All Home Types
Wake Forest, NC Housing Market
What is the housing market like in Wake Forest today?
In October 2024, Wake Forest home prices were down 16.2% compared to last year, selling for a median price of $431K. On average, homes in Wake Forest sell after 40 days on the market compared to 49 days last year. There were 105 homes sold in October this year, up from 63 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$431,340
-16.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Wake Forest, NC
$431,340
-16.2%
United States
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Wake Forest Migration & Relocation Trends
In Sep '24 - Nov '24, 26% of Wake Forest homebuyers searched to move out of Wake Forest, while 74% looked to stay within the metropolitan area.
- Across the nation, 0.97% of homebuyers searched to move into Wake Forest from outside metros.
- Washington homebuyers searched to move into Wake Forest more than any other metro followed by New York and Fayetteville.
Where are people moving to Wake Forest from?
- 74% of Wake Forest homebuyers searched to stay within the Wake Forest metropolitan area.
- Myrtle Beach was the most popular destination among Wake Forest homebuyers followed by Greensboro and Asheville.
Where are people from Wake Forest moving to?
Number of People Moving to Wake Forest
least
most
People are moving to Wake Forest from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 858 | ||
| 2 | 683 | ||
| 3 | 639 | ||
| 4 | 522 | ||
| 5 | 504 | ||
| 6 | 389 | ||
| 7 | 291 | ||
| 8 | 249 | ||
| 9 | 248 | ||
| 10 | 239 | ||
People are leaving Wake Forest for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 259 | ||
| 2 | 207 | ||
| 3 | 152 | ||
| 4 | 151 | ||
| 5 | 118 | ||
| 6 | 113 | ||
| 7 | 106 | ||
| 8 | 39 | ||
| 9 | 35 | ||
| 10 | 19 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Wake Forest.
Provided by First Street Foundation
Transportation in Wake Forest
Learn about the walkability, bikeability, and transit-friendliness of Wake Forest
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Somewhat Bikeable
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