Market report, updated

Market Report

Search in the subdivision of Richland Hills

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Report prepared by raleighrealestatesearch.com

Market at a glance

Over the last 6 months, homes sold for 97.6% of list price in 89 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $352K Sold · $342K
$460K$390K$320K$250K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 4 sales in Feb. Last month: 2.

Where the market stands

All homes in this report, by status.

18homes
Active8 · 44%
Under contract1 · 6%
Sold (6 mo)9 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$387K
Under contract$265K
Sold$377K

Average days on market

Active90 days
Under contract73 days
Sold89 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 8
Average list price $387,350
Avg. days on market 90 days
Avg. price per ft² $159
Avg. living area 2,475 ft²
Avg. beds / baths 4.0 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 8 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

1320 Marbank St$182
1416 Chatuga Way$180
1317 Hosmer Ct$166
1442 Montonia St$161
1121 Crendall Way$152
721 Tannerwell Ave$152
817 Edgeware Way$144

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1317 Hosmer CtWake Forest, NC 27587 432,224$370,000$16649 days
824 Stackhurst WayWake Forest, NC 27587 533,569$489,900$13753 days
1320 Marbank StWake Forest, NC 27587 432,243$409,900$18288 days
817 Edgeware WayWake Forest, NC 27587 533,118$450,000$14467 days
1442 Montonia StWake Forest, NC 27587 331,702$275,000$161109 days
1121 Crendall WayWake Forest, NC 27587 533,118$475,000$152116 days
1416 Chatuga WayWake Forest, NC 27587 331,603$290,000$180106 days
721 Tannerwell AveWake Forest, NC 27587 332,227$339,000$152133 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .