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Cheap Homes in Wakefield, NE

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Wakefield, NE Foreclosures

Current Market Conditions in in Wakefield, NE As of April 2026?
In the past month, Wakefield's real estate market has seen a modest rise in home prices, with an uptick in buyer interest. This is attributed to favorable mortgage rates and the town's appeal to those seeking a quieter lifestyle. Although inventory remains low, the market is currently trending towards a seller's market, with homes selling faster than they did a few months earlier.
How much do homes sell for in Wakefield, NE?
The average home price is currently $277,265.
In Wakefield, NE, how many homes are available?
There are currently 2 active home listings available in Wakefield.
What’s the average rental cost in Wakefield, NE?
The average rental price in Wakefield is $952.
What is the most expensive home in Wakefield?
The most expensive home sold in Wakefield had a price of $7,787,660.
What is currently the cheapest priced home in Wakefield, NE?
The cheapest home for sale in Wakefield is priced at $33,726.

Living in Wakefield, NE

Wakefield, Nebraska is a charming rural town with a tight-knit community, offering a peaceful lifestyle amidst beautiful natural landscapes. The town provides essential amenities and recreational opportunities, making it a great choice for families and retirees seeking a serene environment.

Buyer vs Seller Market in Wakefield, NE

The real estate market in Wakefield is generally stable, with a balanced supply of available homes and demand. Prices reflect the affordability of rural living, with many homes catering to first-time buyers and families looking for more space.

Recently, there has been a gradual increase in home values as buyers seek out affordable homes in rural areas, particularly following the trend of remote work. This shift has made Wakefield an attractive option for those looking to escape larger cities.

Home Value Estimator For Wakefield, NE

There are currently 684 real estate properties in Wakefield, NE, with a median automated valuation model (AVM) price of $178,977.00. 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, NE, 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, NE, is $277,265.00, with the most expensive house in Wakefield, NE, topping out at $7,787,660.00 and the cheapest home in Wakefield, NE, clocking in at $33,726.00. In other words, there’s something for every potential homebuyer or savvy investor in Wakefield, NE!

Rent Prices In Wakefield, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wakefield, NE, is on a rollercoaster ride. The average rent price in Wakefield, NE, is $952.00. Indeed, when looking to rent in Wakefield, NE, you can expect to pay as little as $560.00 or as much as $2,240.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Wakefield, NE -- 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.

Cheap Homes in Wakefield, NE

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