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Wake Forest University

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.North Carolina
$567K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
4
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$454K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20162018201920202021202320242026
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
20162018201920202021202320242026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20162018201920202021202320242026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20162018201920202021202320242026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20162018201920202021202320242026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20162018201920202021202320242026
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
20162018201920202021202320242026
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
20162018201920202021202320242026
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
20162018201920202021202320242026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
MayJun

Housing Stock

HomesHow many homes we have records for in this area.124
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$454K
Median sizeThe middle home size here, measured in square feet.2,060 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1968
Single familyThe share of homes here that are single-family houses.78%
CondosThe share of homes here that are condos.21%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.66%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0.9%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.92%
Company ownedThe share of homes owned by a company or trust instead of a person.25%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.35%
Typical ownership tenureHow long the typical owner here has held their home.11.1 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.18
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.59

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.81%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.47%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.4%
PopulationHow many people live in this area.3,721
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,473 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$63K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$78K
Average tempThe average temperature here across a full year.58°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Wake Forest University compares

By median home value, Wake Forest University is the 22nd most expensive of 140 neighborhoods in Forsyth County, and its typical home is worth more than 84% of all homes in Forsyth County.

Home values in Wake Forest University

Share of homes at each estimated value.

Median
$157K$680K
neighborhoods in Forsyth County ranked by median home value
#Forsyth CountyMedian valueHomes
1Brookberry Farm$980K695
2Merrimont$805K180
3Cedar View$791K124
4Greenbrier Farms$786K279
5Buena Vista$739K1,623
6Ridgemere$622K116
7Bent Tree Farm$615K159
8New Sherwood Forest$580K842
9Huntscroft$561K348
10Huntcliff$540K186
11Country Club$539K1,198
12New Forestdale$532K142
13West Highlands$526K472
14Forsyth Forest$523K194
15Old Sherwood Forest$517K509
16Robinhood Trails$481K181
17Lochhurst$477K365
18Ashford$477K136
19Summerfield$463K119
20Peace Haven$455K585
21Reynolds$454K230
22Wake Forest University$454K124
23Huntington Woods$451K182
24Chadwyck$450K151

140 neighborhoods in Forsyth County are ranked; the most valuable are listed here.

About the Wake Forest University market

What is the median home price in Wake Forest University, NC?

The median sale price in Wake Forest University, NC is $566,500 (data through April 2026), based on deeds recorded with the county.

How many homes sell in Wake Forest University, NC each year?

4 homes sold in Wake Forest University, NC over the last 12 months (data through April 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Wake Forest University, NC?

Wake Forest University, NC contains 124 residential properties, with a median of 2,060 square feet, 3 bedrooms, built around 1968. The median TopHap Estimate is $454K.

How does Wake Forest University, NC compare to the rest of Forsyth County?

By median home value, Wake Forest University, NC is the 22nd most expensive of 140 neighborhoods in Forsyth County. Its typical home is worth more than 84% of all homes in Forsyth County. Reynolds ranks just above it and Huntington Woods just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Wake Forest University, NC?

92% of homes in Wake Forest University, NC are owner-occupied. 25% are held by a company rather than an individual.

How much equity do owners in Wake Forest University, NC hold?

66% of mortgaged homes in Wake Forest University, NC are equity-rich, meaning the loan balance is under half the home's value. 0.9% owe more than the home is worth.

Nearby markets

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Explore Wake Forest University on the map

See every recorded sale, price heat map, school zone and flood overlay across Wake Forest University in TopHap’s interactive 3D map.

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