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Short Sale Listings in Wakefield, MA

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Wakefield, MA Foreclosures

Current Market Conditions in in Wakefield, MA As of February 2026?
Over the past month, Wakefield's real estate market has remained competitive, although there are signs of slight stabilization. While home prices continue to increase, the pace of sales has shown minor fluctuations, allowing potential buyers to find some more opportunities in the inventory without the fierce bidding wars that characterized previous months. Still, motivated sellers are seeing their homes receive offers close to listing prices, indicating ongoing demand.
How much do homes sell for in Wakefield, MA?
The average home price is currently $883,483.
In Wakefield, MA, how many homes are available?
There are currently 6 active home listings available in Wakefield.
What’s the average rental cost in Wakefield, MA?
The average rental price in Wakefield is $2,560.
What is the most expensive home in Wakefield?
The most expensive home sold in Wakefield had a price of $84,770,896.
What is currently the cheapest priced home in Wakefield, MA?
The cheapest home for sale in Wakefield is priced at $30,490.

Living in Wakefield, MA

Wakefield, MA is a charming small town that balances suburban comfort with urban accessibility. Nestled near Lake Quannapowitt, the area boasts a vibrant community life filled with parks, shopping, and dining options. With excellent schools and various recreational activities, it’s perfect for families and professionals alike.

Buyer vs Seller Market in Wakefield, MA

The real estate market in Wakefield has experienced steady growth over the past year. Home prices have steadily risen, reflective of the area's demand for housing due to the desirable lifestyle and proximity to Boston. Ongoing development and renovations in the community have also contributed to an increase in property values.

Current market trends indicate a strong seller's market with limited inventory and high buyer interest. Homes are selling quickly, often receiving multiple offers, and properties that are well-maintained and priced competitively are likely to attract attention from buyers.

Home Value Estimator For Wakefield, MA

There are currently 9,073 real estate properties in Wakefield, MA, with a median automated valuation model (AVM) price of $814,613.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wakefield, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wakefield, MA, is $883,483.00, with the most expensive house in Wakefield, MA, topping out at $84,770,896.00 and the cheapest home in Wakefield, MA, clocking in at $30,490.00. In other words, there’s something for every potential homebuyer or savvy investor in Wakefield, MA!

Rent Prices In Wakefield, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wakefield, MA, is on a rollercoaster ride. The average rent price in Wakefield, MA, is $2,560.00. Indeed, when looking to rent in Wakefield, MA, you can expect to pay as little as $980.00 or as much as $3,840.00, with the average rent median estimated to be $2,590.00. The good news is that finding an affordable and desirable property to rent in Wakefield, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wakefield, MA Short Sale Listings


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