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Fixer Upper Homes in Wake Forest, NC

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Wake Forest, NC Foreclosures

How much do homes sell for in Wake Forest, NC?
The average home price is currently $574,665.
In Wake Forest, NC, how many homes are available?
There are currently 79 active home listings available in Wake Forest.
What’s the average rental cost in Wake Forest, NC?
The average rental price in Wake Forest is $1,786.
What is the most expensive home in Wake Forest?
The most expensive home sold in Wake Forest had a price of $48,002,948.
What is currently the cheapest priced home in Wake Forest, NC?
The cheapest home for sale in Wake Forest is priced at $15,181.

Living in Wake Forest, NC

Wake Forest, NC is an inviting suburban town known for its strong community ties and family-friendly atmosphere. With excellent schools, abundant parks, and local amenities, it offers a perfect blend of comfort and convenience. Ideal for those seeking a quieter lifestyle while being close to the excitement of Raleigh and its surroundings.

Current Market Conditions in Wake Forest, NC

The real estate market in Wake Forest has shown significant growth over the past year, with an increase in demand for homes as more people seek suburban living. The influx of new families and professionals relocating to the area has contributed to a competitive market, leading to a noticeable rise in home prices and property values, reflecting the desirability of the location.

As inventory levels remain low, homes are selling quickly, often above asking price, especially in well-established neighborhoods. Buyers are encouraged to act fast, as desirable properties are limited.

Home Value Estimator For Wake Forest, NC

There are currently 27,413 real estate properties in Wake Forest, NC, with a median automated valuation model (AVM) price of $510,104.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wake Forest, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wake Forest, NC, is $574,665.00, with the most expensive house in Wake Forest, NC, topping out at $48,002,948.00 and the cheapest home in Wake Forest, NC, clocking in at $15,181.00. In other words, there’s something for every potential homebuyer or savvy investor in Wake Forest, NC!

Rent Prices In Wake Forest, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wake Forest, NC, is on a rollercoaster ride. The average rent price in Wake Forest, NC, is $1,786.00. Indeed, when looking to rent in Wake Forest, NC, you can expect to pay as little as $600.00 or as much as $3,960.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Wake Forest, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wake Forest, NC Fixer Upper Homes

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