What is the housing market like in Wakefield today?
In May 2025, Wakefield home prices were down 38.8% compared to last year, selling for a median price of $120K.
$194K
Sale Price
$97
Sale $/Sq. Ft.
Under List Price
2.1%
Days on Market
28
Down Payment
—
Total Homes Sold
2
To compare other locations to the Wakefield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Wakefield add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Wakefield housing market?
Wakefield is somewhat competitive. Homes sell in 28 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 28 days.
Hot homes
can sell for around list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Flood Factor - Major
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Wakefield has a major risk of flooding. 168 properties in Wakefield are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Wakefield. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Wakefield has a moderate risk of wildfire. There are 907 properties in Wakefield that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Wakefield.
94% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Wakefield has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Wakefield is most at risk from hurricanes. 861 properties in Wakefield have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 93 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 110 mph.