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Foreclosure Homes in Wakefield, VA 23888

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Wakefield, VA Foreclosures

Current Market Conditions in in Wakefield, VA As of April 2026?
In the past month, the Wakefield real estate market has shown slight fluctuations in listings and sold properties, indicating a continuing interest from buyers. While the number of homes for sale has increased, competition remains strong, particularly for well-maintained properties located near popular amenities and access to outdoor activities. Overall, the market remains favorable to sellers, showcasing the ongoing desirability of Wakefield.
How much do homes sell for in Wakefield, VA?
The average home price is currently $234,067.
In Wakefield, VA, how many homes are available?
There are currently 15 active home listings available in Wakefield.
What’s the average rental cost in Wakefield, VA?
The average rental price in Wakefield is $1,100.
What is the most expensive home in Wakefield?
The most expensive home sold in Wakefield had a price of $2,814,614.
What is currently the cheapest priced home in Wakefield, VA?
The cheapest home for sale in Wakefield is priced at $13,150.

Living in Wakefield, VA

Wakefield, VA is a charming small town that offers a quiet and friendly atmosphere with easy access to outdoor activities along the beautiful Blackwater River. The area is known for its welcoming community, local events, and scenic landscapes. Great for families and retirees seeking a slower pace of life.

Buyer vs Seller Market in Wakefield, VA

The real estate market in Wakefield is currently experiencing a steady growth, with an increase in demand for single-family homes. As more families discover the beauty and tranquility of this area, property values have begun to rise, making it an attractive place for investment.

Home prices in Wakefield remain accessible compared to urban areas, with a variety of options ranging from quaint cottages to larger homes with generous plots of land. This diversity allows buyers to find the perfect fit for their lifestyles.

Home Value Estimator For Wakefield, VA

There are currently 895 real estate properties in Wakefield, VA, with a median automated valuation model (AVM) price of $190,212.00. 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, VA, 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, VA, is $234,067.00, with the most expensive house in Wakefield, VA, topping out at $2,814,614.00 and the cheapest home in Wakefield, VA, clocking in at $13,150.00. In other words, there’s something for every potential homebuyer or savvy investor in Wakefield, VA!

Rent Prices In Wakefield, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wakefield, VA, is on a rollercoaster ride. The average rent price in Wakefield, VA, is $1,100.00. Indeed, when looking to rent in Wakefield, VA, you can expect to pay as little as $590.00 or as much as $2,320.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Wakefield, VA -- 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, VA 23888 Foreclosures

Market Trend for Wakefield, VA

Total Listings Available: 15

Market Values:

Home Prices from $13,150 to $2,814,614

Average Sales Price: $234,067

Rental Values:

Rental from $590 to $2,320

Average Rent Value: $1,100 / month

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