Home values, rents and more in Wake Forest, NC
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Wake Forest in ProMap- Under $350k
- $350k–$360k
- $360k–$450k
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- $510k+
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How Wake Forest compares
The typical home in Wake Forest, NC is worth about $504,000, according to the Zillow Home Value Index for September 2026. Home values in Wake Forest are 18% above the typical value in the Raleigh metro area ($428,000) and 38% above the U.S. typical value ($366,000).
Over the past year, home values in Wake Forest fell 1.0%, compared with −1.7% in the Raleigh metro area and +1.2% nationally.
Typical rent is $1,798 a month (Zillow Observed Rent Index), 8% above the Raleigh metro area ($1,669) and 7% below the U.S. ($1,932). Rents rose 3.3% over the past year.
The median household income is $123,802, against $100,103 in the Raleigh metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 52,844 people live in Wake Forest (American Community Survey 2020–24).
Wake Forest has the 4th-highest typical home value of the 24 cities in the Raleigh metro area and the 57th-highest of 541 in North Carolina with Zillow figures.
Part of: Wake County, NC · Raleigh metro area · North Carolina
More for Wake Forest in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Wake Forest, NC
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.