Market report, updated

Market Report

Search in the city of Wake Forest

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Report prepared by Mhomesgroup.com The M Homes Group
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Market at a glance

Over the last 6 months, homes sold for 98.5% of list price in 102 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $726K Sold · $716K
$750K$670K$590K$510K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 197 sales in Jun. Last month: 115.

Where the market stands

All homes in this report, by status.

1,579homes
Active544 · 34%
Under contract172 · 11%
Sold (6 mo)863 · 55%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$666K
Under contract$650K
Sold$622K

Average days on market

Active97 days
Under contract138 days
Sold102 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 544
Average list price $666,052
Avg. days on market 97 days
Avg. price per ft² $223
Avg. living area 2,829 ft²
Avg. beds / baths 3.7 / 3.5

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

8 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 238 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

26 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1325 Eagleson Ln$563
2213 Paddstowe Main Way$513
2308 Wonderland Dr$509
1649 Legacy Ridge Ln$458
1625 Legacy Ridge Ln$425
7960 Wexford Waters Ln$404
7824 Ailesbury Rd$394

All active listings (544)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
646 Gimari DrWake Forest, NC 27587 341,735$324,900$1871 day
1004 Autumn Meadow LnWake Forest, NC 27587 332,592$539,000$2072 days
3440 Lilac LnWake Forest, NC 27587 432,432$537,000$2201 day
637 N Main StWake Forest, NC 27587 333,229$775,000$2403 days
1226 Smith Creek WayWake Forest, NC 27587 433,318$756,915$2282 days
3843 Graham Sherron RdWake Forest, NC 27587 444,316$1,250,000$2892 days
613 Ramo Grande DrWake Forest, NC 27587 432,340$412,340$1762 days
608 Harris Point WayWake Forest, NC 27587 321,172$275,000$23427 days
3414 Tennyson CtWake Forest, NC 27587 443,455$856,000$2472 days
321 Heritage Regency DrWake Forest, NC 27587 553,529$799,900$2262 days
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“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 .