Wakefield, RI Foreclosures
How much do homes sell for in Wakefield, RI?
The average home price is currently $780,889.
In Wakefield, RI, how many homes are available?
There are currently 3 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 $1,908,747.
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 quaint and vibrant community known for its scenic beauty and welcoming atmosphere. With a mix of local amenities, outdoor activities, and educational institutions, it offers an ideal setting for families and individuals looking for a peaceful yet engaging lifestyle. Its close-knit community and charming downtown area enhance its appeal for residents and visitors alike.
Current Market Conditions in Wakefield, RI
Wakefield's real estate market has been relatively steady, with a balanced mix of buyers and sellers. The demand for homes in the area has remained strong, driven by its desirable location and community-oriented lifestyle. Recently, there has been an uptick in interest from families and retirees, which has led to a slight increase in home prices across the board.
The market is characterized by a variety of housing options, from historic homes to modern developments, catering to different budgets and preferences. Investors are also showing interest in multi-family properties due to the area's growing rental market.
Home Value Estimator For Wakefield, RI
There are currently 20 real estate properties
in Wakefield, RI,
with a median automated valuation model (AVM) price
of $626,547.00. 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 $780,889.00, with the most expensive house
in Wakefield, RI, topping out
at $1,908,747.00 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.
Learn more on Foreclosure homes
