$10,000 Closing Credit*
$889,000
3 Beds
•1 Full Bath
Listing Office: Charles Rutenberg Realty, Inc.
Is Wakefield, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Wakefield was a Buyer's Market.
Key Takeaway
Wakefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wakefield, NY
How much do homes in Wakefield, NY cost?
Median Sold Price
$640,000
$414/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$30,000(+4.9%)
Key Takeaway
Homes in Wakefield have sold for 4.9% more than they did a month ago.
Summary: The median home sold price in Wakefield was $640,000 in November 2024, up 4.9% from last month, and the median price per square foot was $414.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410K | $523.3K | +27.7% |
| 3 Bedrooms | $605K | $611.5K | +1.1% |
| 4 Bedrooms | $730K | $680.5K | -6.8% |
| 5+ Bedrooms | - | $816K | N/A |
Summary: Wakefield housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes did not change.
Housing Supply in Wakefield, NY
How many homes are available in Wakefield, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 55 | -3.5% |
Summary: The Wakefield real estate market had 55 homes for sale in November 2024, a 3.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The Wakefield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wakefield, you could pay more than the asking price. 90.9% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Wakefield in November 2024, up by 120.0% month-over-month. Of the 11 sold homes, 9% were sold under asking, 0% were sold at asking, and 91% were sold over asking.
Days on Market for Wakefield, NY
How long does it take to sell a home in Wakefield, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 86 Days | +104.0% |
Summary: Homes in Wakefield had an average of 86 days on market in Nov 2024, up by 104% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Wakefield are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 11 homes were sold in Wakefield; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
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