Greater Boston · Town guide
A lake town with a walkable downtown around Lake Quannapowitt, two commuter rail stops, and quick access to I-95 and I-93.
Wakefield market · August 2026 year to date
| Measure | Single-family | Condo |
|---|---|---|
| Median sale price | $865,000 | $649,500 |
| Change vs. last year | ▲ 0.9% | ▲ 1.2% |
| Sales closed | 99 | 52 |
| Median days on market | 31 | 53 |
| Sale price vs. original list | 103.1% | 99.6% |
| For sale at month end | 14 | 20 |
| Months of supply | 1.0 | 2.4 |
Source: Massachusetts Association of REALTORS®, Wakefield Local Market Update (PDF, opens in a new tab) (MLS PIN data). Year-to-date figures except homes for sale and months of supply, which are for the latest month. A town median is a starting point; the right price is street by street.
Side by side · August 2026 year to date
| Town | Median single-family | Median condo | Days on market | Tax rate (FY2026) |
|---|---|---|---|---|
| Wakefield | $865,000 ▲ 0.9% | $649,500 | 31 | $11.74 |
| Reading | $985,000 ▲ 7.7% | $607,500 | 23 | $10.96 |
| Stoneham | $860,000 ▼ 1.1% | $430,000 | 24 | $10.06 |
| Lynnfield | $1,132,500 ▲ 6.8% | $663,750 | 28 | $11.46 |
| Melrose | $989,370 ▼ 1.1% | $550,000 | 23 | $11.47 |
| Saugus | $700,000 ▼ 1.4% | $569,000 | 29 | $10.42 |
Year-to-date medians from each town's MAR Local Market Update; tax rates per $1,000 from the Mass. Division of Local Services. Nearby = closest town centers among the towns I cover.
Town guide
Wakefield centers on Lake Quannapowitt, where a popular walking loop circles the water near downtown. Main Street has restaurants and shops, and the commuter rail and I-95 make it an easy commuting town.
I've sold townhouses and condos in Wakefield, and the lake and the train are consistently what buyers mention first.
A quick orientation, not a ranking:
| Area | What it's like | Worth a look if you want |
|---|---|---|
| Downtown & the lake | Main Street, the Common, and Lake Quannapowitt | Walkability and the lake loop |
| Greenwood | Neighborhood with its own rail stop toward Melrose | Rail access and a residential feel |
| Montrose | Residential area near the Lynnfield line | More space |
| West Side | Residential streets toward Reading | Quieter neighborhoods |
Wakefield is mostly single-family, with colonials, capes, and Victorians, plus townhouses and condos, including newer buildings near downtown.
Wakefield has two commuter rail stations on the Haverhill Line, Wakefield and Greenwood. I-95 and I-93 are close for drivers.
For public school information, see the Massachusetts Department of Elementary and Secondary Education's school and district profiles (Wakefield Public Schools).
Yes. Wakefield has two commuter rail stations, Wakefield and Greenwood, on the Haverhill Line.
The lake at the center of town, with a popular walking loop near downtown.
Monthly cost calculator
Pre-filled with Wakefield's median single-family price and its FY2026 tax rate. Change anything. This is an estimate for planning, not a loan quote.
How I help in Wakefield
What homes here actually sell for, what they cost to own, and an offer strategy you can defend.
Buying with XavierA price grounded in Wakefield sales, a plan for what to fix, and a clear read on every offer.
Get a home valuationTwo- and three-families run as numbers: rents, expenses, financing, and condition.
Multifamily & investingThe median single-family sale price in Wakefield was $865,000 for August 2026 year to date, compared with $857,500 for the same period a year earlier. The median condo sold for $649,500. Source: Massachusetts Association of REALTORS® (MLS PIN data).
Single-family homes that sold in Wakefield during August 2026 year to date spent a median of about 31 days on market and sold for 103.1% of their original list price on average, according to MAR.
Wakefield's FY2026 residential property tax rate is $11.74 per $1,000 of assessed value (Massachusetts Division of Local Services). On a home assessed at the median single-family sale price, that's roughly $10,160 a year; your actual bill depends on the assessed value.
Yes. MBTA service in Wakefield: commuter rail: Greenwood, Wakefield (Haverhill Line). Check the MBTA's current schedules for times.
Renting the condo would have cost the owner about $600 a month. Selling it took one honest pricing conversation. Here's the rent analysis, the reset, and why a small price cut would have backfired.
Priced just under $800K, the townhouse drew multiple offers in a week and went under contract around $835K. Then the appraisal came in at $815K. Here's how the pricing worked and how the deal still closed.
MLS listings
Active and coming-soon listings in Wakefield, through my Ruuster home search. Save a search to hear about new ones as they come on.
Search provided by Ruuster via HomeBase. Open the full Wakefield search in a new tab (opens in a new tab). Listing information is deemed reliable but not guaranteed.
Buying or selling here?
Tell me what you're weighing: a street, a price range, a timeline. I'll send the recent sales that matter and what I'd watch for in Wakefield specifically.
Sources: market figures, Massachusetts Association of REALTORS®, Local Market Update (data: MLS PIN; © ShowingTime Plus); tax rate, Massachusetts Division of Local Services, Municipal Databank, Tax Rates by Class; population, U.S. Census Bureau, Vintage 2024 population estimates for cities and towns; stations, MBTA (V3 API); distance, OpenStreetMap Nominatim (town center); miles are straight-line to Boston City Hall. Numbers retrieved 2026-09-25.
Let's talk
Tell me what you're trying to do, when, and why. I'll walk you through what it would take, and tell you straight whether now makes sense and whether I'm the right person for it.