Neighborhood report · October 2026

Magnolia Trace

Wake Forest, Wake County, NC

Median sale price · 12 mo
$343K−6.0%
106 days+1%
Days on market
100.0%+0.0%
Sale-to-list
77%−4%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo26
Active listings21
Median sale price$343K
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

Name & contact shared once you connect

Recent sales in Magnolia Trace

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
No closed listings in the last 3-month window.

Showing 0 of 0 listings in Magnolia Trace · last 3 months. Click any row for full details.

Market health

Magnolia Trace · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$343K▼ 6%

Down 6% over the past year.

Days on market
106 days▲ 1%

Taking 1% longer to sell than a year ago.

List-to-sale ratio
100.0%▲ 0%

Closing nearer asking than a year ago.

Listings w/ price cut
77%▼ 4%

Fewer price cuts than a year ago.

Months of inventory
9.7months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 10% / 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 July — the widest selection of the year here.

What sells here (bed/bath)
  • 3 bd73%
  • 2 bd or fewer27%
New construction vs. resale
100%
0%
New constructionResale
Sale price spread
  • < $400K92%
  • $400–600K8%

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