27587 Home Values & Market Trends
There are 1,921 homes currently listed for 27587. 27587 real estate market trends show that home prices range from $79,900 to $6,396,000, and the median sales price in the 27587 zip code is $514,680. The total number of properties sold within the past twelve months is 1,535. In 27587, 25 properties are in foreclosure, 5 are bank owned properties,and 10 are headed for auction.
Housing Market Summary for 27587
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $535K | $525K | -1.87% |
| Median Sold Price | $528.3K | $561.1K | 6.20% |
| Homes For Sale | 1,236 | 1,902 | 53.88% |
| Homes Sold | 683 | 445 | -34.85% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 27587
Browse Homes in 27587
The median list price of a home in Wake Forest, is $514,680. A total of 1,921 properties are for sale, and the percentage of properties for sale in the zip code is 1921.00%. The total count of 27587 properties is 2,407.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in 27587 with wake forest containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27587; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,175,845 in wake forest to the lowest home value of $246,195 in wake forest.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 27587 ranges from the highest value of $2,995,000 in wake forest to the lowest value of $444,785 in wake forest. Bank owned homes and properties account for 0.21% of properties in 27587. There is 1 cities within 27587; wake forest containing 5 REO properties, has the highest number of bank owned properties in a single city.
- Auctionswake forest has 10 auction properties, the highest number of properties going to auction in a single city in the state of 27587. Auction homes and other auction properties account for 0.42% of all properties in 27587. There is 1 cities within 27587; of that cities, the median estimated home value for homes going to auction ranges from $1,794,113 in wake forest to the lowest value of $262,773 in wake forest.
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Guide for 27587
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
