Call or Text (240) SELL-123

WAKEFIELD, RI 02879

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WAKEFIELD, RI real estate market (02879) currently shows 57 active listings, with 28 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 61 days on market compared to 38 days last year.

The median listing price has risen 2.3% year-over-year, from $849,000 to $868,750.

Whether you are buying or selling in WAKEFIELD, RI, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WAKEFIELD, RI 02879 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 22,369  ·  Density: 218.7/mi²  ·  Median household income: $112,409

Typical home value: $470,572  ·  Homeownership: 77.9%

Market Overview

Active Listings
57
⇩ 21.9% vs 73 last year
Pending
28
49% pending ratio
Median Price
$868,750
⇧ 2.3% vs $849,000 last year
Average Price
$1,315,956
⇧ 3.7% vs $1,268,455 last year
Days on Market
61
⇧ 60.5% vs 38 days last year

Price Per Square Foot

Median $/sqft
$548
⇧ 10.3% vs $497/sqft last year
Median Home Size
1,787 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 73 last year
  • Days on market: 61 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $868,750 (+2.3% YoY)
  • Average: $1,315,956 (+3.7% 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 18.1 miles — 384 listings ($659,725,914 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02879Wakefield, RI 028790.0 mi56$71,188,600$868,750$1,271,225
02881Kingston, RI 028813.8 mi3$2,262,000$754,000$754,000
02874Saunderstown, RI 028747.0 mi11$30,241,992$1,849,500$2,749,272
02813Charlestown, RI 028137.2 mi30$35,977,830$1,008,725$1,199,261
02835Jamestown, RI 0283510.2 mi21$59,505,117$1,549,500$2,833,577
02808Bradford, RI 0280811.0 mi6$2,479,500$413,250$413,250
02852North Kingstown, RI 0285211.7 mi47$66,425,899$762,463$1,413,317
02804Ashaway, RI 0280412.1 mi4$1,868,000$467,000$467,000
02891Westerly, RI 0289114.1 mi56$170,048,256$1,235,000$3,036,576
02818East Greenwich, RI 0281814.9 mi65$72,561,320$779,473$1,116,328
02872Prudence Island, RI 0287216.9 mi2$1,079,000$539,500$539,500
02807Block Island, RI 0280717.5 mi16$54,252,304$2,990,000$3,390,769
02871Portsmouth, RI 0287118.1 mi67$91,836,096$872,500$1,370,688

Frequently Asked Questions

How many homes are for sale in WAKEFIELD, RI 02879?

As of March 2026, there are 57 active listings in WAKEFIELD, RI (zip code 02879), compared to 73 the prior year.

What is the median home price in WAKEFIELD, RI 02879?

The median listing price in WAKEFIELD, RI 02879 is $868,750 as of March 2026, a 2.3% increase from $849,000 the prior year.

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

Homes in WAKEFIELD, RI 02879 spend an average of 61 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in WAKEFIELD, RI 02879?

Based on current inventory and days-on-market data as of March 2026, WAKEFIELD, RI 02879 is currently a Balanced Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 38 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WAKEFIELD, RI 02879 save an estimated $17,375 compared to a typical 5% commission on the median listing price of $868,750. 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.