Housing · Wake Forest

Wake Forest, NC housing market

The typical Wake Forest home is worth about $507,000, down 1% in a year, 51% above the North Carolina typical home. Homes typically sell in 28 days, close to asking.

Home values, sales, trends and how Wake Forest compares with the towns next door — updated as new data is published.

The market right now

Wake Forest at a glance

Typical home value
$507K
▼ 1% in a year · Zillow
Median sale price
$526K
May 2026 · Redfin
Days on market
28
North Carolina: 52 days
Sale-to-list
98.7%
Homes sell near asking
Homes sold
84
in May · 303 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 3.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

Wake ForestNorth Carolina
$150K$200K$250K$300K$350K$400K$450K$500K$550K 20182020202220242026 Wake Forest $507K North Carolina $335K
Show as a table
JanuaryWake ForestNorth Carolina
2017$307,000$179,000
2018$316,000$190,000
2019$327,000$203,000
2020$338,000$215,000
2021$366,000$242,000
2022$465,000$287,000
2023$510,000$320,000
2024$513,000$332,000
2025$521,000$338,000
2026$511,000$336,000
August 2026$507,000$335,000
Nearby

Wake Forest and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Wake Forest $507K −1% 28 $123,802
Rolesville $493K −1.2% 51 $149,565
Raleigh $429K −1.7% 32 $85,395
Affordability

4.1 years of income

The typical Wake Forest home costs about 4.1 years of the town's median household income, less than across North Carolina (4.6 years).

How Wake Forest ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
74%
North Carolina: 66.6%
Median tax bill
$3,853
North Carolina: $1,896
Median rent
$1,596
North Carolina: $1,228
Typical home built
2009
North Carolina: 1991

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Wake Forest

North Carolina · NC
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01