Wake Forest Homes under $500,000

Welcome to Wake Forest, North Carolina, a charming town that perfectly blends small-town warmth with modern conveniences. Nestled just north of Raleigh, this vibrant community is renowned for its rich history, picturesque landscapes, and a strong sense of community. Wake Forest boasts a variety of parks, recreational facilities, and a bustling downtown area filled with unique shops and delightful dining options, making it an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Wake Forest is its diverse housing market, particularly for those seeking homes under $500,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a wonderful selection of properties that cater to your needs. From charming single-family homes with lush backyards to modern townhouses with community amenities, Wake Forest offers something for everyone. With the average home price still within reach, you can enjoy the benefits of homeownership without stretching your budget.

The town’s excellent schools, friendly neighborhoods, and proximity to the Research Triangle Park make it a sought-after location for families and professionals. Residents appreciate the easy access to major highways, allowing for quick commutes to Raleigh and Durham while still enjoying the tranquility of suburban life.

In Wake Forest, you’re not just buying a home; you’re investing in a lifestyle. Come explore this beautiful town and discover the perfect property that fits your vision of home sweet home!

Newest Wake Forest Homes under $500,000

$282,990

3 Beds ⋅ 3 Baths ⋅ 10196265 MLS ⋅ Pearson BLDG.

Welcome to 361 Freestall Drive in The Townes at Prestleigh. This comfortable townhome has a layout that is easy to live in—with 3 bedrooms, 2.5 bathrooms, approximately 1,418 square feet, and a 1-car garage. The 1st floor features a seamless layout—the kitchen, dining area, and family room all flow together as one. With its stunning details of quartz countertops, stainless steel appliances, and shaker-style cabinetry with crown molding accents, this kitchen is both practical and stylish. Out on the rear patio, enjoy your morning coffee or just catch a breath of fresh air. Upstairs, the primary suite includes a walk-in closet and a private bathroom with dual vanities and a walk-in shower. Two additional bedrooms provide flexible space that you can tailor to fit your household's needs. An additional full bathroom and the conveniently located 2nd floor laundry closet finish out the second story of this townhome. Residents at The Townes at Prestleigh enjoy community amenities such as the community pool, open-air covered cabana, sports goals, playground, dog park, and more! Welcome to The Townes at Prestleigh—a beautiful community with enjoyable amenities, open floorplans, and close proximity to a variety of destinations. Enjoy simple, comfortable, and functional townhome living at 361 Freestall Drive. *Photos are not of the actual home or interior features and are representative of floor plan only.

361 Freestall Dr, Wake Forest

$414,340

4 Beds ⋅ 2 Baths ⋅ 10196366 MLS ⋅ Cali BLDG.

512 Shorthorn Drive is more than just a house, it's a home. Bringing comfort and convenience together, this home offers approximately 1,764 square feet, 4 bedrooms, 2 bathrooms, and a 2-car garage. This single-level home is built for connection—the kitchen, dining area, and family room come together in an open central space made for everyday living . The kitchen features stunning quartz countertops, stainless steel appliances, a generous island, and a walk-in pantry—making meal preparation, cooking, and even hosting easy. Near the back of the home, the primary suite offers a relaxing space with an ensuite bath that boasts a walk-in closet, dual vanities, a walk-in shower, and a private water closet. 3 additional bedrooms and another full bath provide room for family, guests, or hobbies. The covered patio just outside the main living space gives you an outdoor spot to catch your breath or enjoy a morning coffee. Residents can also enjoy a community pool with a covered open-air cabana, playground, dog park, and more! Enjoy single-level living in a stylish, comfortable, and functional home at 512 Shorthorn Drive. Welcome home to The Reserve at Prestleigh. *Photos are not of the actual home or interior features and are representative of floor plan only.

512 Shorthorn Dr, Wake Forest

$420,840

3 Beds ⋅ 3 Baths ⋅ 10196350 MLS ⋅ Galen BLDG.

508 Shorthorn Drive is meticulously designed for the way you actually live. This 2-story home features approximately 2,340 square feet, 3 bedrooms, 2.5 bathrooms, and a 2-car garage. The first-floor layout brings the main living spaces together, with the kitchen opening to the dining area and great room. Your household has the room to spread out, but with the open layout, you can easily stay connected. The kitchen features quartz countertops, stainless-steel appliances, a center island, and a corner pantry. Near the front of the home, behind French doors, the flex room can take on whatever role makes the most sense for you—a formal dining area or whatever you choose. Past the main living space, you'll find your rear patio—which provides a great place for a breath of fresh air. Upstairs, the primary suite features a walk-in closet and ensuite bathroom with dual vanities, a walk-in shower, and a private water closet. 2 additional bedrooms share a nearby full bath and the 2nd floor laundry is conveniently close to the bedrooms. A versatile loft rounds out this second story, leaving you with options to utilize it as a dedicated office, home gym, or a separate living space. With a flexible layout, practical features, and plenty of ways to enjoy the community around you, 508 Shorthorn Drive gives you the freedom to shape the way you live at The Reserve at Prestleigh. *Photos are not of the actual home or interior features and are representative of floor plan only.

508 Shorthorn Dr, Wake Forest

$457,340

5 Beds ⋅ 3 Baths ⋅ 10196330 MLS ⋅ Hanover BLDG.

At 504 Shorthorn Drive, this spacious 2-story home gives you room to move through busy days. With approximately 2,804 square feet, 5 bedrooms, 3 bathrooms, and a 2-car garage, the layout offers the flexibility homeowners need for everyday life. The foyer opens to a connected main level where the kitchen, dining area, and family room create an easy setting for gathering and everyday living. A 1st-floor bedroom is positioned near a full bath, offering a practical option for multigenerational living or a quiet home office. The kitchen is built to support everything from quick meals to weekend hosting, featuring quartz countertops, stainless steel appliances, a walk-in pantry, and a center island. Just past the kitchen and dining area, the rear patio gives you a convenient outdoor spot for a quick breath of fresh air. Upstairs, the primary suite includes a spacious walk-in closet and an en-suite bathroom with dual vanities, a walk-in shower, a separate water closet, and an additional walk-in closet. 3 additional bedrooms, a use-as-you-choose loft, and a full bath are also located upstairs. Rounding out the 2nd floor is the conveniently located laundry room. With its 5-bedroom layout, 3 full bathrooms, multiple living areas, and meticulous details, 504 Shorthorn Drive offers the space and adaptability to support the way you live. *Photos are not of the actual home or interior features and are representative of floor plan only.

504 Shorthorn Dr, Wake Forest

$290,990

3 Beds ⋅ 3 Baths ⋅ 10196241 MLS ⋅ Pearson BLDG.

Located at 359 Freestall Drive in The Townes at Prestleigh, this end-unit townhome features an intuitive layout with 3 bedrooms, 2.5 bathrooms, approximately 1,418 square feet, and a single car garage. The main level offers an open-concept design, bringing together the kitchen, dining area, and family room into one comfortable living space. Quartz countertops, stainless steel appliances, and ample cabinet storage add both style and practicality to this functional kitchen. Take a step just past the living space and venture out to the rear patio, which provides the perfect place to sip your morning coffee or just catch a breath of fresh air. Upstairs, the primary suite includes a walk-in closet and private bathroom with dual vanities and a walk-in shower. Two additional bedrooms provide flexible space that you can tailor to fit your household's needs. An additional full bathroom and the conveniently located 2nd floor laundry closet finish out the second story of this townhome. Enjoy simple, comfortable, and functional townhome living at 359 Freestall Drive. Welcome home to The Townes at Prestleigh. *Photos are not of the actual home or interior features and are representative of floor plan only.

359 Freestall Dr, Wake Forest

$335,000

3 Beds ⋅ 4 Baths ⋅ 10196160 MLS

Bright, stylish, and easy to love—this 2024 built END-UNIT townhome delivers modern living in a vibrant Wake Forest community. The open-concept main living area is filled with natural light and features a beautiful white kitchen with QUARTZ countertops, GAS RANGE, a timeless SUBWAY TILE backsplash, stainless steel appliances and flows seamlessly into the living and dining spaces. Off the dining area is a private deck, perfect for your bistro set and potted florals. Thoughtfully designed, this 3 story townhome offers a FIRST FLOOR BEDROOM WITH a FULL BATH allowing guests their own space OR a private office for those working remotely. And of course, the upstairs spacious primary suite is serene and airy with large windows, a generous walk in closet too. The en suite bathroom strikes the perfect balance of style and function with a large double vanity and luxe tiled shower with glass enclosure. Enjoy an active, connected lifestyle with the clubhouse, pool, playground, tennis/pickleball courts, and meandering walking and biking trails just a short stroll away. Minutes to quaint downtown Wake Forest, Wegmans, Starbucks, restaurants and shopping. Professionally painted along with professionally cleaned carpets, this home is truly move-in ready. A one-car GARAGE with room for shelving, plus attic storage for seasonal items, adds the finishing touch to this thoughtfully designed home!

1701 Chirping Trl, Wake Forest

$354,900

3 Beds ⋅ 3 Baths ⋅ 10196143 MLS

Charming 3-bedroom, 2.5-bath home tucked on a quiet cul-de-sac, just minutes from all that downtown Wake Forest has to offer! Step onto the inviting front porch, or relax on the private 2nd-story porch right off the primary suite. Inside, you'll find a recently remodeled kitchen and a beautifully updated primary bath — both move-in ready with Fresh interior paint and brand-New Carpet throughout. A flexible office space offers the option to convert into a second dining room to suit your needs. Hardwood Floors on 1st floor living. Enjoy outdoor living on the freshly painted deck, all within a fully fenced yard. Recent updates include a New Dishwasher, Newer A/C unit, and all appliances convey! This home checks every box — don't miss your chance to make it yours at this incredible price! All communitcation with Amie Williams 919-414-9966

308 Black Swan Way, Wake Forest

$485,000

3 Beds ⋅ 3 Baths ⋅ 10195950 MLS

Located in the HEART of Heritage, this beautiful 3-bedroom, 2.5-bath home offers a fantastic combination of space, style, and convenience! Enjoy added peace of mind with a water heater replaced within the past five years. Featuring an inviting open floor plan, soaring ceilings in the family room, and a separate formal dining room, this home is perfect for everyday living and entertaining. The updated kitchen boasts beautiful stone countertops and opens to the spacious family room, creating a bright and welcoming atmosphere. The desirable first-floor primary suite offers comfort and privacy, while upstairs you'll find two generously sized bedrooms and a conveniently located second-floor laundry room. Additional highlights include ample storage, a two-car garage, and upgrades throughout. Ideally situated in the sought-after Heritage community, just minutes from major highways, shopping, dining, and entertainment. This move-in-ready home has it all!

1612 Heritage Garden St, Wake Forest

$465,000

4 Beds ⋅ 3 Baths ⋅ 10195925 MLS

This spacious 4-bedroom, 3-bath home has a great layout, tons of storage, and plenty of room to spread out. A rocking chair front porch welcomes you into the open main level featuring a gourmet kitchen with quartz countertops, large island, two ovens—including a gas range and electric wall oven—hooded exhaust vent, and convenient pull-out lower cabinet shelves. An office with French doors provides a dedicated work-from-home space. The main-floor guest suite with full bath and walk-in shower is perfect for visitors or multigenerational living. Just off the large 2-car garage, the drop zone includes a large walk-in storage area with shelving. Upstairs, the spacious primary suite features two walk-in closets and a private bath with a tiled shower, dual shower heads, and built-in bench. Two good-sized secondary bedrooms, another full bath, laundry room with cabinetry, and oversized closets provide even more storage. The large loft is ready for movie nights with built-in surround sound and wiring in the floor and ceiling for a projector setup. Outside, enjoy the screened porch, fenced backyard, and an additional patio that's perfect for grilling. The HOA-owned lot next door is not designated for future home construction, offering additional privacy. Solar panels add another great feature to the home. The neighborhood offers a community pool, playground, and firepit, with a convenient location for enjoying everything Wake Forest, Youngsville, and growing Franklinton have to offer.

308 Mason Oaks Dr, Wake Forest

$454,900

4 Beds ⋅ 4 Baths ⋅ 10195911 MLS

Welcome to this beautiful 4-bedroom home with a spacious BONUS/FLEX room, offering an inviting layout with plenty of space to live, work, and entertain. *The main level features a dedicated office, formal dining room, and a bright living room with a fireplace and abundant natural light. The spacious kitchen is centered around a LARGE ISLAND with generous counter space and an open flow into the main living areas. *Upstairs, the primary suite features a large DOUBLE VANITY, walk-in shower, and separate soaking tub, along with three additional bedrooms and a versatile bonus/flex room perfect for a media room, playroom, home gym, or additional workspace. *Step outside to the beautiful SCREENED-IN back porch, ideal for relaxing or entertaining while enjoying the backyard. A thoughtfully designed home with flexible spaces, natural light, and room for every part of daily life.

2236 Longmont Dr, Wake Forest

$225,000

3 Beds ⋅ 2 Baths ⋅ 10195721 MLS

Tucked away on a private, wooded cul-de-sac lot near the Wake/Granville county line, this affordable 3 bedroom home offers a unique combination of country living, low county taxes, and convenience to Wake Forest, Raleigh, and RTP. Inside, the spacious family room features a beautiful stone-surround fireplace. The kitchen was updated in 2022 with new cabinets, countertops, sink, faucet, island, and appliances. The kitchen features a built-in double oven and large island with electric cooktop. The generously sized primary bedroom features beadboard walls, a ceiling fan, walk-in closet, and direct access to a three-season room overlooking nature. The primary bath includes a deep walk-in tub with door, separate shower, and dual vanities (counters, tub, and floor added in 2022). Other updates include an HVAC coil replacement in 2023, new water heater in 2023, and new pressure tank in Nov/Dec 2025. The property features a large covered carport ideal for two vehicles or an RV (has electric hookup). Easy access to Highway 98 and US1, close to Falls Lake, and a short drive to Wake Forest for shopping, restaurants, etc. The septic tank was last pumped in 2024.

3162 Twig Ct, Wake Forest

$374,900

2 Beds ⋅ 2 Baths ⋅ 10195702 MLS

Walk to Falls Lake! 6 minutes to the boat ramp. Country Living, Character and Charm. Convenient to Raleigh & Wake Forest. This full front porch 1.5 Story Bungalow 2 BR 1.5 BA w/ spacious kitchen on a Beautiful .57 acre lot. w/double sided drive thru 21x21 2 car Garage. hot tub and washer and dryer convey. Circular driveway, separate Three bay barn/man cave lots of storage lots of parking a Koi pond with 10 ft waterfall, Fire pit area. HVAC- 5yrs, Roof 5 yrs, well pump 2 yrs,

1009 Old Keith Rd, Wake Forest

Start Your Search

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group nor any listing broker shall 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 and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .