What are current home values in Wakefield, MA?

The median home value in Wakefield, MA is $829,202 as of July 2026. This represents a 0.2% increase compared to last month and a 2.2% increase year-over-year.

How have home values changed in Wakefield, MA?

Home values in Wakefield, MA have increased by 0.2% month-over-month and 2.2% year-over-year.

How do home values in Wakefield, MA compare to Middlesex County, Massachusetts, and the national average?

The median home value in Wakefield, MA ($829,202) compares to: Middlesex County ($825,261), Massachusetts ($669,053), and the U.S. national median ($371,774).

Wakefield, MA Housing Market

$829,202

2.2% 1-yr

The average Wakefield, MA home value is $829,202, up 2.2% over the past year, and homes go to pending in around 9 days. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Wakefield Key Takeaways

Typical Home Values: $829,202

1-Year Value Change: +2.2%

(Data through July 31, 2026)

Wakefield Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 55 (July 31, 2026)

New Listings: 30 (July 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: $809,167 (June 30, 2026)

Median List Price: $782,933 (July 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 9 (July 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Wakefield

NameMedian ZHVI
Downtown$651,089
East Side$715,592
West Side$841,476
Woodville$855,559
Montrose$859,497
Greenwood$822,800
Melrose Highlands$909,073
Cedar Park$1,043,071
Downtown$711,975

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Wakefield Rental Market Trends

Average Rent: $2,838 (July 31, 2026)

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: 0.7% (July 31, 2026)

Year-Over-Year Change: 2.1% (July 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.