Property prices for sale in Wake Forest (North Carolina)

The prices in real estate in Wake Forest, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$602,776.17
Average price last 6 months
$210.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Wake Forest has increased during the last 6 months. In December, the average price per sq.feet was $194. In January this price pretty much remained the same at a value of $203 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $198.5 to $214 per sq.feet. The price per sq.feet has increased 106 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $206.25 to $219 during April, and May.

Average price

Based upon to the price in Wake Forest (cities), this has gone up in the last 6 months. The average price during our first sample month during December, is $537,838. During January the price went through a considerable rise reaching $626,088. During the following two months (February, March) the price has had an average incrementation from $581,963 to $616,822. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $599,392.5 and $609,543.5 between April and May.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $634,130 they are 76 % more affordable than the average price for Wake Forest. The properties with the lowest average price have 4 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 3 bedrooms priced at $342,317.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $219 / sq.feet price in Wake Forest. The properties with the highest average prices have 4 bedrooms. They are 355 % more expensive than the average followed by properties with 2 bedrooms with a price at $174 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $634,130 it is 58 % cheaper than the average price in Wake Forest. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $347,015 it is 24 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $87 / sq.feet followed by "Duplex" priced at $91 / sq.feet. "House" is the most costly type of property with a $3,112 / sq.feet cost followed by "Apartment" with an average price of $842 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Wake Forest
Number of properties used in region North Carolina
$634,130
$219
1,940
209,538
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value