Call or Text (240) SELL-123
Prestwicke

WAKE FOREST, NC 27587

Real Estate Market Report  ·  Wake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
462
⇧ 0.7% vs 459 last year
Pending
168
36% pending ratio
Median Price
$535,000
⇧ 11.1% vs $481,739 last year
Average Price
$762,689
⇧ 3.3% vs $738,186 last year
Days on Market
77
⇩ 10.5% vs 86 days last year

Market Context

Population: 78,666  ·  Density: 289.0/mi²  ·  Median household income: $116,593

Typical home value: $410,952  ·  Homeownership: 80.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WAKE FOREST, NC real estate market (27587) currently shows 462 active listings, with 168 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 77 days on market compared to 86 days last year.

The median listing price has risen 11.1% year-over-year, from $481,739 to $535,000.

Whether you are buying or selling in WAKE FOREST, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WAKE FOREST, NC 27587 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 462 this year vs 459 last year
  • Days on market: 77 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $535,000 (+11.1% YoY)
  • Average: $762,689 (+3.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.9 miles — 1,656 listings ($1,349,442,954 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27587Wake Forest, NC 275870.0 mi462$352,362,318$535,000$762,689
27596Youngsville, NC 275966.2 mi213$145,247,895$557,450$681,915
27615Raleigh, NC 276157.5 mi125$151,274,500$575,000$1,210,196
27613Raleigh, NC 276139.8 mi84$77,816,508$572,000$926,387
27609Raleigh, NC 2760910.6 mi141$210,585,756$855,000$1,493,516
27522Creedmoor, NC 2752211.2 mi38$15,674,392$362,000$412,484
27608Raleigh, NC 2760813.0 mi76$119,788,996$1,422,500$1,576,171
27545Knightdale, NC 2754514.1 mi127$60,410,471$444,000$475,673
27605Raleigh, NC 2760514.4 mi40$26,486,480$387,000$662,162
27601Raleigh, NC 2760115.1 mi68$51,943,908$600,000$763,881
27509Butner, NC 2750916.3 mi7$2,736,580$389,900$390,940
27544Kittrell, NC 2754416.3 mi9$3,172,500$270,000$352,500
27597Zebulon, NC 2759716.9 mi266$131,942,650$403,900$496,025

Frequently Asked Questions

How many homes are for sale in WAKE FOREST, NC 27587?

As of January 2026, there are 462 active listings in WAKE FOREST, NC (zip code 27587), compared to 459 the prior year.

What is the median home price in WAKE FOREST, NC 27587?

The median listing price in WAKE FOREST, NC 27587 is $535,000 as of January 2026, a 11.1% increase from $481,739 the prior year.

How long do homes stay on the market in WAKE FOREST, NC?

Homes in WAKE FOREST, NC 27587 spend an average of 77 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in WAKE FOREST, NC 27587?

Based on current inventory and days-on-market data as of January 2026, WAKE FOREST, NC 27587 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 77 days on market compared to 86 days last year.

How much can I save on real estate commission in WAKE FOREST, NC?

With SELL123.com's maximum 3% commission, sellers in WAKE FOREST, NC 27587 save an estimated $10,700 compared to a typical 5% commission on the median listing price of $535,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.