Wakefield, MA

Strong seller's market-3.7% YoY

Housing market overview · Updated weekly

$785,000median sale price

Homes sold

7

Last 12 weeks

Days on market

21

Average pace

Active listings

16

2.3 months supply

Sale-to-list

103.1%

Above asking

The Wakefield housing market is currently classified as a strong seller's market with a median sale price of $785,000. Prices have fallen 3.7% compared to last year, with homes spending an average of 21 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Wakefield

There are currently 16 homes listed for sale in Wakefield, Massachusetts. The median listing price is $775K.

Active listings

16

Homes on market

Median list price

$775K

Avg. days on market

21

Days until sale

New this week

10

Newly listed

Price drops:12.5%of listings
Sale-to-list:103.1%

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Frequently asked questions

What is the average home price in Wakefield?

The median home sale price in Wakefield is $785,000, down 3.7% from last year.

How long do homes stay on market in Wakefield?

Homes typically spend 21 days on market before going under contract.

Is Wakefield a buyer's or seller's market?

With 2.3 months of supply, Wakefield is currently a strong seller's market.

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