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Featured local agent — Wakefield, PA
Sarah Mitchell
Compass Real Estate · Wakefield, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wakefield, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.10Mmedian sale price
How is the Wakefield, PA housing market right now?
The median home sale price in Wakefield, PA is $1.10M, up 131.6% year-over-year. Homes sell in an average of 3 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wakefield a buyer's or seller's market?
Wakefield, PA is currently a balanced market and homes selling in about 3 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
3
Fast-moving
Active listings
—
Sale-to-list
91.7%
Below asking
What does the Wakefield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.10M |
| Year-over-year price change | +131.6% |
| Average days on market | 3 days |
| Sale-to-list price ratio | 91.7% |
| Median price per sq ft | $558/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wakefield by property type?
How the Wakefield, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.10M | $558/sq ft | 1 | 3 days |
Source: Redfin · Updated monthly
The Wakefield housing market is currently classified as a balanced market with a median sale price of $1.10M. Prices have risen 131.6% compared to last year, with homes spending an average of 3 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Wakefield
Explore homes currently listed for sale in Wakefield, Pennsylvania across major real estate platforms.
Who lives in Wakefield?
Population
577
Median income
$77,976/yr
Median age
27.9 years
Owner-occupied
81.3%
College grads
8.7%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Wakefield?
Wakefield is a community of approximately 1K residents with a median age of 27.9 years.The median household income is $77,976, which reflects a relatively affluent area with strong earning potential. 8.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wakefield offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Wakefield, PA?
Want a head-to-head view? Compare Wakefield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wakefield?
The median home sale price in Wakefield is $1.10M, up 131.6% from last year.
How long do homes stay on market in Wakefield?
Homes typically spend 3 days on market before going under contract.
What is the median income in Wakefield?
The median household income is $77,976 per year.
How much does a single-family home cost in Wakefield?
The median single-family home price in Wakefield, PA is $1.10M (about $558 per square foot).
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