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Foreclosure Homes in Wakefield, MI

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Wakefield, MI Foreclosures

Current Market Conditions in in Wakefield, MI As of April 2026?
In the past month, Wakefield has experienced a slight uptick in property listings, particularly single-family homes. The overall demand has remained steady, with some homes receiving multiple offers. Buyers looking for recreational properties are showing increased interest, as the market adapts to the seasonal demands typical of the area, such as summer and winter retreats. The community remains supportive, which contributes to the stability observed in the market.
How much do homes sell for in Wakefield, MI?
The average home price is currently $127,334.
In Wakefield, MI, how many homes are available?
There are currently 2 active home listings available in Wakefield.
What’s the average rental cost in Wakefield, MI?
The average rental price in Wakefield is $1,195.
What is the most expensive home in Wakefield?
The most expensive home sold in Wakefield had a price of $848,916.
What is currently the cheapest priced home in Wakefield, MI?
The cheapest home for sale in Wakefield is priced at $10,016.

Living in Wakefield, MI

Wakefield, MI is a charming small town known for its beautiful landscapes and friendly community. With abundant outdoor recreational opportunities, it is a haven for nature lovers and those who enjoy a peaceful lifestyle. The town has a strong sense of community and a solid educational system, making it a great place for families.

Buyer vs Seller Market in Wakefield, MI

The Wakefield real estate market has shown a steady increase in interest, with many seeking vacation homes and investment properties to take advantage of its scenic beauty and recreational activities. Purchasers are attracted to the area's charming homes and affordable prices, making it a great opportunity for both new homeowners and investors.

Demand has been slightly rising in Wakefield, translating to a modest increase in property values. The town's appeal as a quiet retreat away from urban settings and its accessibility to outdoor activities have positioned it as a desirable place to live, promoting a healthy market growth.

Home Value Estimator For Wakefield, MI

There are currently 1,157 real estate properties in Wakefield, MI, with a median automated valuation model (AVM) price of $94,220.00. 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, MI, 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, MI, is $127,334.00, with the most expensive house in Wakefield, MI, topping out at $848,916.00 and the cheapest home in Wakefield, MI, clocking in at $10,016.00. In other words, there’s something for every potential homebuyer or savvy investor in Wakefield, MI!

Rent Prices In Wakefield, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wakefield, MI, is on a rollercoaster ride. The average rent price in Wakefield, MI, is $1,195.00. Indeed, when looking to rent in Wakefield, MI, you can expect to pay as little as $540.00 or as much as $2,500.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Wakefield, MI -- 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, MI Foreclosures


Market Trend for Wakefield, MI

Total Listings Available: 2

Market Values:

Home Prices from $10,016 to $848,916

Average Sales Price: $127,334

Rental Values:

Rental from $540 to $2,500

Average Rent Value: $1,195 / month

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