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Land Foreclosures 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 $794,077.
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 $1,974,884.
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 is a charming village in South Kingstown, Rhode Island, known for its picturesque scenery and vibrant community life. With a mix of historic charm and modern conveniences, it offers a variety of shopping, dining, and recreational options. The village is close to beautiful beaches and parks, making it an ideal place for families and outdoor enthusiasts.

Current Market Conditions in Wakefield, RI

The real estate market in Wakefield is currently showing an upward trend, with home values increasing steadily over the last few months. Competition among buyers is strong, resulting in multiple offers on listings. The inventory remains low, driving prices higher as families seek to capitalize on the town’s appealing lifestyle and excellent school system.

New construction homes and updated properties are particularly in demand, as many are looking for modern amenities while still desiring the charm of a traditional New England home.

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 $717,529.00. 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 $794,077.00, with the most expensive house in Wakefield, RI, topping out at $1,974,884.00 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 Land


Market Trend for Wakefield, RI

Total Listings Available: 0

Market Values:

Home Prices from $175,046 to $1,974,884

Average Sales Price: $794,077

Rental Values:

Rental from $870 to $2,740

Average Rent Value: $1,716 / month

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