Wake Forest, NC 27587 Real Estate & Property Data

Wake Forest, NC 27587 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 1,637 residential properties have been sold over the past 12 months in 27587. With a median sales price of $567,500 in 27587 and a total of 4 foreclosures in Wake Forest, NC 27587. Discover market trends and get the granular level real estate data for Wake Forest, NC 27587 to keep your pulse on the housing market. Curate compelling home reports for Wake Forest, NC 27587 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Wake Forest, NC 27587 Real Estate Market Trends
Total Residential Properties 28,579
Total Commercial Properties 867
Avg. Home Age (Single Family Home) 22 Years
Avg. Square Feet (Single Family Home) 2,631
Total 2024 Residential Sales (year-to-date) 180
% of Homes Seriously Underwater (Q2 2024) 0.51%
Total 2023 Residential Sales 1,527
% of Equity Rich Homes (Q2 2024) 40.26%
Effective 2023 Property Tax 0.66%
Total Foreclosure Filings (year-to-date) 7
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Wake Forest, NC 27587 Real Estate Overview

There were 1,637 residential properties sold in the past year in Wake Forest, NC 27587. The median home value in Wake Forest, NC 27587 is $498,382. There are a total of 28,579 residential properties in the 27587.

Median Sales Price i
$567,500
(Feb 2024)
+7.1%
year-over-year
y-o-y
  • February '24 Feb '24 $567,500
  • January '24 Jan '24 $570,000
  • December '23 Dec '23 $530,000
  • November '23 Nov '23 $530,000
  • October '23 Oct '23 $652,500
  • September '23 Sep '23 $528,750
  • August '23 Aug '23 $547,500
  • July '23 Jul '23 $550,000
  • June '23 Jun '23 $550,000
  • May '23 May '23 $539,000
  • April '23 Apr '23 $488,000
  • March '23 Mar '23 $472,000
Median Down Payment i
$103,337
(Feb 2024)
-12.7%
year-over-year
y-o-y
  • February '24 Feb '24 $103,337
  • January '24 Jan '24 $90,000
  • December '23 Dec '23 $127,500
  • November '23 Nov '23 $125,000
  • October '23 Oct '23 $128,800
  • September '23 Sep '23 $109,000
  • August '23 Aug '23 $118,000
  • July '23 Jul '23 $132,433
  • June '23 Jun '23 $110,000
  • May '23 May '23 $97,825
  • April '23 Apr '23 $85,163
  • March '23 Mar '23 $86,294
Number of Homes Sold i
112
(Feb 2024)
-10.4%
year-over-year
y-o-y
  • February '24 Feb '24 112
  • January '24 Jan '24 68
  • December '23 Dec '23 82
  • November '23 Nov '23 136
  • October '23 Oct '23 102
  • September '23 Sep '23 112
  • August '23 Aug '23 124
  • July '23 Jul '23 140
  • June '23 Jun '23 162
  • May '23 May '23 164
  • April '23 Apr '23 169
  • March '23 Mar '23 141
Number of Purchase Loans i
105
(Feb 2024)
-11.8%
year-over-year
y-o-y
  • February '24 Feb '24 105
  • January '24 Jan '24 71
  • December '23 Dec '23 107
  • November '23 Nov '23 135
  • October '23 Oct '23 102
  • September '23 Sep '23 110
  • August '23 Aug '23 115
  • July '23 Jul '23 131
  • June '23 Jun '23 154
  • May '23 May '23 161
  • April '23 Apr '23 175
  • March '23 Mar '23 163
Number of REFI Loans i
59
(Feb 2024)
+47.5%
year-over-year
y-o-y
  • February '24 Feb '24 59
  • January '24 Jan '24 39
  • December '23 Dec '23 29
  • November '23 Nov '23 38
  • October '23 Oct '23 42
  • September '23 Sep '23 40
  • August '23 Aug '23 52
  • July '23 Jul '23 48
  • June '23 Jun '23 43
  • May '23 May '23 42
  • April '23 Apr '23 55
  • March '23 Mar '23 42
Number of HELOC Loans i
48
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 48
  • January '24 Jan '24 39
  • December '23 Dec '23 49
  • November '23 Nov '23 66
  • October '23 Oct '23 65
  • September '23 Sep '23 76
  • August '23 Aug '23 94
  • July '23 Jul '23 74
  • June '23 Jun '23 81
  • May '23 May '23 81
  • April '23 Apr '23 69
  • March '23 Mar '23 87

Wake Forest, NC 27587 Real Estate Market Overview

Last 30 days
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Wake Forest, NC 27587 Foreclosure Activity

There were a total of 4 Wake Forest, NC 27587 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 2 Wake Forest, NC 27587 properties and repossessed 1 Wake Forest, NC 27587 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
4
(Feb 2024)
+300%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 4
  • July '23 Jul '23 3
  • June '23 Jun '23 7
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 3
Foreclosure Starts i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 6
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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