In August 2019, there were 118 homes sold, with a median sale price of $300,000 - a 2.4% decrease over the $307,500 median sale price for the same period of the previous year. There were 130 homes sold in Wake Forest in August 2018.
The median sales tax in Wake Forest for the most recent year with available data, 2016, was $2,515, approximately 0.8% of the median home sale price for August 2019.
The following table compares Wake Forest to other Wake County cities with similar median sales prices in August 2019:
City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Cary | 256 | 258 | -0.8% | $334,500 | $356,500 | -6.2% |
Medfield Estates | 1 | 2 | -50% | $325,000 | $396,000 | -17.9% |
Barclay Downs | 3 | 1 | 200% | $307,000 | $323,000 | -5% |
Holly Springs | 96 | 87 | 10.3% | $304,250 | $300,000 | 1.4% |
Willow Springs | 13 | 18 | -27.8% | $302,000 | $261,000 | 15.7% |
Wake Forest | 118 | 130 | -9.2% | $300,000 | $307,500 | -2.4% |
Durham | 2 | 2 | 0% | $293,000 | $285,000 | 2.8% |
Lakeside | 2 | 4 | -50% | $274,500 | $229,000 | 19.9% |
Castlebrook Estates | 2 | 4 | -50% | $271,500 | $254,500 | 6.7% |
Fuquay-Varina | 90 | 97 | -7.2% | $270,000 | $250,000 | 8% |
Clayton | 3 | 3 | 0% | $261,000 | $275,500 | -5.3% |