Wakefield, VA Home Values & Market Trends
Real estate market trends reflect that there have been 28 transactions over the past year in Wakefield. The median value for residential home transactions that occurred over the previous year is $167,066.91. The number of current listings in Wakefield is 2, and the percentage of properties for sale in the city is 2.00%. Wakefield, VA currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 2 properties for sale.
Wakefield, VA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
23888 | $ 540,000 $ 120/sqft |
Housing Market Summary for Wakefield, VA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $289K | $207.7K | -28.12% |
Median Sold Price | $106.2K | $207.7K | 95.52% |
Homes For Sale | 1 | 1 | - |
Homes Sold | 24 | 15 | -37.50% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Wakefield, VA
Browse Homes in Wakefield, VA
Wakefield home values range from $15,090 to $4,576,248. The median estimated value of a home in Wakefield is $167,066.91. The median list price of a home is 357,500, and the total count of properties in the city is 983.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Wakefield, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Wakefield, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Wakefield, VA ranges from the highest value of $186,926 in 23888 to the lowest value of $186,926 in 23888. Bank owned homes and properties account for 0.10% of properties in Wakefield, VA. There is 1 zips within Wakefield, VA; 23888 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions23888 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Wakefield, VA. Auction homes and other auction properties account for 0.10% of all properties in Wakefield, VA. There is 1 zips within Wakefield, VA; of that zips, the median estimated home value for homes going to auction ranges from $305,083 in 23888 to the lowest value of $305,083 in 23888.
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Guide for Wakefield, VA
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