Todays Market Report

Wakefield, MA

Single-Family Homes



Wakefield, MA

Tue Jul 15 2025
This week the median list price for Wakefield, MA is $1,039,900 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has increased to 13. Click here to stay informed with the Wakefield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Wakefield, MA

Tue Jul 15 2025
This week the median list price for Wakefield, MA is $1,039,900 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has increased to 13. Click here to stay informed with the Wakefield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Wakefield market.
Median List Price $1,039,900
Median Price of New Listings $939,100
Per Square Foot $370
Average Days on Market 32
Median Days on Market 14
Price Decreased 31%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 100
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,392,450 4,511 0.25 - 0.5 acre 4 4.8 56 1 2 49
$1,125,000 2,856 0.25 - 0.5 acre 4 3 38 0 1 7
$899,900 2,027 0.25 - 0.5 acre 4 3 125 2 2 0
$699,900 1,890 0.25 - 0.5 acre 3 1.5 70 1 1 14