Housing Prices in Wakefield, VA

How much do homes in Wakefield, VA cost?

Median List Price

$221,950

$147/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$2,950(-1.3%)

Key Takeaway

The list price of homes in Wakefield has decreased by 1.3% since last year.

Summary: The median home list price in Wakefield was $221,950 in October 2024, down 1.3% from the previous year, and the median price per square foot was $147.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $147.4K$165.5K
+12.2%
3 $224.9K$199K
-11.5%
4 $289.9K$309.7K
+6.8%
5+ $389.9K$462.5K
+18.6%

Summary: Wakefield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 18.6%.

Housing Supply in Wakefield, VA

How many homes are available in Wakefield, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The Wakefield real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 67
+16.7%
4 66
0.0%
5+ 33
0.0%

Summary: The Wakefield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Wakefield, VA

How long does it take to sell a home in Wakefield, VA?

Average Listing Age

Oct 2023Oct 2024CHANGE
143 Days96 Days-32.8%

Summary: Homes in Wakefield had an average listing age of 96 days in Oct 2024, down by 32.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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