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

Wake Forest Market Report

$507,644

AVERAGE PRICE OF 652 HOMES

$480,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,323,649

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$510,528

AVERAGE PRICE OF 393 NEWLY BUILT HOMES

$557,196

AVERAGE PRICE OF 280 HOMES WITH A POOL

$799,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $507,644
Avg Bedrooms 3.81 beds
Avg Bathrooms 3.54 baths

Average Price by Bedrooms

2 bedrooms $352,463
3 bedrooms $348,691
4 bedrooms $554,082
5 bedrooms $675,515
Wake Forest Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 628 588 n/a 514 521
Average Price $501,772 $504,805 n/a $501,083 $499,063
Avg Price Change -0.60% n/a n/a +0.40% +2.07%
Median Price $434,324 $435,537 n/a $429,183 $422,932
Med Price Change -0.28% n/a n/a +1.48% +0.79%
Avg Bedrooms 3.79 beds 3.81 beds n/a 3.87 beds 3.83 beds
Avg Bathrooms 3.53 baths 3.55 baths n/a 3.59 baths 3.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Franklinton 38 $315,092 85 days
Heritage 77 $536,944 71 days
Wake Cty School District 41 $393,987 87 days
Wake Forest 286 $447,289 77 days
Wakefield 113 $760,676 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 652 $507,644 81 days
Distressed Homes 1 $480,000 43 days
Multi-Million Dollar Homes 37 $1,323,649 142 days
Newly Built Homes 393 $510,528 105 days
Homes with a Pool 280 $557,196 85 days
Reduced Price Homes 1 $799,900 15 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 2021 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 May 9, 2021
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