The Northeast Wake Forest housing market is very competitive. The median sale price of a home in Northeast Wake Forest was $469K last month, up 11.7% since last year.
What is the housing market like in Northeast Wake Forest today?
In February 2024, Northeast Wake Forest home prices were up 11.7% compared to last year, selling for a median price of $469K. On average, homes in Northeast Wake Forest sell after 3 days on the market compared to 38 days last year. There were 5 homes sold in February this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$469,240
+11.7% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Northeast Wake Forest, NC
$469,240
+11.7%
United States
To compare other locations to the Northeast Wake Forest 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 Northeast Wake Forest housing market?
Northeast Wake Forest is very competitive. Homes sell in 20 days.
0
100
73
Very 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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 20 days.
Hot homes
can sell for about 6% above list price and go pending in around 4 days.
Learn about schools in the Northeast Wake Forest area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Northeast Wake Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northeast Wake Forest.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northeast Wake Forest has a moderate risk of flooding. 29 properties in Northeast Wake Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Northeast Wake Forest. Flood risk is increasing slower than the national average.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
Northeast Wake Forest has a moderate risk of wildfire. There are 490 properties in Northeast Wake Forest that have some risk of being affected by wildfire over the next 30 years. This represents 66% of all properties in Northeast Wake Forest.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Northeast Wake Forest has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northeast Wake Forest is most at risk from hurricanes. 738 properties in Northeast Wake Forest 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.
98% of properties are at major
risk of heat over the next 30 years
Heat Factor
Northeast Wake Forest has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Northeast Wake Forest have a Major Heat Factor®.
Northeast Wake Forest is expected to see a 142% increase in the number of days over 106ºF over the next 30 years. Northeast Wake Forest is expected to experience 7