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ZIP 27587 in Wake Forest, NC: housing market trends

The median home sale price in ZIP 27587 in Wake Forest, NC was $502,352 for the three-month period ending September 2026. Sale prices were 1.5% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$502,352
three-month period ending September 2026
Median sale price per sq ft
$200.19
three-month period ending September 2026
Active listings
1,036
three-month period ending September 2026
Typical monthly rent
$1,813
Rent index · August 2026

How is housing inventory changing?

There were 1,036 active listings for the three-month period ending September 2026. Active listings were 11.2% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 54 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 27587 in Wake Forest, NC
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$502,352$200.19414
Single-familySeptember 2026$589,851$216.97310
TownhousesSeptember 2026$320,000$170.5386
Condos / co-opsSeptember 2026$297,491$172.7919
Multifamily (2–4 units)September 2026$395,000$191.751 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 27587 in Wake Forest, NC
MarketMedian sale priceReporting period / source
Wake Forest, NC$540,000Month ending July 2026 · Zillow
Youngsville, NC$294,0923 months ending September 2026 · Redfin
Rolesville, NC$414,7923 months ending September 2026 · Redfin
Franklinton, NC$295,6823 months ending September 2026 · Redfin
Raleigh, NC$446,500Month ending July 2026 · Zillow
Creedmoor, NC$297,3583 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 27587 in Wake Forest, NC
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$502,352$200.191,036
August 2026$510,000$202.771,051
July 2026$523,750$207.801,080
June 2026$530,000$211.621,052
May 2026$525,000$209.051,026
April 2026$505,000$202.56940
March 2026$485,000$198.86840
February 2026$477,500$200.99739
January 2026$488,000$203.25773
December 2025$487,595$207.42809
November 2025$514,990$209.72872
October 2025$500,000$209.47929
September 2025$495,000$209.84932
August 2025$495,000$209.92992
July 2025$510,000$212.28988
June 2025$514,990$213.18987
May 2025$489,855$211.60967
April 2025$476,500$210.34849
March 2025$477,300$208.11787
February 2025$475,000$209.57768
January 2025$469,000$210.76749
December 2024$460,035$211.24765
November 2024$469,313$211.77850
October 2024$475,000$208.40895

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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