Wakefield, MA · Market Data

Wakefield, Massachusetts real estate market data.

Real estate market data for Wakefield, MA (Middlesex County) — Census median home value $670,100, county listing prices down about 6.3% over the past year.

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Wakefield, MA is in Middlesex County, Massachusetts — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 27,284, with a median household income of $130,320. Census data puts Wakefield's median home value at $670,100 (all owner-occupied homes); Middlesex County's current median listing price runs $899,450, down about 6.3% over the past year.

At a glance

Wakefield market snapshot

Population

27,284

Median Household Income

$130,320

Median Home Value (city)

$670,100

Median Listing Price (Middlesex County)

$899,450

Median Gross Rent

$1,872/mo

Price Trend (YoY)

-6.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Wakefield

What makes Wakefield different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Wakefield's median home value — across all owner-occupied homes, not just recent sales — at $670,100. Separately, Middlesex County's current median listing price (via Realtor.com data, 2026-06-01) runs $899,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Middlesex County's FHFA house price index shows a 3.56% annual change in 2025.

Population & Income

Wakefield has an estimated population of 27,284 and a median household income of $130,320, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Wakefield's Census-reported median home value works out to about 5.1x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Wakefield FAQ

What are home values like in Wakefield, MA?

The Census Bureau's American Community Survey puts Wakefield's median home value at $670,100. Middlesex County's current median listing price runs $899,450, down about 6.3% over the past year.

What is the population of Wakefield, MA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Wakefield's population at approximately 27,284.

What's the median rent in Wakefield, MA?

The Census ACS estimates median gross rent in Wakefield at approximately $1,872 per month.

What is the median household income in Wakefield, MA?

Census ACS data puts the median household income in Wakefield at approximately $130,320.

Is the Wakefield housing market growing?

Middlesex County's FHFA house price index shows a 3.56% annual change in 2025.

Is Wakefield, MA affordable relative to income?

Census ACS data puts Wakefield's median home value at about 5.1 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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