#2505841, Carla Mayes, Listing Office: Harris & Assoc, Inc
Wakefield Housing Market Report April 2025•Sussex County, Virginia
Housing Prices in Wakefield, VA
How much do homes in Wakefield, VA cost?
Housing Market Conditions
Is Wakefield, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Wakefield is a Buyer's Market
Difference Since April 2024
Since last year, Wakefield has remained a Buyer's Market.
Wakefield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Wakefield have sold for 26.7% less than they did a year ago.
Summary: The median home sold price in Wakefield was $164,950 in April 2025, down 26.7% from last year, and the median price per square foot was $94.
Median Sold Price By Bedrooms
Beds | Apr 2024 | Apr 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $140K | $57.7K | -58.8% |
33 Bedrooms | $221.9K | $164.9K | -25.7% |
44 Bedrooms | $267K | $347.4K | +30.1% |
55+ Bedrooms | $385K | - | N/A |
Summary: Wakefield housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -58.8%. The home price for 3 bedroom homes decreased by -25.7%. The home price for 4 bedroom homes increased by +30.1%. The home price for 5 bedroom homes did not change.
How does Wakefield, VA compare with other places?
Market comparison tool
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 |
---|---|---|
23Last MonthApr 2025 | ||
182 months agoMar 2025 | +27.8 % Change MoMMar – Apr |
Summary: The Wakefield real estate market had 23 homes for sale in Apr 2025, a 27.8 % increase compared to Mar 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthApr 2025 | ||
12 months agoMar 2025 | +100.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
Beds | Mar 2025 | Apr 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 5 | 6 | +20.0% |
33 Bedrooms | 7 | 8 | +14.3% |
44 Bedrooms | 4 | 6 | +50.0% |
55+ Bedrooms | 2 | 3 | +50.0% |
Summary: Wakefield housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Wakefield, VA cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
If you're buying a home in Wakefield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Wakefield in April 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
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 Days1 Home
Over 90 Days0 Home
Many homes in Wakefield are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 2 homes were sold in Wakefield; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
22 DaysThis YearApr 2025 | ||
56 Days1 year agoApr 2024 | -59.8 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Wakefield had an average listing age of 22 days in Apr 2025, down by 59.8% compared to the previous year.
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Newest Listings in Wakefield, VA
What homes are available in Wakefield, VA?
Nearby markets
Nearby markets aren't available for Wakefield, VA
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MLS Disclaimers and Copyright
Based on information from Real Estate Information Network, and Central Virginia Regional MLS for the period 05/01/2023 - 05/01/2025

The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
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Last updated on: 5/11/2025, 4:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 4:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.