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Wake Forest, NC Real Estate & Property Data

Wake Forest Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Wake Forest, NC 27587. ATTOM’s Wake Forest real estate data is updated daily, and current market trends show that in Wake Forest, NC a total of 1,716 residential properties have sold over the past year. With a median home price of $515,000 in Wake Forest and a total of 6 foreclosures. Get detailed property data for Wake Forest, NC instantly. ATTOM is your one-stop-shop for the Wake Forest property reports and real estate data you need in Wake Forest, NC.

Wake Forest Real Estate Market Trends

Get property data for any address in Wake Forest, NC or the country:

Total Residential Properties 29,746

Total Commercial Properties 853

Avg. Home Age (Single Family Home) 22 Years

Avg. Square Feet (Single Family Home) 2,689

Total 2025 Residential Sales (year-to-date) 176

% of Homes Seriously Underwater (Q2 2025) 0.67%

Total 2024 Residential Sales 1,619

% of Equity Rich Homes (Q2 2025) 40.24%

Effective 2024 Property Tax 0.78%

Total Foreclosure Filings (year-to-date) 10

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Wake Forest, NC 27587 Real Estate Overview

There were 1,716 residential properties sold in the past year in Wake Forest, NC 27587. The median home value in Wake Forest, NC 27587 is $514,132. There are a total of 29,746 residential properties in the 27587.

Median Sales Price i

$515,000

(Feb 2025)

-8.8%

year-over-year

y-o-y

February '25 Feb '25 $515,000
January '25 Jan '25 $570,000
December '24 Dec '24 $535,000
November '24 Nov '24 $500,000
October '24 Oct '24 $645,000
September '24 Sep '24 $609,000
August '24 Aug '24 $599,000
July '24 Jul '24 $615,000
June '24 Jun '24 $560,000
May '24 May '24 $535,000
April '24 Apr '24 $560,000
March '24 Mar '24 $550,000

Median Down Payment i

$75,750

(Feb 2025)

-29.9%

year-over-year

y-o-y

February '25 Feb '25 $75,750
January '25 Jan '25 $117,000
December '24 Dec '24 $107,000
November '24 Nov '24 $87,000
October '24 Oct '24 $126,000
September '24 Sep '24 $134,000
August '24 Aug '24 $103,045
July '24 Jul '24 $129,572
June '24 Jun '24 $107,200
May '24 May '24 $115,000
April '24 Apr '24 $115,340
March '24 Mar '24 $106,000

Number of Homes Sold i

89

(Feb 2025)

-39.9%

year-over-year

y-o-y

February '25 Feb '25 89
January '25 Jan '25 87
December '24 Dec '24 120
November '24 Nov '24 102
October '24 Oct '24 161
September '24 Sep '24 109
August '24 Aug '24 138
July '24 Jul '24 175
June '24 Jun '24 148
May '24 May '24 151
April '24 Apr '24 165
March '24 Mar '24 123

Number of Purchase Loans i

84

(Feb 2025)

-40.8%

year-over-year

y-o-y

February '25 Feb '25 84
January '25 Jan '25 79
December '24 Dec '24 93
November '24 Nov '24 105
October '24 Oct '24 159
September '24 Sep '24 120
August '24 Aug '24 139
July '24 Jul '24 148
June '24 Jun '24 131
May '24 May '24 143
April '24 Apr '24 171
March '24 Mar '24 132

Number of REFI Loans i

48

(Feb 2025)

-21.3%

year-over-year

y-o-y

February '25 Feb '25 48
January '25 Jan '25 45
December '24 Dec '24 57
November '24 Nov '24 57
October '24 Oct '24 93
September '24 Sep '24 59
August '24 Aug '24 52
July '24 Jul '24 60
June '24 Jun '24 50
May '24 May '24 49
April '24 Apr '24 73
March '24 Mar '24 49

Number of HELOC Loans i

45

(Feb 2025)

-10%

year-over-year

y-o-y

February '25 Feb '25 45
January '25 Jan '25 47
December '24 Dec '24 49
November '24 Nov '24 45
October '24 Oct '24 68
September '24 Sep '24 53
August '24 Aug '24 53
July '24 Jul '24 52
June '24 Jun '24 71
May '24 May '24 61
April '24 Apr '24 71
March '24 Mar '24 39

Wake Forest, NC 27587 Real Estate Market Overview

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Wake Forest, NC 27587 Foreclosure Activity

There were a total of 6 Wake Forest, NC 27587 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

6

(Feb 2025)

+50%

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 4
December '24 Dec '24 6
November '24 Nov '24 8
October '24 Oct '24 3
September '24 Sep '24 3
August '24 Aug '24 5
July '24 Jul '24 1
June '24 Jun '24 4
May '24 May '24 4
April '24 Apr '24 4
March '24 Mar '24 N/A

Foreclosure Starts i

5

(Feb 2025)

+150%

year-over-year

y-o-y

February '25 Feb '25 5
January '25 Jan '25 1
December '24 Dec '24 4
November '24 Nov '24 6
October '24 Oct '24 2
September '24 Sep '24 2
August '24 Aug '24 4
July '24 Jul '24 1
June '24 Jun '24 3
May '24 May '24 2
April '24 Apr '24 3
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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