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Adams Ridge Als Acres Alstonburg Archers Forest Austin Creek Averette Avondale Baraham Place Barham Crossing Bay Laurel Bennett Park Bent Place Berkshire Berkshire Village at Wakefield Bishops Gate Bishops Grant Bold Run Bowling Green Braefield Brandiwood Brewers Glynn Bristol Park Brook Hollow Brookview Buckhorn Caddell Woods Calloway on The Green Canonbie Capital City Heights Cardinal Carlton Pointe Carpenter Creek Carriage Run Carrington at Wakefield Plantation Castelli Catlett Farms Cedar Falls Cedar Knoll Cedar Lakes Chadbourne Chartwell Chartwell Trace Chaunceys at Twin Cedars Chesterfield Village Cimarron Clear Springs Clearview Estates Clement Oaks Club Villas Club Villas at Wake Forest Cotesworth Down Cotrell Property Country Club Downs Country Place Country Road Covington Ridge Creekwood Townhomes Crenshaw Crescent Ridge Dacus Place Daisy Meadows Dansforth Deacons Ridge Deauville Deer Chase Dera Estates Derby Downs Devon Oaks at Wakefield Plantation Devonshire Drayton Dun Loring Eden Falls Edgeford Park Edgewood Fairingdon Fairlake Fairview Fairview at Wakefield Plantati Fairway Villas Townhomes Falls Lake Ventures Falls Run Flaherty Farms Fonville Road Forest Mill Forest Oaks Forest Park at Cimarron Forrest Ridge Galloway Gilpatric Glen Stone at Wakefield Plantation Glenmoor Gordon Place Granite Falls Grayson Creek Great Falls Estates Green Acres Greenpointe at Wakefield Plantation Hale Hampton Pointe Harris Point Harrison Ridge Hartland Hartsfield Hasentree Hawkshead Heartland Heath Ridge Heath Ridge Village Heather Grove Heritage Hills (Heritage Ridge) Highgate Park Highland Creek Highland Forest Highland Park Hillcrest Farms Hinton Woods Holding Oaks Holding Pines Holding Ridge Holding Village Home Garden Hope Farm Horse Creek Horse Shoe Farms Horsecreek Horseshoe Bend Hunters Crossing Iron Mountain View Jenkins Run Jubilee Village Juniper Avenue Kearney Woods Keighley Forest Kelsey at Falls Lake Kensington Manor Kenwood Reserve Kimmon Place Kings Manor Kingsborough Kingston at Wakefield Plantation La Ventana Lake Forest Lake of Rolesville Lakefall Lakes of Rolesville Laura Lakes Estates Livian H Lowery Estate Lizzie Woods Lonely Oaks Magnolia Hill Magnolia Woods Majestic Oaks Malor Estates Mangum Dairy Farms Mangum Estates Margate Margots Pond Marshall Mews at Legacy Green Middleton at Wakefield Millrace Mitchells Ridge Moss Creek Neuse Banks Neuse River Ranch Neuse Trail Estates New Light North Chartwell North Fallsview Northhampton Oak Grove Oakwood Estates Old Farm Crossing Old Keith Estates Olde Mill Stream Olde Towne Olwyn Parish Orchard Park Overlook at Whippoorwill Paddstowe Park Place at Cimarron Parkington Paschall Townhomes Pell Acres Pemberley Perry Creek Phillips Landing Pine Glen Pine Terrace Pineview Estates Pinewood Porto Fino Prestwicke Purnell Ridge Remington Woods Reynolds Mill Richland Creek Richland Hills Richlands at Staffordshire Ridgeland Park Ripple Creek River Hill Riverstone Robertson Place Rolling Ridge Rosswood Royall Glenn Commons Townhomes Saddle Run Saint Andrews Saint Ives Saint James Place Salmonfields Sandfor Holding Sandy Woods Sanford Bailey Savannah at Wakefield Savannah Village Secluded Oaks Sedgefield Park Serenity Lake Shadow Creek Shadow Wood Shanandoah Farms Shearon Farms Shoreline Estates Smith Creek Spring Park Spring Street Spring Valley Springwood Acres Stadium Drive Townhomes Staffordshire Still Woods Stone Forest Stonegate Stonewall Stony Bend Cluster Stratford Hall Stratford Village Townhomes Strathaven Summerwoods Sutherland Swans Cove Sylvester Hodge Heirs Tangled Oaks Tar Heel Estates Tarlton Park The Falls The Landings at Heritage North The Registry at Bennett Park The Village at Rolesville Theatric Jones Thompson Mill Thornburg Thornbush Thornrose Tuckahoe Tyler Run Underwood Vaughn Trace Vernon Park Village at Olde Mill Stream Village at Wakefield Parkside Villas at Falls Lake Wakefield Wakefield Plantation Wall Acres Wall Creek Wallridge Waterfall Plantation Waterstone Reserve Watson Woods Weatherby Villas Weatherstone Townhomes Westgate Whippoorwill Valley Whitley Wildflower Willow Creek Willow Crest Willow Deer Wiltshire Village Townhomes Windemere Windemere North Windsor Park Windstone Park Wolverton Fields Wood Duck Woodlief Village Woods Crossing Woodside at Olde Mill Stream

WAKE FOREST, NC 27587

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

Neighborhoods in ZIP 27587

Adams Ridge · Als Acres · Alstonburg · Archers Forest · Austin Creek · Averette · Avondale · Baraham Place · Barham Crossing · Bay Laurel · Bennett Park · Bent Place · Berkshire · Berkshire Village at Wakefield · Bishops Gate · Bishops Grant · Bold Run · Bowling Green · Braefield · Brandiwood · Brewers Glynn · Bristol Park · Brook Hollow · Brookview · Buckhorn · Caddell Woods · Calloway on The Green · Canonbie · Capital City Heights · Cardinal · Carlton Pointe · Carpenter Creek · Carriage Run · Carrington at Wakefield Plantation · Castelli · Catlett Farms · Cedar Falls · Cedar Knoll · Cedar Lakes · Chadbourne · Chartwell · Chartwell Trace · Chaunceys at Twin Cedars · Chesterfield Village · Cimarron · Clear Springs · Clearview Estates · Clement Oaks · Club Villas · Club Villas at Wake Forest · Cotesworth Down · Cotrell Property · Country Club Downs · Country Place · Country Road · Covington Ridge · Creekwood Townhomes · Crenshaw · Crescent Ridge · Dacus Place · Daisy Meadows · Dansforth · Deacons Ridge · Deauville · Deer Chase · Dera Estates · Derby Downs · Devon Oaks at Wakefield Plantation · Devonshire · Drayton · Dun Loring · Eden Falls · Edgeford Park · Edgewood · Fairingdon · Fairlake · Fairview · Fairview at Wakefield Plantati · Fairway Villas Townhomes · Falls Lake Ventures · Falls Run · Flaherty Farms · Fonville Road · Forest Mill · Forest Oaks · Forest Park at Cimarron · Forrest Ridge · Galloway · Gilpatric · Glen Stone at Wakefield Plantation · Glenmoor · Gordon Place · Granite Falls · Grayson Creek · Great Falls Estates · Green Acres · Greenpointe at Wakefield Plantation · Hale · Hampton Pointe · Harris Point · Harrison Ridge · Hartland · Hartsfield · Hasentree · Hawkshead · Heartland · Heath Ridge · Heath Ridge Village · Heather Grove · Heritage Hills (Heritage Ridge) · Highgate Park · Highland Creek · Highland Forest · Highland Park · Hillcrest Farms · Hinton Woods · Holding Oaks · Holding Pines · Holding Ridge · Holding Village · Home Garden · Hope Farm · Horse Creek · Horse Shoe Farms · Horsecreek · Horseshoe Bend · Hunters Crossing · Iron Mountain View · Jenkins Run · Jubilee Village · Juniper Avenue · Kearney Woods · Keighley Forest · Kelsey at Falls Lake · Kensington Manor · Kenwood Reserve · Kimmon Place · Kings Manor · Kingsborough · Kingston at Wakefield Plantation · La Ventana · Lake Forest · Lake of Rolesville · Lakefall · Lakes of Rolesville · Laura Lakes Estates · Livian H Lowery Estate · Lizzie Woods · Lonely Oaks · Magnolia Hill · Magnolia Woods · Majestic Oaks · Malor Estates · Mangum Dairy Farms · Mangum Estates · Margate · Margots Pond · Marshall · Mews at Legacy Green · Middleton at Wakefield · Millrace · Mitchells Ridge · Moss Creek · Neuse Banks · Neuse River Ranch · Neuse Trail Estates · New Light · North Chartwell · North Fallsview · Northhampton · Oak Grove · Oakwood Estates · Old Farm Crossing · Old Keith Estates · Olde Mill Stream · Olde Towne · Olwyn Parish · Orchard Park · Overlook at Whippoorwill · Paddstowe · Park Place at Cimarron · Parkington · Paschall Townhomes · Pell Acres · Pemberley · Perry Creek · Phillips Landing · Pine Glen · Pine Terrace · Pineview Estates · Pinewood · Porto Fino · Prestwicke · Purnell Ridge · Remington Woods · Reynolds Mill · Richland Creek · Richland Hills · Richlands at Staffordshire · Ridgeland Park · Ripple Creek · River Hill · Riverstone · Robertson Place · Rolling Ridge · Rosswood · Royall Glenn Commons Townhomes · Saddle Run · Saint Andrews · Saint Ives · Saint James Place · Salmonfields · Sandfor Holding · Sandy Woods · Sanford Bailey · Savannah at Wakefield · Savannah Village · Secluded Oaks · Sedgefield Park · Serenity Lake · Shadow Creek · Shadow Wood · Shanandoah Farms · Shearon Farms · Shoreline Estates · Smith Creek · Spring Park · Spring Street · Spring Valley · Springwood Acres · Stadium Drive Townhomes · Staffordshire · Still Woods · Stone Forest · Stonegate · Stonewall · Stony Bend Cluster · Stratford Hall · Stratford Village Townhomes · Strathaven · Summerwoods · Sutherland · Swans Cove · Sylvester Hodge Heirs · Tangled Oaks · Tar Heel Estates · Tarlton Park · The Falls · The Landings at Heritage North · The Registry at Bennett Park · The Village at Rolesville · Theatric Jones · Thompson Mill · Thornburg · Thornbush · Thornrose · Tuckahoe · Tyler Run · Underwood · Vaughn Trace · Vernon Park · Village at Olde Mill Stream · Village at Wakefield Parkside · Villas at Falls Lake · Wakefield · Wakefield Plantation · Wall Acres · Wall Creek · Wallridge · Waterfall Plantation · Waterstone Reserve · Watson Woods · Weatherby Villas · Weatherstone Townhomes · Westgate · Whippoorwill Valley · Whitley · Wildflower · Willow Creek · Willow Crest · Willow Deer · Wiltshire Village Townhomes · Windemere · Windemere North · Windsor Park · Windstone Park · Wolverton Fields · Wood Duck · Woodlief Village · Woods Crossing · Woodside at Olde Mill Stream

Market Analysis

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

The WAKE FOREST, NC real estate market (27587) currently shows 510 active listings, with 200 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 61 days last year.

The median listing price has risen 15.9% year-over-year, from $475,260 to $550,750.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
510
⇧ 5.4% vs 484 last year
Pending
200
39% pending ratio
Median Price
$550,750
⇧ 15.9% vs $475,260 last year
Average Price
$784,182
⇧ 8.8% vs $720,512 last year
Days on Market
58
⇩ 4.9% vs 61 days last year

Price Per Square Foot

Median $/sqft
$218
⇩ 3.1% vs $225/sqft last year
Median Home Size
2,614 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 510 this year vs 484 last year
  • Days on market: 58 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $550,750 (+15.9% YoY)
  • Average: $784,182 (+8.8% 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
Price Per Sqft
Price Reduced %

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 February 2026, there are 510 active listings in WAKE FOREST, NC (zip code 27587), compared to 484 the prior year.

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

The median listing price in WAKE FOREST, NC 27587 is $550,750 as of February 2026, a 15.9% increase from $475,260 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 58 days on the market before going under contract, compared to 61 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 February 2026, WAKE FOREST, NC 27587 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 61 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 $11,015 compared to a typical 5% commission on the median listing price of $550,750. 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.