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Neighborhood report · August 2026
Wake Forest, Wake County, NC
Doorify MLS · live, trailing 12 months.
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| Address | Type | Bd/Ba | Sqft | Price | $/sqft | DOM | Status | |
|---|---|---|---|---|---|---|---|---|
7420 Heartland Drive Wake Forest 27587 | SFH | 3/3 | 2,681 | $730k | $272 | 47 | Closed | See more → |
1604 Great Woods Road Wake Forest 27587 | SFH | 4/3 | 2,590 | $695k | $268 | 16 | Closed | See more → |
7401 Heartland Drive Wake Forest 27587 | SFH | 3/3 | 2,692 | $700k | $260 | 13 | Closed | See more → |
7301 Lakefall Drive Wake Forest 27587 | SFH | 3/3 | 2,333 | $522k | $224 | 49 | Closed | See more → |
Showing 4 of 4 listings in Lakefall · last 3 months. Click any row for full details.
This neighborhood specifically, not the wider ZIP or city.
Appreciating steadily, up 4.2% year over year.
Selling 18% faster than a year ago.
Homes now close just over asking, a buyer's challenge.
Fewer cuts; average reduction 2.3% when it happens.
Low inventory: homes are absorbed faster than they list. Absorption rate 48% / mo · 27713.
When homes here sell fastest, for the most.
Inventory peaks in May, the widest pick of homes for buyers here.
Some figures in this report are illustrative samples shown while live coverage for this area is built out. The matched agent’s identity is released only after a signed referral agreement.