Wakefield, VA

Balanced market+34.6% YoY

Housing market overview · Updated weekly

$201,925median sale price

Homes sold

2

Last 12 weeks

Days on market

247

Average pace

Active listings

4

2.0 months supply

Sale-to-list

97.1%

Below asking

The Wakefield housing market is currently classified as a balanced market with a median sale price of $201,925. Prices have risen 34.6% compared to last year, with homes spending an average of 247 days on market, indicating 2.0 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 4 homes listed for sale in Wakefield, Virginia. The median listing price is $345K.

Active listings

4

Homes on market

Median list price

$345K

Avg. days on market

247

Days until sale

New this week

1

Newly listed

Price drops:25.0%of listings
Sale-to-list:97.1%

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Frequently asked questions

What is the average home price in Wakefield?

The median home sale price in Wakefield is $201,925, up 34.6% from last year.

How long do homes stay on market in Wakefield?

Homes typically spend 247 days on market before going under contract.

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

With 2.0 months of supply, Wakefield is currently a balanced market.

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