Wake Forest, NC 27587 Housing Market
- Active listings44currently for sale
- Pending sales81under contract
- Median asking price$443,500current listings
- Inventory age3 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)925a tracked sample, not a market total
- Median sold price$490,000last 6 months
- Middle half of sold prices$375k to $665k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 44 active listings and 81 pending sales in ZIP code 27587. That pending-to-active ratio of 1.84 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $443,500, while the median of the 925 closed sales Resideline tracked over the last six months was $490,000. 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. The median active listing in 27587 has been on the market for 3 days.
Frequently asked questions
What is the median home price in 27587?
The median closed sale price in Wake Forest, NC 27587 was $490,000 over the last six months, based on 925 closed sales tracked by Resideline. The middle half of those sales ranged from $375,138 to $665,000.
Is 27587 a buyer's or seller's market?
Resideline is currently tracking 81 pending sales against 44 active listings in 27587, a pending-to-active ratio of 1.84. 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 seller's market.