Housing in Wake Forest, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$455,000
Median List Price
$507,450
Price Per Sq Ft
$181
Days on Market
56
Active Inventory
219
Months of Supply
6.3
Buyer's market
Zillow Home Value
$504,332
ZHVI — January 2026
Zillow Rent Index
$1,757
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
8.6%
Off Market in 2 Weeks
27.4%
Sale-to-List Ratio
97.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
35
New Listings
80
Pending Sales
62
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$181
Median List $/SF
$204
Wake Forest vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Wake Forest is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$435,000
Median Rent
$1,458
Total Housing Units
18,824
Vacancy Rate
5.1%
Owner Occupied
74.7%
Renter Occupied
25.3%
Median Property Tax
$3,626
per year
Monthly Cost (w/ Mortgage)
$1,942
Housing Types
The current median sale price in Wake Forest, NC is $455,000 according to Redfin data. Homes spend a median of 56 days on the market. 8.6% of homes sold above asking price. The market has 6.3 months of supply. The median price per square foot is $181. Zillow's observed rent index is $1,757/month. About 74.7% of housing units are owner-occupied. The median year homes were built is 2007. There are 18,824 total housing units.