🏡 Stonegate at St. Andrews Market Update: A Look at What’s Happening in Wake Forest’s Favorite Neighborhood

There’s a quiet hum of activity running through Stonegate at St. Andrews, one of Wake Forest’s most desirable neighborhoods. The tree-lined streets, the laughter echoing from the pool, the glow of porch lights at dusk — it all paints a picture of a community that’s both comfortable and thriving.

But beneath that calm suburban charm, the real estate market here is telling an interesting story — one of balance, patience, and opportunity.

A Neighborhood That Still Turns Heads

If you’ve ever driven past the clubhouse or that sparkling Jr. Olympic pool with the waterslide, you know why Stonegate continues to attract attention. Families stroll the sidewalks, tennis courts stay busy, and neighbors greet one another like old friends.

That sense of belonging is part of what keeps the neighborhood so magnetic — and it’s also what keeps buyers circling, even in a market that’s shifted toward stability.

The Pulse of the Market: Active, Pending, and Sold Homes

As of early January, Stonegate is showing between 13 active listings.

Eight homes are currently under contract, a solid sign of continued demand even in the post-holiday lull. In the past month, just one home has officially closed, which isn’t unusual for this time of year as pending deals from December make their way through closing.

Translation? The market isn’t cooling off — it’s catching its breath.

Pricing: The Return of Realism

Over the past year, buyers have regained a bit of leverage. On average, homes in Stonegate have sold about 2.5% below their original list price.

That might sound small, but it reflects a more balanced market where negotiation is back on the table. Sellers who’ve priced ahead of the market or waited too long to adjust are often the ones taking the steeper discounts.

Recently, a few homes on Coach Lantern Avenue and Prince Noah Lane sold for 1–3% under asking, while well-prepared listings in move-in-ready condition still managed to attract full-price — and sometimes even above-list — offers.

How Long Are Homes Taking to Sell?

One stat that always sparks conversation: days on market.

The most recent snapshot shows an average of 60 days from listing to contract in Stonegate for resale homes. New construction tends to sit in the MLS much longer but is not included in our average That’s a wide average — it includes everything from townhouses to new builds — but it speaks to a simple truth: pricing and presentation matter.

A well-priced, staged, home can sell in a few weeks. One that misses the mark might sit for months.

“Buyers today are informed and patient,” says a local agent Daniel Virag. “If a home shows well and is priced right, it can still move quickly — especially in Stonegate.”

Resale vs. New Construction: Two Different Stories

There’s a clear split in Stonegate’s market right now between resale homes and new construction.

Most available homes are resales — charming two-story traditional builds from the mid-2000s, often with mature landscaping and established backyards. Prices here generally range from the $400s to $600s, depending on size and updates.

Then there’s the new construction story — smaller in volume but packed with appeal. Builders like ICG Homes and Copper Builders are still crafting custom and semi-custom homes on select lots, typically starting in the $600s and rising into the $700s+.

These homes feature quartz counters, designer lighting, and open-concept floor plans — ideal for buyers who want new but also crave the community feel that Stonegate offers.

Townhomes Still Holding Their Own

Not every buyer needs a backyard or bonus room, and that’s where Stonegate’s townhomes come in.

Usually around 1,650–1,700 square feet, these homes offer three bedrooms, low maintenance, and full access to the same amenities. For first-time buyers, downsizers, or investors, they’re a smart way to get into the neighborhood without stretching into a larger single-family price point.

Who’s Moving In (and Out)?

The neighborhood continues to attract a mix of local move-up buyers, Triangle relocations, and remote workers looking for easy access to US-401 and I-540.

With RTP, RDU, and downtown Raleigh all within easy commuting range, it’s no surprise that Stonegate remains a draw for those seeking suburban life without sacrificing convenience.

For Sellers: A Market That Rewards Strategy

If you’re thinking of selling this spring, pricing is your superpower.

Homes that enter the market within a realistic range are still finding buyers — and sometimes multiple offers. Those that start too high are seeing price reductions or longer market times.

Sellers who win in this market tend to:

• Price for today’s conditions, not previous highs of 2020/2021.

• Invest in curb appeal and fresh paint.

• Stay flexible on timing and terms (repairs or small concessions go a long way).

For Buyers: Patience Can Pay Off

Buyers, meanwhile, have a rare window to negotiate. With homes selling slightly below list and longer average market times, there’s room to breathe — and to make thoughtful offers.

If you’re after something brand new, keep a close eye on ICG and Copper Builders’ new releases. If you’re budget-conscious but want more space, resale homes on larger lots offer excellent value — and sometimes, opportunities for minor updates that add instant equity.

A Neighborhood That Feels Like Home

Stonegate isn’t just another subdivision — it’s a place that feels lived in and loved. Kids play basketball in the driveways, neighbors wave from porches, and summer days are spent at the community pool and clubhouse.

Even as market conditions evolve, the reasons people fall in love with Stonegate haven’t changed.

Stonegate By the Numbers

Stat	Current Snapshot (Jan 2026)
Active Listings	13 homes
Pending / Under Contract	8 homes
Recently Sold (Past Month)	2 home
Average Sale vs. List Price	~2.5% below list
Average Days on Market	~60 days
New Construction Builders	ICG Homes, Copper Builders
New Construction Pricing	From the $650s+

The Bottom Line

Stonegate at St. Andrews continues to be one of Wake Forest’s most desirable addresses, and the numbers back that up.

Yes, homes may be taking a little longer to sell. Yes, buyers are negotiating again. But for both sides of the table, that’s good news — it means opportunity, balance, and the return of a steady market. Remember as the spring season approaches, activity will almost certainly pick up — just as it always does in this beloved corner of Wake Forest.

Thinking about buying or selling in Stonegate? Visit movingthetriangle.com to get a real-time market report for your address.