Neighborhood report · October 2026

Lakefall

Wake Forest, Wake County, NC

Median sale price · 12 mo
$698K
32 days—
Days on market
98.9%—
Sale-to-list
25%—
Price cuts
Neighborhood snapshot
Homes sold · 12 mo4
Active listings3
Median sale price$698K
Latest saleAug 2026

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for Wake Forest
37
sold in Wake Forest
100%
sold / list
28
avg days on mkt

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Recent sales in Lakefall

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
7420 Heartland Drive
Wake Forest 27587
SFH3/32,681$730k$27247ClosedSee more →
1604 Great Woods Road
Wake Forest 27587
SFH4/32,590$695k$26816ClosedSee more →

Showing 2 of 2 listings in Lakefall · last 3 months. Click any row for full details.

Market health

Lakefall · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$698K▲ 40%

Up 40% over the past year.

Days on market
32 days▼ 4%

Selling 4% faster than a year ago.

List-to-sale ratio
98.9%▲ 23%

Closing nearer asking than a year ago.

Listings w/ price cut
25%▼ 100%

Fewer price cuts than a year ago.

Months of inventory
9.1months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 11% / mo · This neighborhood.

Best month to list

When homes here sell fastest, for the most.

J
F
M
A
M
J
J
A
S
O
N
D

Listings peak in April — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd25%
  • 3 bd75%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • $400–600K25%
  • $600–800K75%

Market and sales data from Doorify MLS, trailing 12 months. The matched agent’s identity is released only after a signed referral agreement.