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Wake Forest, NC 27587 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Wake Forest, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 252252PendingPending sales: 3030
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): $478k$478kSoldMedian sold price (last 6 months): $496k$496k
What homes actually sell for in Wake Forest, NC
Distribution of 971 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $360k to $677k
$273k to $391k: 252 sales252sales$273k$391k to $510k: 200 sales$510k to $628k: 172 sales$510k$628k to $746k: 117 sales$746k to $865k: 62 sales$746k$865k to $983k: 38 sales$983k to $1.1M: 15 sales$983k$1.1M to $1.22M: 18 salesMedian $496k

What the numbers say

As of October 5, 2026, Resideline is tracking 252 active listings and 30 pending sales in ZIP code 27587. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $478,120, while the median of the 971 closed sales Resideline tracked over the last six months was $495,999. 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 74 days.

Frequently asked questions

What is the median home price in 27587?

The median closed sale price in Wake Forest, NC 27587 was $495,999 over the last six months, based on 971 closed sales tracked by Resideline. The middle half of those sales ranged from $360,000 to $676,914.

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

Resideline is currently tracking 30 pending sales against 252 active listings in 27587, a pending-to-active ratio of 0.12. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 27587 currently looks like a balanced market.

Nearby ZIP code market data

Full Wake Forest, NC housing market report →

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