Housing in Wakefield, MA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$870,000
Median List Price
$780,000
Price Per Sq Ft
$410
Days on Market
24
Active Inventory
20
Months of Supply
1.1
Seller's market
Zillow Home Value
$784,327
ZHVI — January 2026
Zillow Rent Index
$2,631
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
15.8%
Off Market in 2 Weeks
70.0%
Sale-to-List Ratio
98.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
19
New Listings
12
Pending Sales
10
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$410
Median List $/SF
$461
Wakefield vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Wakefield is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$670,100
Median Rent
$1,872
Total Housing Units
11,526
Vacancy Rate
4.0%
Owner Occupied
70.4%
Renter Occupied
29.6%
Median Property Tax
$7,274
per year
Monthly Cost (w/ Mortgage)
$2,734
Housing Types
The current median sale price in Wakefield, MA is $870,000 according to Redfin data. Homes spend a median of 24 days on the market. 15.8% of homes sold above asking price. The market has 1.1 months of supply. The median price per square foot is $410. Zillow's observed rent index is $2,631/month. About 70.4% of housing units are owner-occupied. The median year homes were built is 1956. There are 11,526 total housing units.