Wakefield, RI Real Estate Market Summary – September 8, 2026
In Wakefield, RI, the overall market features a total of 12 homes sold in the last 30 days, averaging a living area of 1,947 square feet. The median sale price for these homes was $725,000, with an average of 19 days on the market before closing.
| Metric | 30 Days |
|---|---|
| Number Sold | 12 |
| Sold Per Day | 1 every 2.50 days |
| Average SQFT | 1947 |
| Median Sales Price | $725,000 |
| Average Sales Price | $787,083 |
| Average Price Per SQFT | $398 |
| Average Days on Market | 19 |
| Average Year Built | 1959 |
Wakefield, RI Single Family Home Analysis
For single-family homes, 8 have changed hands with an average sale price of $864,625. The average living area for these properties is 2,122 square feet, and they spent an average of 17 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 8 |
| Sold Per Day | 1 every 3.75 days |
| Average SQFT | 2122 |
| Median Sales Price | $785,000 |
| Average Sales Price | $864,625 |
| Average Price Per SQFT | $405 |
| Average Days on Market | 17 |
| Average Year Built | 1954 |
Wakefield, RI Condo & Townhome Analysis
In the condo and townhome segment, 3 units were sold, with a median sale price of $451,000. The average living area of these units was 1,307 square feet, and they remained on the market for an average of approximately 24 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 1307 |
| Median Sales Price | $451,000 |
| Average Sales Price | $465,333 |
| Average Price Per SQFT | $361 |
| Average Days on Market | 24 |
| Average Year Built | 1999 |
Buyer & Seller Analysis
- Pace of listings was 1 every 2.50 days for the overall market.
- Average days on market before closing was 19.
- Median sale price for all homes was $725,000.
- Notable differences in pricing and living area across segments.
Conclusion
The Wakefield real estate market shows a diverse range of properties and a consistent pattern in the pace of listings. With various options available, potential sellers and buyers may find interesting opportunities in this area.