Is Wakefield, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wakefield is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wakefield has remained a Seller's Market.

Key Takeaway

Wakefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wakefield, NH

How much do homes in Wakefield, NH cost?

Median Sold Price

$420,000

$264/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$60,000(+16.7%)

Key Takeaway

Homes in Wakefield have sold for 16.7% more than they did a month ago.

Summary: The median home sold price in Wakefield was $420,000 in March 2024, up 16.7% from last month, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $367.5K-
N/A
2 $283K-
N/A
3 $362.5K$400K
+10.3%
4 -$415K
N/A
5+ -$465K
N/A

Summary: Wakefield housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sanbornville
+27.7%
Wakefield
+16.7%
East Wakefield
+14.3%

Housing Supply in Wakefield, NH

How many homes are available in Wakefield, NH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1815-16.7%

Summary: The Wakefield real estate market had 15 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 20
-100.0%
2 43
-25.0%
3 76
-14.3%
4 45
+25.0%
5+ 11
0.0%

Summary: The Wakefield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wakefield, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Wakefield in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Wakefield, NH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Wakefield, NH

Nearby Markets to Wakefield, NH

What housing markets are near Wakefield, NH?