How does the housing market look in 27587? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
27587 Wake Forest, NC
Median Sale Price
$571,740
9.9%
New Listings
132
5.6%
Number of Homes Sold
74
27.5%
Median Days on Market
30
275.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in 27587, Wake Forest, NC sold for a median price of $571,740, up 9.9% compared to the same period last year. The median price per square foot was $202.79, up 5.3% year-over-year. There were 74 homes sold, down from 102 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 27587, Wake Forest, NC was 538, up 3.7% compared to last year. In the last 30 days, 132 new homes were listed for sale, up 5.6% year-over-year. The median days on market was 29.5, up from 7.86 days last year. The months of supply was 3.88, up from 1.06 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 27587, Wake Forest, NC had a median sale-to-list-price ratio of 95.86%, down 5.3 pt compared to the same period last year. 14.87% of homes sold above list price, down 42 pt year-over-year. 48.65% of homes listed dropped in price, up 38.8 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In 27587
Lennar Carolinas LLC • MLS 2493898 • Status: Active
Lennar Carolinas LLC • MLS 2493848 • Status: Active
Lennar Carolinas LLC • MLS 2493843 • Status: Active
Lennar Carolinas LLC • MLS 2493838 • Status: Active
NorthGroup Real Estate, Inc. • MLS 2493786 • Status: Active
Lennar Carolinas LLC • MLS 2493771 • Status: Active
Lennar Carolinas LLC • MLS 2493767 • Status: Active
Lennar Carolinas LLC • MLS 2493763 • Status: Active
Lennar Carolinas LLC • MLS 2493759 • Status: Active
NextHome Turn Key Realty • MLS 2493725 • Status: Coming Soon
Movil Realty • MLS 2493716 • Status: Active
Compass -- Raleigh • MLS 2493668 • Status: Active
Orchard Brokerage LLC • MLS 2493628 • Status: Active
eXp Realty, LLC • MLS 2493605 • Status: Active
Garman Homes LLC • MLS 2493597 • Status: Active
Howard Perry & Walston Realtor • MLS 2493565 • Status: Active
Fonville Morisey/Midtown Sales Office • MLS 2493481 • Status: Active
Clickit Realty • MLS 2493452 • Status: Active
Relevate Real Estate Inc. • MLS 2493437 • Status: Active
Mark Spain Real Estate • MLS 2493431 • Status: Active