Zip 02879 (Wakefield, RI) Housing

The housing market in 02879 Wakefield, RI is currently strong. The median value for housing in the area is $575,900 which is significantly higher than the US median house value of $338,100. Additionally, over the past year the housing appreciation rate was 10.78%, well above the national average of 8.27%. This indicates that those looking to invest in a house in 02879 Wakefield would likely have a very positive return on their investment.

The median home cost in Wakefield (zip 02879) is $575,900. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Wakefield (zip 02879) is up 16.0%.

Average Age of Homes

- The median age of Wakefield (zip 02879) real estate is 42 years old

The Rental Market in Wakefield (zip 02879)

- Renters make up 18.9% of the Wakefield (zip 02879) population
- 0.6% of houses and apartments in Wakefield (zip 02879), 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, Rhode Island	United States
	11,645.0	139,647,020.0
	45	42
	$575,900	$338,100
	16.0%	16.6%
	60.5%	57.0%
	91.2%	101.1%
	$12.40	$10.98
	$4,957	$2,690
	59.8%	57.4%
	21.4%	11.2%
	18.8%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	19.5%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.9%	2.4%
	0.3%	2.8%
	0.1%	3.9%
	0.7%	4.5%
	2.7%	11.3%
	1.8%	13.0%
	15.9%	20.1%
	27.4%	13.6%
	21.9%	8.3%
	19.6%	9.7%
	3.5%	3.9%
	3.4%	2.2%
	0.2%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.9%	13.6%
	12.9%	13.6%
	12.0%	13.6%
	14.7%	13.2%
	13.9%	14.8%
	12.0%	13.6%
	10.5%	10.0%
	4.9%	4.7%
	18.7%	12.2%

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