Start Free
All market snapshots / 27587

Wake Forest, NC 27587 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Wake Forest, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 265265PendingPending sales: 2121
Wake Forest, NC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $492k$492kSoldMedian sold price (last 6 months): $510k$510k
What homes actually sell for in Wake Forest, NC
Distribution of 926 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $370k to $700k
$270k to $397k: 235 sales235sales$270k$397k to $524k: 208 sales$524k to $651k: 164 sales$524k$651k to $778k: 112 sales$778k to $906k: 51 sales$778k$906k to $1.03M: 31 sales$1.03M to $1.16M: 21 sales$1.03M$1.16M to $1.29M: 14 salesMedian $510k

What the numbers say

As of October 26, 2026, Resideline is tracking 265 active listings and 21 pending sales in ZIP code 27587. That pending-to-active ratio of 0.08 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $492,450, while the median of the 926 closed sales Resideline tracked over the last six months was $510,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 27587 for 85 days.

Frequently asked questions

What is the median home price in 27587?

The median closed sale price in Wake Forest, NC 27587 was $510,000 over the last six months, based on 926 closed sales tracked by Resideline. The middle half of those sales ranged from $369,900 to $700,000.

Is 27587 a buyer's or seller's market?

Resideline is currently tracking 21 pending sales against 265 active listings in 27587, a pending-to-active ratio of 0.08. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 27587 is currently a typical-pace market.

Nearby ZIP code market data

Full Wake Forest, NC housing market report →

Running a deal in 27587? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 27587 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.