WAKE FOREST AND ROLESVILLE AREA HOUSING MARKET DATA

There was a decrease in total units sold in September, with 144 sold this month in Wake Forest and Rolesville Area Real Estate versus 161 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 6% versus September 2024.

Versus last year, the total number of homes available this month is higher by 119 units or 29%. The total number of active inventory this September was 529 compared to 410 in September 2024. This month's total of 529 is lower than the previous month's total supply of available inventory of 544, a decrease of 3%.

Last September, the median sale price for Wake Forest and Rolesville Area Homes was $518,125. This September, the median sale price was $515,000, a decrease of 1% or $3,125 compared to last year. The current median sold price is 4% higher than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 3.7 months of supply available in Wake Forest and Rolesville Area, compared to 3.0 in September 2024. That is an increase of 22% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 177 homes newly listed for sale in Wake Forest and Rolesville Area compared to 227 in September 2024, a decrease of 22%. There were 150 current contracts pending sale this September compared to 156 a year ago. The number of current contracts is 4% lower than last September.

In September, the average sale price in Wake Forest and Rolesville Area was 99.2% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 53, higher than the average last year, which was 48, an increase of 10%.





FOCUS ON: WAKE FOREST AND ROLESVILLE AREA HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 27587 and 27571
Units Sold 144	Active Inventory 529	Median Sale Price $515,000	Days On Market 53

Up 6% Vs. Year Ago	Up 29% Vs. Year Ago	Down -1% Vs. Year Ago	Up 10% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 144 sold this month in Wake Forest and Rolesville Area Real Estate versus 161 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 6% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 119 units or 29%. The total number of active inventory this September was 529 compared to 410 in September 2024. This month's total of 529 is lower than the previous month's total supply of available inventory of 544, a decrease of 3%.
		Median Sale Price Last September, the median sale price for Wake Forest and Rolesville Area Homes was $518,125. This September, the median sale price was $515,000, a decrease of 1% or $3,125 compared to last year. The current median sold price is 4% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 177	Current Contracts 150	Sold Vs. List Price 99.2%	Months of Supply 3.7

Down -22% Vs. Year Ago	Down -4% Vs. Year Ago	Down -1% Vs. Year Ago	Up 22% Vs. Year Ago


		Months of Supply In September, there was 3.7 months of supply available in Wake Forest and Rolesville Area, compared to 3.0 in September 2024. That is an increase of 22% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 177 homes newly listed for sale in Wake Forest and Rolesville Area compared to 227 in September 2024, a decrease of 22%. There were 150 current contracts pending sale this September compared to 156 a year ago. The number of current contracts is 4% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Wake Forest and Rolesville Area was 99.2% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 53, higher than the average last year, which was 48, an increase of 10%.


	Wake Forest and Rolesville Area are defined as properties listed in zip code/s 27587 and 27571.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by TRIANGLE and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIANGLE or Long & Foster Real Estate, Inc.