Wakefield, VA Housing Market
The Wakefield housing market is most competitive. The median sale price of a home in Wakefield was $926K last month, up 17.2% since last year. The median sale price per square foot in Wakefield is $373, up 15.8% since last year.
Wakefield Housing Market Trends
In March 2024, Wakefield home prices were up 17.2% compared to last year, selling for a median price of $926K. On average, homes in Wakefield sell after 5 days on the market compared to 6 days last year. There were 7 homes sold in March this year, down from 8 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Wakefield housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 7 days.
- Hot homescan sell for about 5% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 6 days.
- Hot homescan sell for about 8% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 20 days.
- Hot homescan sell for about 6% above list price and go pending in around 5 days.
Wakefield Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Wakefield from outside metros.
- New York homebuyers searched to move into Wakefield more than any other metro followed by Hartford and Atlanta.
- 82% of Wakefield homebuyers searched to stay within the Wakefield metropolitan area.
- Salisbury was the most popular destination among Wakefield homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
View houses in Wakefield that sold recently
Recently sold homes
- $845,000 Last Sold Price4 beds2.5 baths2,173 sq ft5112 Bradfield Dr, Annandale, VA 22003(703) 378-8810List Price$799,900Sale to List6% over listDays on Market36 days5112 Bradfield Dr, Annandale, VA 22003
- $1,107,500 Last Sold Price4 beds3.5 baths3,158 sq ft9000 Windflower Ln, Annandale, VA 22003(703) 535-3610List Price$979,990Sale to List13% over listDays on Market36 days9000 Windflower Ln, Annandale, VA 22003
- $1,899,888 Last Sold Price7 beds5.5 baths6,678 sq ft8518 Chapel Dr, Annandale, VA 22003(703) 425-3582List Price$1,899,888Sale to List0% over listDays on Market35 days8518 Chapel Dr, Annandale, VA 22003
- $965,000 Last Sold Price4 beds3.5 baths3,072 sq ft4921 Tarheel Way, Annandale, VA 22003(703) 378-8810List Price$965,000Sale to List0% over listDays on Market66 days4921 Tarheel Way, Annandale, VA 22003
- $840,000 Last Sold Price3 beds2.5 baths2,090 sq ft4209 Saint Jerome Dr, Annandale, VA 22003(703) 642-3380List Price$839,950Sale to List0% over listDays on Market26 days4209 Saint Jerome Dr, Annandale, VA 22003
- $850,000 Last Sold Price4 beds3.5 baths1,779 sq ft8912 Karver Ln, Annandale, VA 22003(703) 229-8935List Price$789,000Sale to List8% over listDays on Market18 days8912 Karver Ln, Annandale, VA 22003
- $1,660,000 Last Sold Price6 beds6.5 baths5,658 sq ft4001 Lee Pl, Annandale, VA 22003(571) 386-1075List Price$1,724,500Sale to List4% under listDays on Market162 days4001 Lee Pl, Annandale, VA 22003
- $990,000 Last Sold Price5 beds3 baths2,342 sq ft8313 Briar Creek Dr, Annandale, VA 22003(703) 378-8810List Price$969,900Sale to List2% over listDays on Market36 days8313 Briar Creek Dr, Annandale, VA 22003
See all recently sold homes in Wakefield.
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Schools in Wakefield
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Wakefield Forest Elementary School Public • PreK-6 | 632 Students | 18 reviews |
7/10 Canterbury Woods Elementary School Public • PreK-6 | 777 Students | 17 reviews |
Climate's impact on Wakefield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Wakefield.
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Wind likelihood over time
Heat Factor - Severe
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Transportation in Wakefield
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