Unshakable ZIP Data 27587 | Wake Forest, NC Housing Market
Wake Forest · Wake County · Raleigh-Cary, NC metro · North Carolina · Data updated June 19, 2026
The median sale price in ZIP 27587, Wake Forest, North Carolina is $523,595 at $209 per square foot. 416 single-family homes sold in the latest period, down 1.2 percent from a year earlier. Homes sit a median of 40 days on market with 3.9 months of supply. Sellers are getting 98.4 percent of list price and 13.4 percent of homes sold above asking.
Balanced market.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $518,918 | |
| Average price per sq ft | $207 | |
| Median sale price | $523,595 | |
| Median sale price per sq ft | $209 | |
| Median home size | 2,504 sq ft | |
| Median new listing price | $535,423 | +1.1% |
| National size rank | 85 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 416 | -1.2% |
| Median days on market | 40 days | |
| Months of supply | 3.9 months | |
| New listings | 673 | +14.9% |
| Active listings | 1,020 | +5.6% |
| Pending sales | 509 | +13.8% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 98.4% | -0.8 pts |
| Share sold above list | 13.4% | -8.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$316,394
3-bedroom
$398,811
4-bedroom
$601,289
5-bedroom
$678,919
These figures describe the single-family market for Wake Forest, North Carolina ZIP 27587. They are market context, not a substitute for sold comps or a formal appraisal.