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Foreclosure Homes in Wakefield, RI

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Wakefield, RI Foreclosures

How much do homes sell for in Wakefield, RI?
The average home price is currently $768,533.
In Wakefield, RI, how many homes are available?
There are currently 11 active home listings available in Wakefield.
What’s the average rental cost in Wakefield, RI?
The average rental price in Wakefield is $1,716.
What is the most expensive home in Wakefield?
The most expensive home sold in Wakefield had a price of $1,829,644.
What is currently the cheapest priced home in Wakefield, RI?
The cheapest home for sale in Wakefield is priced at $175,046.

Living in Wakefield, RI

Wakefield, RI, is a picturesque village known for its charm and community spirit. With nearby beaches, delightful cafes, and local parks, it provides a perfect setting for families and retirees. The area combines historical character with modern conveniences, making it a desirable location for real estate investment.

Current Market Conditions in Wakefield, RI

The current real estate market in Wakefield shows a steady demand for homes, particularly from buyers looking for vacation properties and those seeking a quieter lifestyle away from the hustle and bustle of larger cities. The average home price in the area has seen consistent appreciation over recent years, indicating a healthy investment opportunity.

With the surge in remote work trends, more individuals and families are relocating to Wakefield, resulting in an increased interest in residential properties. This growing trend is fostering a competitive marketplace with a variety of homes available spanning across different price points.

Home Value Estimator For Wakefield, RI

There are currently 19 real estate properties in Wakefield, RI, with a median automated valuation model (AVM) price of $681,602.00. 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, RI, 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, RI, is $768,533.00, with the most expensive house in Wakefield, RI, topping out at $1,829,644.00 and the cheapest home in Wakefield, RI, clocking in at $175,046.00. In other words, there’s something for every potential homebuyer or savvy investor in Wakefield, RI!

Rent Prices In Wakefield, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wakefield, RI, is on a rollercoaster ride. The average rent price in Wakefield, RI, is $1,716.00. Indeed, when looking to rent in Wakefield, RI, you can expect to pay as little as $870.00 or as much as $2,740.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Wakefield, RI -- 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, RI Foreclosures


Market Trend for Wakefield, RI

Total Listings Available: 11

Market Values:

Home Prices from $175,046 to $1,829,644

Average Sales Price: $768,533

Rental Values:

Rental from $870 to $2,740

Average Rent Value: $1,716 / month

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