Summer Real Estate Market Update: Wake Forest, Rolesville, Youngsville & Franklinton
Overview of 2025 compared to 2020
Have you noticed that inventory levels are on the rise and we have shifted more towards a buyers market throughout the Triangle area? Sometimes, we tend to stack up views on real estate to most recent years, which does make mathematical sense most of the time. However, in the case of 2025 vs 2020, we know there was nothing normal about the Global Pandemic and how that affected interest rates (which lowered to 2.5%), and it was abnormal that a flood of buyers were ready to buy, but there were not enough homes on the market, so multiple bids were the norm.
Now, we are smack dab in the middle of a "normal market" when you look at in comparison to "before COVID-19".
Over the past year, our market has seen a noticeable rise in inventory across Wake Forest, Rolesville, Youngsville, and Franklinton. This shift is creating opportunities for buyers and prompting more strategic approaches from sellers.
Here’s a comprehensive look at where things stand—as of June 2025 compared to June 2024—alongside our local market data.
Inventory Trends: June 2024 vs June 2025
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Wake Forest Township: Inventory edged slightly downward from 868 active listings in May to 836 in June 2025—yet year over year, it's higher than June 2024 by an average of 21%.
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Youngsville: Available homes jumped from around 172 in May to 200 in June 2025. Reports show a 16% month-over-month increase and a 71% rise in months’ supply compared to May 2024.
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Franklinton: Housing inventory held steady, with approximately 126 homes for sale in June 2025—slightly down MoM but considerably higher than June 2024, when supply was tighter.
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Rolesville: Active listings are between 115 in June 2025—up from 107 homes sold (with corresponding listings) in June 2024.
On a broader scale, the Triangle region (including Wake County) saw home inventory rise nearly 30% compared to the previous year, marking the 20th consecutive month of inventory growth.
Current Market Snapshot (as of July 10, 2025)
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Total Active Listings: 838 homes across the four towns—24 condos, 133 townhomes, and 673 single-family homes
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New Construction: 100 active listings
Townhomes & Condos (Active Inventory)
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Resale units: 58 with an average list price of $367,212 and an average time on market of 59 days.
Single-Family Homes
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673 active listings, spanning a wide range of price points and appealing to a variety of buyers.
Under Contract (441 total)
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215 new construction homes under contract, averaging $662,887 in list price.
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226 resale homes under contract, averaging $558,026 and spending an average of 38 days on market.
Closings (June 1 – July 10, 2025)
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26 new construction townhomes and condos closed at an average of $351,852.
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12 resale townhomes closed at an average of $314,616, with an average of 70 days on market.
What Rising Inventory Means for You
For Buyers:
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More choice across price points and property types means less competition and more flexibility.
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New construction continues to command a premium—buyers pay roughly $100K more on average—but growing supply may create opportunities for incentives.
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Resale properties represent strong value, especially as inventory increases and sellers become more motivated.
For Sellers:
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Homes that are priced correctly, staged well, and show move-in ready are still selling—especially resale single-family homes, which went under contract in an average of 38 days.
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Townhomes and condos that linger (58 active resale, averaging 59 days) may benefit from price adjustments, updates, or incentives for buyers.
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As new communities like Parker Ridge and Maple Ridge deliver homes, resale sellers will see more direct competition with "shiny and new".
Local Subdivisions: Current and Coming Soon
Youngsville & Franklinton:
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Maple Ridge (Lennar): single-family homes in Franklinton from ~$360K, with amenities like playgrounds and trails.
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Hidden Lake, Oak Park (West Homes): wooded-lot homes in Youngsville in various price ranges.
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Whispering Pines (DRB Homes) and Hidden Forest (Lennar): new single-family options in Franklinton.
Rolesville:
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Parker Ridge: proposed 162 single-family + 114 townhomes on ~90 acres, under review.
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Preserve at Jones Dairy South: approved for 215 single-family lots.
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Preserve at Moody Farm: 52-acre annexation/residential rezoning in process.
Wake Forest:
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Master-planned and infill options continue, including, Rosedale, Prestleigh Townes, and ongoing infill on remaining lots. The Wake Forest Development Map is available to see all the active development in the Town of Wake Forest!
SEARCH Wake Forest, Rolesville, Youngsville & Franklinton Homes
Key Takeaways
Inventory is climbing across the board—particularly in Youngsville, Franklinton, and Rolesville—offering more choices and buying power. While single-family homes still dominate the local landscape, growing supply in new subdivisions will broaden the mix. Buyers can take advantage of a more balanced market, and sellers must focus on presentation and pricing to stand out—especially in resale segments.
Let me know if you'd like to explore specific communities, evaluate competition in a given area, or craft custom marketing strategies tailored to this evolving market. I’m always happy to help position your listings or clients for success.
