Median Price
$775,000
$480/sqft
Schools
7.5/10
Good
Appreciation
3.6/10
Growth Potential
Commute
27 min
to Boston
Live Market Snapshot
Loading…Recently Sold in Wakefield
View all 7 sales$962,000
Curated Median
7
Total Sales on Record
$775,000–1,310,000
Price Range
Under Median
$806,000
3 Western Ave
4bd2ba2,213 sqft
$364/sqftInvalid Date
Under Median
$775,000
7 Beebe Ln
3bd3ba2,579 sqft
$301/sqftInvalid Date
At Median
$962,000
48 Spring St
3bd2ba2,175 sqft
$442/sqftInvalid Date
At Median
$1,100,000
346 Albion St
3bd3ba2,907 sqft
$378/sqftInvalid Date
At Median
$926,500
15 Hartshorne Rd
5bd2ba2,340 sqft
$396/sqftInvalid Date
Well Over Median
$1,300,000
284 Main St
5bd3ba3,000 sqft
$433/sqftInvalid Date
What Drives Prices in Wakefield
Full breakdownDecomposition of the $775,000 median price into its underlying components.
Land Value$126,246 (16%)
Structure & Quality$474,925 (61%)
School Premium$90,176 (12%)
Access & Commute Premium$124,442 (16%)
Prestige & Stability Premium-$40,789 (-5%)
970
School Value Score
1080
Overall Value Score
The Wakefield Vibe
Family-focused North Shore suburb with Lake Quannapowitt as centerpiece. Good schools, walkable downtown, and solid value for families who want space without breaking the bank.
Wakefield wraps around beautiful Lake Quannapowitt—think walking paths, swans, and family-friendly vibes. It's the affordable alternative to Winchester with better schools than you'd expect.
Highlights
🏞️ Lake Quannapowitt with 5-mile walking path
🏫 Better schools than price suggests (7.5/10)
🚆 Commuter rail to North Station
💰 Good value at $775K median
Who It's For
✓ Great for
- •Families seeking value with good schools
- •Those who love outdoor recreation (lake)
- •First-time buyers stepping up from Malden/Medford
- •Commuter rail users heading to North Station
⚠ Consider elsewhere if
- •You need quick Boston access
- •You want prestige or luxury
- •You prefer coastal over lake living
Demographics
Population26,854
Median Age43.3
Median Household Income$155,708
Work from Home20.3%
Professional Sector61.1%
Safety & Crime
Safe - Below MA average crime
Safety Ranking
0.8
Violent Crime / 1,000
4.1
Property Crime / 1,000
Insider Tips
- 1.Lake Quannapowitt is the social center—everyone walks it
- 2.Downtown has a surprising food scene
- 3.North Side vs. South Side matters for neighborhood character