Housing · Wakefield

Wakefield, MA housing market

The typical Wakefield home is worth about $819,000, up 2.3% in a year, 24% above the Massachusetts typical home.

Home values, sales, trends and how Wakefield compares with the towns next door — updated as new data is published.

The market right now

Wakefield at a glance

Typical home value
$819K
▲ 2.3% in a year · Zillow
Median sale price
$880K
May 2026 · Redfin
Homes sold
1
in May

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

WakefieldMassachusetts
$300K$400K$500K$600K$700K$800K$900K 20182020202220242026 Wakefield $819K Massachusetts $662K
Show as a table
JanuaryWakefieldMassachusetts
2017$503,000$382,000
2018$539,000$407,000
2019$562,000$426,000
2020$569,000$438,000
2021$629,000$485,000
2022$669,000$536,000
2023$700,000$572,000
2024$759,000$616,000
2025$798,000$648,000
2026$817,000$658,000
August 2026$819,000$662,000
Next door

Wakefield and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Wakefield $819K +2.3% — $134,306
Lynnfield $1.11M +2.1% — $175,265
Saugus $689K +1.2% — $101,539
Reading $918K +3.3% 15 $165,912
Stoneham $806K +2.8% 18 $113,964
Melrose $915K +4.1% 11 $133,953
Affordability

6.1 years of income

The typical Wakefield home costs about 6.1 years of the town's median household income, about the same as across Massachusetts (6.4).

How Wakefield ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
70.7%
Massachusetts: 62.5%
Median tax bill
$7,779
Massachusetts: $5,992
Median rent
$1,958
Massachusetts: $1,762
Typical home built
1956
Massachusetts: 1964

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Wakefield

Massachusetts · MA · Middlesex County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01