Home prices
The value of the median home in Wake Forest is $297,300. It is roughly $109,240 (58%) higher compared to its nearby areas.In comparison to the entire country it is roughly $79,800 (36%) higher, and it is about $49,000 (19%) higher in comparison to the city of Raleigh.
Rents
Wake Forest's median rent is $1,117 a month. This is approximately $250 (28%) higher compared to other places in this area.In comparison to the country as a whole it is approximately $55 (5%) higher, and compared to the city of Raleigh it is is very similar.
Nearby places
Rolesville
Rolesville is Wake Forest's neighbor to the southeast. The housing prices there are a little more expensive. The median home in Rolesville costs $316,200, which works out to $18,900 (5%) higher than Wake Forest. Rent there is a lot less expensive. Rolesville's median rent is $788 a month, which comes out to $329 (41%) lower than Wake Forest.
Youngsville
Youngsville is roughly 4 miles north from Wake Forest. The real estate prices there are a little less expensive. The median home value in Youngsville is $242,600, which is $54,700 (22%) lower than Wake Forest. Its rents are a little less expensive. Youngsville's median monthly rent is $881, which is $236 (26%) lower than Wake Forest.
Franklinton
Franklinton is approximately 10 miles north of Wake Forest. The real estate prices there are a lot less expensive. The median home price in Franklinton is $99,900, which is $197,400 (197%) lower than Wake Forest. Rents there are a lot less expensive. In Franklinton the median monthly rent is $782, which comes out to $335 (42%) lower than Wake Forest.
Knightdale
Knightdale is about 12 miles south of Wake Forest. The real estate prices there are substantially less expensive. The median home in Knightdale is valued at $196,600, which works out to $100,700 (51%) lower than Wake Forest. The rent there is pretty similar. The median rent in Knightdale is $1,161 per month, which comes out to $44 (3%) higher than Wake Forest.
Bunn
Bunn is about 12 miles east of Wake Forest. Real estate prices there are substantially less expensive. The median home in Bunn is valued at $85,000, which comes out to $212,300 (249%) lower than Wake Forest. The rent there is a lot less expensive. Bunn's median rent is $721 per month, which works out to $396 (54%) lower than Wake Forest.
