Wakefield, MA Condo Market Report (In last 12 months)
Avg. List Price
$691,046
($536/Sqft.)
Year-Over-Year List Price
30.63%
Total Listings
102
Avg. Days on Market
85
Avg. Sale Price
$616,064
($535/Sqft.)
Year-Over-Year Sale Price
16.85%
Total Sold
76
Avg. HOA Fees/Sqft.
($4/monthly)
Avg. List Price
$691,046
($536/Sqft.)
Year-Over-Year List Price
30.63%
Wakefield, MA Condo Market Overview
Welcome to Wakefield, a charming New England town where suburban tranquility meets spirited community life. The condo market here offers a delightful mix of options, ranging from modern developments with sleek finishes to more traditional, character-rich buildings that reflect the town’s historical roots. Key neighborhoods, such as Lake Quannapowitt and the downtown area, boast scenic views and easy access to beautiful parks and the picturesque waterfront, perfect for strolls and outdoor activities. Residents enjoy a vibrant local culture, complete with delightful cafes, boutique shops, and seasonal events that foster a sense of community. With a strong emphasis on family-friendly living and excellent school systems, Wakefield is an inviting place for all ages. Whether you're seeking a luxurious waterfront condo with stunning views or a cozy, affordable option that provides easy commuter access to Boston, Wakefield’s diverse real estate landscape offers something for everyone looking to call this charming town home.
22 Listed For Sale NowCondos For Sale In Wakefield, MA
Explore Wakefield, MA Neighborhoods
Wakefield is a charming suburban enclave celebrated for its picturesque lakes, vibrant community events, and historic charm. With a welcoming atmosphere, excellent schools, and a variety of local shops and eateries, this town offers a perfect blend of small-town warmth and convenient access to urban attractions.
Frequently Asked Questions About Wakefield, MA
What is it like to live in Wakefield?
Living in Wakefield offers a suburban feel with a mix of single-family homes and condominiums, catering to families and professionals alike. The town has access to public transportation, including the MBTA commuter rail, and features parks, schools, and local amenities, making it a community-focused area.
Is Wakefield expensive?
Wakefield's cost of living is above the national average, with real estate prices driven by its proximity to Boston and quality schools. The median home price typically ranges from $500,000 to $700,000, reflecting the demand for housing in this suburb.
How much is a condo in Wakefield?
As of 2025, the average price for a condo in Wakefield ranges from approximately $300,000 to $500,000, depending on size and proximity to amenities. The real estate market is characterized by a variety of options, with many units offering modern finishes and access to local services.
What are the safest neighborhoods in Wakefield?
Wakefield is generally considered a safe community with low crime rates across the town. Neighborhoods such as Greenwood and the Lake Quannapowitt area are particularly noted for their family-friendly environment and residential appeal, making them desirable places to live.
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