All Home Types
Wakefield, VA Housing Market
What is the housing market like in Wakefield today?
In October 2024, Wakefield home prices were up 11.7% compared to last year, selling for a median price of $798K. On average, homes in Wakefield sell after 7 days on the market compared to 42 days last year. There were 12 homes sold in October this year, up from 6 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$797,500
+11.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Wakefield, VA
$797,500
+11.7%
United States
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Wakefield Migration & Relocation Trends
In Sep '24 - Nov '24, 18% of Wakefield homebuyers searched to move out of Wakefield, while 82% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Wakefield from outside metros.
- Philadelphia homebuyers searched to move into Wakefield more than any other metro followed by New York and Hartford.
Where are people moving to Wakefield from?
- 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 Harrisburg.
Where are people from Wakefield moving to?
Number of People Moving to Wakefield
least
most
People are moving to Wakefield from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,327 | ||
| 2 | 2,017 | ||
| 3 | 1,764 | ||
| 4 | 1,063 | ||
| 5 | 215 | ||
| 6 | 17 | ||
| 7 | 5 | ||
| 8 | 5 | ||
| 9 | 4 | ||
| 10 | 4 | ||
People are leaving Wakefield for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,673 | ||
| 2 | 2,097 | ||
| 3 | 1,595 | ||
| 4 | 1,339 | ||
| 5 | 1,287 | ||
| 6 | 1,227 | ||
| 7 | 981 | ||
| 8 | 858 | ||
| 9 | 727 | ||
| 10 | 695 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Wakefield.
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