Comprehensive market data and analysis• Updated Oct 2026
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 7 | 14 | 48 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | 2 | 4 | 10 | 15 |
| 5-10 acres | 1 | 1 | 1 | 2 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 6 | 12 | 27 | 71 |
Acreage buckets
The median price for land in Wake Forest, North Carolina is currently $58K per acre. For a typical parcel, the median sale price is $104K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $55K while premium lots reached $1.8M.
Land in Wake Forest, North Carolina averages $65K per acre. The median price per acre is $58K, which may be more representative of typical transactions. Most parcels sold are around 5.3 acres.
The median land price in Wake Forest, North Carolina stands at $104K. This translates to roughly $58K per acre for the typical parcel size. The average price is $689K, indicating some higher-priced properties pulling up the average.
The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Wake Forest, North Carolina saw 4 properties sold, totaling $2.8M in sales volume.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Wake Forest on LandyDandy.
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