What are current home values in Wakefield, MA?

The median home value in Wakefield, MA is $819,252 as of August 2026. This represents a 0.3% increase compared to last month and a 2.3% increase year-over-year.

How have home values changed in Wakefield, MA?

Home values in Wakefield, MA have increased by 0.3% month-over-month and 2.3% 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 ($819,252) compares to: Middlesex County ($814,047), Massachusetts ($661,896), and the U.S. national median ($368,697).

Wakefield, MA Housing Market

$819,252

2.3% 1-yr

The average Wakefield, MA home value is $819,252, up 2.3% over the past year, and homes go to pending in around 10 days. (Updated on 8/31/2026)

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: $819,252

1-Year Value Change: +2.3%

(Data through August 31, 2026)

Wakefield Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 54 (August 31, 2026)

New Listings: 25 (August 31, 2026)

Median Sale to List Ratio: --

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

Median List Price: $791,967 (August 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 10 (August 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$646,549
East Side$702,851
West Side$829,359
Woodville$839,079
Montrose$849,977
Greenwood$815,210
Melrose Highlands$897,881
Cedar Park$1,029,780
Downtown$698,532

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Wakefield Rental Market Trends

Average Rent: $2,721 (August 31, 2026)

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: -0.4% (August 31, 2026)

Year-Over-Year Change: 2.7% (August 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.