As your trusted local experts at Property Specific Realty, weāre excited to bring you the latest insights from the Wake Forest real estate market. May was another busy and competitive month, with strong activity across Wake Forest and surrounding areas.
Whether youāre thinking about buying, selling, or investing, staying informed about market trends is essentialāso letās break down the numbers.
š May 2025 Wake Forest Real Estate Snapshot
- Homes Sold in Wake Forest: 124
- Average Sales Price: $527,000
- Median Days on Market: 10
- Average List-to-Sale Price Ratio: 99.1%
- Inventory: Still limited, keeping Wake Forest a sellerās market
The spring market hit full stride in May, with homes selling quickly and for top dollarāespecially in popular neighborhoods like Heritage, Holding Village, and Traditions at Wake Forest.
š Top Performing Neighborhoods in May
šļø Traditions at Wake Forest
Modern homes and resort-style amenities continue to attract buyers. Homes sold in just 7 days on average, often with multiple offers.
š Holding Village
With its lakeside setting and community feel, Holding Village saw an average sale price of $565,000, up 4% from April.
šļø Downtown Wake Forest
Charming historic homes near Main Street remained in high demand, but inventory was limitedāmaking it a great opportunity for sellers to shine.
š Wake Forest Market Trends Weāre Watching
- Price Growth: Home values in Wake Forest rose by approximately 2.8% in May, continuing the yearās upward trend.
- Speed of Sale: Homes are averaging just 10 days on the marketāa clear sign of strong demand.
- Low Supply: The lack of available homes continues to fuel competition, especially under $600K.
š” What It Means for You
For Sellers:
If youāve been waiting to sell, now is the time. Buyers are motivated, and homes listed with Property Specific Realty are selling fastāoften above asking price with strong terms.
For Buyers:
The Wake Forest market is competitive, but not impossible. With expert guidance from our agents, youāll be positioned to act quickly, negotiate smartly, and secure the right home.
š” Your Local Real Estate Experts in Wake Forest
At Property Specific Realty, we specialize in helping clients navigate the fast-moving Wake Forest housing market. From pricing strategies to local knowledge, we bring a tailored approach to every transactionābecause your goals are always our priority.
š Thinking of making a move?
Letās chat! Contact Property Specific Realty today to schedule a home valuation, set up a buyer consultation, or just explore whatās possible.
š Serving Wake Forest, Rolesville, Youngsville, and the greater Raleigh-Durham area with local expertise and personal attention.