Zip 01880 (Wakefield, MA) Housing

Housing in Wakefield, MA (01880) is quite expensive, with a median value of $674,200. This is much higher than the national median value for housing of $338,100. Despite these high prices, Wakefield has seen healthy appreciation over the last year. The house appreciation rate was 8.08%, just slightly lower than the US average of 8.27%. This indicates that housing is still a sound investment in Wakefield and provides a good opportunity for those looking to purchase property in the area.

The median home cost in Wakefield (zip 01880) is $674,200. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Wakefield (zip 01880) is up 12.9%.

Average Age of Homes

- The median age of Wakefield (zip 01880) real estate is 64 years old

The Rental Market in Wakefield (zip 01880)

- Renters make up 23.8% of the Wakefield (zip 01880) population
- 0.8% of houses and apartments in Wakefield (zip 01880), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wakefield, Massachusetts	United States
	11,399.0	139,647,020.0
	64	42
	$674,200	$338,100
	12.9%	16.6%
	48.6%	57.0%
	90.5%	101.1%
	$10.95	$10.98
	$6,413	$2,690
	69.2%	57.4%
	4.3%	11.2%
	26.4%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	1.4%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	0.3%	3.9%
	0.2%	4.5%
	0.1%	11.3%
	1.2%	13.0%
	5.2%	20.1%
	9.0%	13.6%
	14.9%	8.3%
	51.5%	9.7%
	13.3%	3.9%
	2.3%	2.2%
	0.4%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	6.5%	13.6%
	8.2%	13.2%
	9.7%	14.8%
	6.5%	13.6%
	17.7%	10.0%
	7.2%	4.7%
	31.1%	12.2%

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