The Village of Wakefield housing market is very competitive. The median sale price of a home in Village of Wakefield was $306K last month, down 30.6% since last year. The median sale price per square foot in Village of Wakefield is $185, down 21.9% since last year.
What is the housing market like in Village of Wakefield today?
In February 2025, Village of Wakefield home prices were down 30.6% compared to last year, selling for a median price of $306K. On average, homes in Village of Wakefield sell after 13 days on the market compared to 8 days last year. There were 1 homes sold in February this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$305,500
-30.6% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Village of Wakefield, NC
$305,500
-30.6%
United States
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How hot is the Village of Wakefield housing market?
Village of Wakefield is very competitive. Homes sell in 34 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 34 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Learn about schools in the Village of Wakefield area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Village of Wakefield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Village of Wakefield.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Village of Wakefield has a minor risk of flooding. 34 properties in Village of Wakefield are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Village of Wakefield. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Village of Wakefield has a minor risk of wildfire. There are 12 properties in Village of Wakefield that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Village of Wakefield.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Village of Wakefield has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Village of Wakefield is most at risk from hurricanes. 577 properties in Village of Wakefield have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.
74% of properties are at major
risk of heat over the next 30 years
Heat Factor
Village of Wakefield has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 74% of homes in Village of Wakefield have a Major Heat Factor®.
Village of Wakefield is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Village of Wakefield is expected to experience 7