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Wake Forest, NC Housing Market & City Data

Explore key insights and real experiences from people who call Wake Forest home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

5.0
Average City Rating
45,629
Population Estimate
$298,673
Median Home Value
96.1%
Employment Rate
54.6%
Bachelor's Degree+

Wake Forest City Reviews

Real experiences from people who call Wake Forest home.

5.0
(2 Reviews)

Rick Tortora

Wake Forest, NC is 8-10 miles north of downtown Raleigh via Capital Blvd. It's my home town, it's vibrant, convenient and one of the best places to live in North Carolina. Living in Wake Forest offers residents a suburban feel and most own their homes. There are a lot of parks, great shopping, Healthcare providers like Duke, REX. ... and the public schools are highly rated. Wake Forest Chamber of Commerce and the Downtown Revitalization Corporation, have been active in redefining itself with an eye on controlled growth and broad based public offerings. Wake Forest offers buyer more real estate for the money...

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Rick Tortora

I've lived in Wake Forest since 2006 raised my family here, and have enjoyed all aspects of the small town feel, coupled with all the local conveiences that have come over time. Here you'll enjoy larger homes, on larger home sites often consdierably less than North Raleigh, Morrisville and Cary. The Falls Lake area offers some new opportunities for those looking to build.

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Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$210
Median Listing Price$549,450
Median Days on Market62
Active Listings451
New Listings120
Total Listings (Active + Pending)641
Avg Listing Price$724,999
Avg Listing Price Change MoM2%
Avg Listing Price Change YoY-8%

HOUSEHOLD OVERVIEW

Family Size3.29
Family Dual Income57.8
Median Household Income$92,210
Median Individual Income$43,783
Home Ownership71.3%
Home Value$298,673
Median Rent$1,117
Rent Burden26.8%
Poverty5.3%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED3.4%
  • Highschool Education15.4%
  • Some College26.6%
  • Bachelors Degree36.4%
  • Graduate Degree18.2%
  • Total College or Above54.6%
  • Stem Degree44.4%

GENDER BREAKDOWN

  • Male47.0%
  • Female53.0%

MARITAL STATUS

  • Married57.6%
  • Divorced11.3%
  • Never Married26.9%
  • Widowed4.2%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityWake Forest
State IDNC
Population45,629

AGE BREAKDOWN

Age Group% of Population
Under 1832.4%
19–2910.1%
30–3912.7%
40–4915.8%
Age Group% of Population
50–5913.0%
60–698.2%
70–795.4%
80+2.2%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation69.7%
Unemployment Rate3.9%
Disabled7.4%

ETHNICITY

White78.0%
Black14.8%
Asian1.4%
Native American0.1%
Pacific Islander0.0%
Other1.7%
Multiple4.0%

OTHER

Hispanic5.6%
Limited English1.1%
Health Uninsured4.0%
Veteran7.1%

Local Discussions

Community questions and conversations about living in Wake Forest, NC.

  1. Is Wake Forest, NC a good place to buy a house?

    Local perspectives on Wake Forest home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Wake Forest, NC for families?

    Local insights on Wake Forest neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Wake Forest, NC housing market?

    Local insights on Wake Forest home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Wake Forest, NC?

    Compare Wake Forest home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Wake Forest, NC?

    Explore Wake Forest neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Wake Forest, NC?

    Learn how Wake Forest home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Wake Forest, NC?

    Learn how Wake Forest property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Wake Forest, NC for first-time home buyers?

    Explore Wake Forest neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Wake Forest, NC?

    Local perspectives on Wake Forest neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Wake Forest, NC?

    What newcomers should know about Wake Forest housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Wake Forest, NC

Scott Hoffman

The Hoffman Realty Group at Keller Williams Legacy Realty

Apex, NC

5.0 (25 reviews)

31 Years of Experience

Tina Caul

Caul Group Residential | eXp Realty

Cary, NC

5.0 (90 reviews)

25 Years of Experience

Sharon Evans

EXP Realty

Raleigh, NC

5.0 (47 reviews)

28 Years of Experience

View all top agents in Wake Forest, NC

Neighborhoods in Wake Forest, NC

Get to know neighborhoods in Wake Forest, ordered by the number of properties in the provider sample.

  • Downtown Wake Forest Historic District

    Historic District ↗

    Median asking price
    $579,500
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    17
    C

    Nearby schools · estimated

    5.8/10 · 5 schools

  • The Falls Apartments

    The Falls ↗

    Median asking price
    $147,950
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    7
    C

    Nearby schools · estimated

    5.3/10 · 3 schools

  • Stonegate

    Stonegate ↗

    Median asking price
    $384,900
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    2
    C

    Nearby schools · estimated

    5.3/10 · 6 schools

  • Bishops Gate - Weathersby

    Bishops Gate ↗

    Median asking price
    $659,900
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    1
    C

    Nearby schools · estimated

    5.3/10 · 3 schools

  • River Mill

    River Mill Condominiums ↗

    Median asking price
    —
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    1
    C

    Nearby schools · estimated

    4.7/10 · 3 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.

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