What is the housing market like in Traditions today?
In March 2024, Traditions home prices were up 7.1% compared to last year, selling for a median price of $550K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,000
+7.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Traditions, NC
$550,000
+7.1%
United States
To compare other locations to the Traditions and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Wake Forest add value to a home.
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How hot is the Traditions housing market?
Traditions is somewhat competitive. Homes sell in 57 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 25 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Traditions housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Traditions.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Traditions has a minor risk of flooding. 15 properties in Traditions are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Traditions. Flood risk is increasing faster than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
Traditions has a moderate risk of wildfire. There are 628 properties in Traditions that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in Traditions.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Traditions has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Traditions is most at risk from hurricanes. 637 properties in Traditions have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.