Housing in Wakefield-Peace Dale, RI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$500,000

Median List Price

$639,500

Price Per Sq Ft

$368

Days on Market

34

Active Inventory

8

Months of Supply

0.9

Seller's market

Price Trends

Source: Redfin
Sale Price 4.9%List Price 14.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

45.5%

Sale-to-List Ratio

100.3%

Seller's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
45.5%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

6

Pending Sales

11

Homes Sold 12.5%New Listings 20.0%Pending 450.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$368

Median List $/SF

$399

Sale $/SF 1.1%List $/SF 17.7%Mar 24Jan 26

Wakefield-Peace Dale vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Wakefield-Peace Dale 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

$464,400

Median Rent

$1,196

Total Housing Units

4,480

Vacancy Rate

5.6%

Owner Occupied

68.1%

Renter Occupied

31.9%

Median Property Tax

$4,762

per year

Monthly Cost (w/ Mortgage)

$1,895

Housing Types

Single Family
74.7%
Multi-Family
25.0%
Mobile Home
0.3%

The current median sale price in Wakefield-Peace Dale, RI is $500,000 according to Redfin data. Homes spend a median of 34 days on the market. 33.3% of homes sold above asking price. The market has 0.9 months of supply. The median price per square foot is $368. The median rent is $1,196 per month (Census ACS). About 68.1% of housing units are owner-occupied. The median year homes were built is 1970. There are 4,480 total housing units.