool 387 $500,390 113 days
Reduced Price Homes 25 $451,309 78 days
Ismay Realty Group
Greg Ismay
808 Salem Woods Drive Suite 204
Raleigh, NC 27615
919-882-6005


Gerry Houseknecht NMLS #91019 | Loan Officer| Cell: 919.673.7555 | Office: 984.239.2906 ghouseknecht@cmgfi.com

Jenifer Gold Maldonado NMLS #69516 | Loan Officer | Cell: 919.810.2276 | jmaldonado@cmgfi.com
CMG Financial | Corporate NMLS# 1820 | 9208 Falls of Neuse Road Suite 101 | Raleigh, NC 27615
Web: www.cmgfi.com (http://www.cmgfi.com/)

© 2018 CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS# 1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and www.nmlsconsumeraccess.org
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2019 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated June 26, 2019