Comprehensive market data and analysis• Updated Dec 2025
2.1 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 19 | 47 | 63 |
| 1-2 acres | - | 1 | 6 | 13 |
| 2-5 acres | - | 2 | 4 | 14 |
| 5-10 acres | - | 1 | 2 | 3 |
| 10-20 acres | - | - | 1 | 5 |
| 20-50 acres | - | - | 2 | 3 |
| 50-100 acres | 1 | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 24 | 63 | 102 |
Acreage buckets
The median price for land in Wake Forest, North Carolina is currently $1.0M per acre. For a typical parcel, the median sale price is $415K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $144K while premium lots reached $730K.
Wake Forest, North Carolina is currently a very hot seller's market with 2.1 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 241.5% year-over-year.
Wake Forest, North Carolina currently has 2.1 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Land in Wake Forest, North Carolina averages $3.8M per acre. The median price per acre is $1.0M, which may be more representative of typical transactions. Most parcels sold are around 12,414 sq ft.
Land in Wake Forest, North Carolina typically sells within 87 days of listing. The median time on market is 21 days. Properties are moving at a moderate pace in the current very hot seller's market.
The median land price in Wake Forest, North Carolina stands at $415K. This translates to roughly $1.0M per acre for the typical parcel size. The average price is $453K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Wake Forest, North Carolina is 47.1%. The 12-month rate is 50.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
