Wakefield Housing Market Report February 2025•Sussex County, Virginia

Housing Prices in Wakefield, VA

How much do homes in Wakefield, VA cost?

Median List Price

$224,000$150/SqFt

+$7,500

+3.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Wakefield has increased by 3.5% since last year.

Summary: The median home list price in Wakefield was $224,000 in February 2025, up 3.5% from the previous year, and the median price per square foot was $150.

Median List Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	-	-	N/A
22 Bedrooms	$149.9K	$199.9K	+33.4%
33 Bedrooms	$179K	$185K	+3.4%
44 Bedrooms	$290.7K	$367.4K	+26.4%
55+ Bedrooms	$464.9K	$606.4K	+30.4%

Summary: Wakefield housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +33.4%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes increased by +26.4%. The home price for 5 bedroom homes increased by +30.4%.

How does Wakefield, VA compare with other places?

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Bedrooms

Data and numbers shown are subject to change and may vary based on different timeframes.

Wakefield, VA

Housing supply in Wakefield, VA

How many homes are available in Wakefield, VA?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
17Last MonthFeb 2025
122 months agoJan 2025	+41.7 % Change MoMJan – Feb

Summary: The Wakefield real estate market had 17 homes for sale in Feb 2025, a 41.7 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
44 Bedrooms	2	3	+50.0%
55+ Bedrooms	3	3	0.0%
11 Bedroom	0	0	0.0%
22 Bedrooms	2	3	+50.0%
33 Bedrooms	5	8	+60.0%

Summary: Wakefield housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +60.0%.

Days on Market for Wakefield, VA

How long does it take to sell a home in Wakefield, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Wakefield has remained consistent over time.

Summary: During February 2025, 3 homes were sold in Wakefield; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

This Year	1 year ago	Change YoY
99 DaysThis YearFeb 2025
119 Days1 year agoFeb 2024	-16.8 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in Wakefield had an average listing age of 99 days in Feb 2025, down by 16.8% compared to the previous year.

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Newest Listings in Wakefield, VA

What homes are available in Wakefield, VA?

See More Listings

11.8AC Faison Rd, Wakefield VA, 23888 land for sale

Listing photo 2 for 11.8AC Faison Rd, Wakefield VA 23888

Listing photo 3 for 11.8AC Faison Rd, Wakefield VA 23888

6 days on Rocket

$294,900

Land • 11.83 Acres

11.8AC Faison Rd, Wakefield VA 23888

#10572713, Matthew Spencer, Listing Office: Rock Steady Group

view of front of house featuring a porch, a front yard, and cooling unit

staircase with baseboard heating and wood finished floors

office with cooling unit, crown molding, baseboard heating, and wood finished floors

$3,681 Closing Credit¹

$310,000

4 beds • 2.5 baths • 2,604 sqft

214 Wilson Ave, Wakefield VA 23888

#10570870, Elizabeth Renney, Listing Office: BHHS RW Towne Realty

ranch-style home with entry steps and gravel driveway

dining space with visible vents, baseboards, and wood finished floors

hall with arched walkways, a textured ceiling, baseboards, and wood finished floors

$1,959 Closing Credit¹

$165,000

3 beds • 1 bath • 1,450 sqft

119 E Jonhson Ave, Wakefield VA 23888

#10570202, Raul Mendez, Listing Office: EXP Realty LLC

view of front of property featuring a front yard

$2,374 Closing Credit¹

$199,900

2 beds • 1 bath • 1,170 sqft

307 W Church St, Wakefield VA 23888

#10569431, S Dane Scott, Listing Office: Scott & Assoc. Inc. Realtors

view of exterior entry with covered porch

view of front of property featuring covered porch

$2,719 Closing Credit¹

$229,000

3 beds • 2 baths • 1,040 sqft

316 Grace St, Wakefield VA 23888

#10569259, Brandon Privette, Listing Office: 1st Advantage Realty LLC

view of front of property with a front lawn

living room featuring hardwood / wood-style floors, ceiling fan, and lofted ceiling

living room with dark hardwood / wood-style flooring and lofted ceiling

$4,732 Closing Credit¹

$398,500

3 beds • 2.5 baths • 2,072 sqft

511 Freemans Pond Rd, Wakefield VA 23888

#10565717, Catherine Walls, Listing Office: Virginia Home and Land Company

142 Baptist St, Wakefield VA, 23888 land for sale

Listing photo 2 for 142 Baptist St, Wakefield VA 23888

Listing photo 3 for 142 Baptist St, Wakefield VA 23888

$95,000

Land • 3.12 Acres

142 Baptist St, Wakefield VA 23888

#10565054, Tonya Whitehead, Listing Office: Golston Real Estate Inc

view of home's exterior featuring covered porch

$3,859 Closing Credit¹

$325,000

3 beds • 3.5 baths • 2,300 sqft

139 W Main St, Wakefield VA 23888

#10563820, Catherine Saccone, Listing Office: Virginia 1st Realty Group LLC

$1,781 Closing Credit¹

$150,000

2 beds • 1 bath • 1,080 sqft

125 E Main St, Wakefield VA 23888

#10555009, Mike Robinson, Listing Office: Chesapeake Bay Realty

view of front of property featuring a porch

$7,991 Closing Credit¹

$672,900

5 beds • 3.5 baths • 2,984 sqft

12AC Millfield Rd, Wakefield VA 23888

#10552466, Dan Lawson, Listing Office: GreenTree Realty Inc

view of front facade featuring covered porch

view of front of house with a garage and a porch

$7,148 Closing Credit¹

$601,900

4 beds • 3.5 baths • 2,670 sqft

5.69AC Millfield Rd, Wakefield VA 23888

#10552168, Dan Lawson, Listing Office: GreenTree Realty Inc

modern inspired farmhouse featuring a porch

$7,148 Closing Credit¹

$601,900

4 beds • 2.5 baths • 2,607 sqft

4.36AC Millfield Rd, Wakefield VA 23888

#10552146, Dan Lawson, Listing Office: GreenTree Realty Inc

Nearby markets

Nearby markets aren't available for Wakefield, VA

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Last updated on: 3/13/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.