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Bear Hill Colonial Park Downtown Downtown (Wakefield Center) East Side (The East Side) Farm Hill Golden Hills (the Golden Hills) Greenwood Horace Mann Lakeside Melrose Highlands (the Highlands) Montrose Wakefield Park (the Park) West Side (The West Side) Woodville

WAKEFIELD, MA 01880

Real Estate Market Report  ·  Middlesex County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 01880

Bear Hill · Colonial Park · Downtown · Downtown (Wakefield Center) · East Side (The East Side) · Farm Hill · Golden Hills (the Golden Hills) · Greenwood · Horace Mann · Lakeside · Melrose Highlands (the Highlands) · Montrose · Wakefield Park (the Park) · West Side (The West Side) · Woodville

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WAKEFIELD, MA real estate market (01880) currently shows 21 active listings, with 5 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 22 days on market compared to 9 days last year.

The median listing price has fallen 16.9% year-over-year, from $850,000 to $706,725.

Whether you are buying or selling in WAKEFIELD, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,026  ·  Density: 1,412.9/mi²  ·  Median household income: $125,707

Typical home value: $646,311  ·  Homeownership: 71.5%

Market Overview

Active Listings
21
⇧ 23.5% vs 17 last year
Pending
5
24% pending ratio
Median Price
$706,725
⇩ 16.9% vs $850,000 last year
Average Price
$769,799
⇩ 8% vs $836,840 last year
Days on Market
22
⇧ 144.4% vs 9 days last year

Price Per Square Foot

Median $/sqft
$557
⇧ 6.9% vs $521/sqft last year
Median Home Size
1,357 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 17 last year
  • Days on market: 22 now vs 9 last year

Median & Average Pricing

Year over Year
  • Median: $706,725 (-16.9% YoY)
  • Average: $769,799 (-8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.7 miles — 238 listings ($237,016,713 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01880Wakefield, MA 018800.0 mi22$18,229,134$739,900$828,597
01940Lynnfield, MA 019402.6 mi15$35,619,690$1,735,500$2,374,646
02176Melrose, MA 021763.3 mi19$17,017,122$734,600$895,638
01801Woburn, MA 018014.7 mi28$24,968,440$719,723$891,730
02148Malden, MA 021485.1 mi14$8,651,020$572,147$617,930
01890Winchester, MA 018905.4 mi24$52,644,360$2,148,000$2,193,515
01864North Reading, MA 018645.5 mi22$16,431,272$628,700$746,876
01887Wilmington, MA 018876.4 mi13$8,236,878$649,500$633,606
02149Everett, MA 021496.7 mi11$6,592,300$573,950$599,300
01902Lynn, MA 019026.8 mi24$10,202,568$457,400$425,107
02474Arlington, MA 024747.4 mi11$13,464,044$1,378,000$1,224,004
02150Chelsea, MA 021507.6 mi19$8,782,845$470,000$462,255
01923Danvers, MA 019237.7 mi16$16,177,040$638,000$1,011,065

Frequently Asked Questions

How many homes are for sale in WAKEFIELD, MA 01880?

As of March 2026, there are 21 active listings in WAKEFIELD, MA (zip code 01880), compared to 17 the prior year.

What is the median home price in WAKEFIELD, MA 01880?

The median listing price in WAKEFIELD, MA 01880 is $706,725 as of March 2026, a 16.9% decrease from $850,000 the prior year.

How long do homes stay on the market in WAKEFIELD, MA?

Homes in WAKEFIELD, MA 01880 spend an average of 22 days on the market before going under contract, compared to 9 days the prior year.

Is it a seller's or buyer's market in WAKEFIELD, MA 01880?

Based on current inventory and days-on-market data as of March 2026, WAKEFIELD, MA 01880 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 22 days on market compared to 9 days last year.

How much can I save on real estate commission in WAKEFIELD, MA?

With SELL123.com's maximum 3% commission, sellers in WAKEFIELD, MA 01880 save an estimated $14,135 compared to a typical 5% commission on the median listing price of $706,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.