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market report · 27587
Wake Forest, NC · 27587
405 active listings$439,000 median ask$2,502 est. rent0.6% price/rent
$439,000
Median list price
$2,502/mo
Estimated rent
0.6%
Price / rent ratio
405
Listings
FHFA home price index · 2016–2025
89.5% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.08
Median rent / sqft
373 comps
$196.64
Median sold / sqft
396 comps
—
Walkability
3.0%
Area unemployment
BLS LAUS
Median household income $133,743 · median home value $497,800 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 77).
11 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
421 Pearce Ave, Wake Forest, NC 27587
Wake Forest, NC
$175,000$1,685/mo1%
154 N White St, Wake Forest, NC 27587
Wake Forest, NC
$270,000$2,532/mo0.9%
166 N White St, Wake Forest, NC 27587
Wake Forest, NC
$270,000$2,330/mo0.9%
164 N White St, Wake Forest, NC 27587
Wake Forest, NC
$275,000$2,333/mo0.8%
4499 Middletown Dr, Wake Forest, NC 27587
Wake Forest, NC
$305,000$2,581/mo0.8%
3728 Gideon Dr, Wake Forest, NC 27587
Wake Forest, NC
$225,000$1,876/mo0.8%