Why Live in Wake Forest
Wake Forest, located between the Blue Ridge Mountains and North Carolina's coastal beaches, is a growing town with over 54,000 residents. Known for its community spirit, the town features a vibrant downtown area with shops, cafes, live music, and art festivals. The Wake Forest Greenway system connects various parts of the town, offering residents access to longleaf pine-wooded parks and trails. Despite heavy traffic from Raleigh, 18 miles south, the town maintains a slow-paced, rural atmosphere. Wake Forest is less than 30 miles from Research Triangle Park, making it an attractive location for those working in the tech industry. The town has a mix of home styles, including New Traditional homes and historic Federal- and Victorian-style houses. Heritage, a master-planned neighborhood, offers country club amenities and commercial development. The town plans to expand housing along its eastern border and near major highways by the mid-to-late 2020s. Wake Forest boasts 17 parks, nearly 15 miles of paved greenway trails, and recreational areas like Falls Lake State Recreation Area. Joyner Park hosts the annual Six Sundays in Spring concert series, and Holding Park features an all-inclusive playground. Downtown Wake Forest is a cultural hub with art galleries, boutiques, and bistros. Events like Friday Night on White and the Meet in the Street Festival bring the community together. Wake County Public Schools are highly rated, and Wake Forest High offers specialized programs. The town is safer than the national average, with unique police programs fostering community bonds. Wake Forest is well-connected, with routes to Raleigh, Durham, and Raleigh-Durham International Airport 24 miles away.
Home Trends in Wake Forest, NC
On average, homes in Wake Forest, NC sell after 53 days on the market compared to the national average of 50 days. The median sale price for homes in Wake Forest, NC over the last 12 months is $499,900, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$499,900
Median Single Family Sale Price
$550,000
Median Townhouse Sale Price
$368,000
Median 2 Bedroom Sale Price
$349,490
Median 1 Bedroom Sale Price
$293,675
Average Price Per Sq Ft
$221
Number of Homes for Sale
537
Last 12 months Home Sales
3,010
Median List Price
$508,070
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-5%