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Forestville, NCHousing Market

Forestville in Raleigh is a buyer's market right now. Homes are selling for 97.96% of asking price and taking an average of 72 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.

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Written By Carol CFeatured Writer
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Reviewed By Nicholas HReal Estate Broker
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
February 2026
Last updated
Live MLS Data 3,179 active homes tracked
Data Sources:
Canopy MLS
Forestville, NC Real Estate Market Snapshot
MEDIAN HOME PRICE
$350,000↓ 0.07%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Buyer's Market
DAYS ON MARKET
72
↑ 27.00% YoY
INVENTORY
119
↓ 0.01% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy in Forestville? Here's What We Think

Yes, now is a good time to buy in Forestville. The median sale price is $350,000, a marginal change from last year, and home sales saw no change over the same period. Buyers can use this data to gauge how much room there is to negotiate.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$350,000
↓ 0.07%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Forestville. The median sale price is currently $350,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Forestville
location pin
Updated MonthlyLast Updated: February 2026

Forestville Housing Market Forecast for 2026

Forestville's housing market is expected to continue favoring buyers in 2026, with modest price growth, more inventory, and homes taking longer to sell.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting cooling demand
  • Sale-to-list ratio forecast to hold near 98-100%, keeping negotiating room in buyers' favor
  • Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Forestville Housing Market Crash in 2026?

Expert consensus points to no. Forestville continues to show steady demand and no signs of distressed selling. The shift toward more balanced conditions reflects a broader trend across Raleigh, not a downturn specific to this neighborhood. Buyers should expect more room to negotiate and a wider selection through 2026.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    72 days

  • Months of Supply:

    1.1 months

  • Sale-to-List Ratio:

    97.96%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Forestville Right Now?

Yes, buyers have plenty of options in Forestville right now. The market has 119 active listings and 1.1 months of supply, giving buyers more choice and negotiating power. There were 117 new listings last month, while the inventory had a marginal change year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
119
↓ 0.01%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Forestville. There are currently 119 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Forestville
location pin
Updated MonthlyLast Updated: February 2026

Are Buyers or Sellers Controlling the Forestville Market?

Buyers currently have the upper hand in the Forestville housing market. Homes are selling for 97.96% of their asking price, and price reductions saw no change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
14.68%
↓ 1.67%YoY
What this chart showsSold Above List
The line tracks the share of homes in Forestville selling above their asking price over time. Currently, 14.68% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Forestville
location pin
Updated MonthlyLast Updated: February 2026

Find Your Perfect Forestville Home Now

199 homes for sale in Forestville, NC big arrow leftbig arrow inline

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Frequently Asked Questions

How have Forestville house prices changed over the past year?

What are Forestville real estate market predictions for 2026?

What's the median home price in Forestville?

What is a good time to buy a home in Forestville?

When will the Forestville housing market crash?

How to buy a home in Forestville?

How can I list my home for sale in Forestville, Raleigh, NC?

What is the average mortgage rate for buyers in Forestville?

What is a good time to sell a house in Forestville?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across North Carolina.

Canopy MLS
Canopy MLS
Doorify MLS-NC
Doorify MLS-NC
Triad MLS-NC
Triad MLS-NC
Hive MLS-NC
Hive MLS-NC

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Oct 7, 2026, 6:00 AM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.