Single Family Inventory Levels in Wakefield, MA: 2025 vs. Recent Years

In real estate, inventory levels are like the pulse of the market—telling us not just how many homes are available, but also hinting at the overall health and direction of the market. For Wakefield, MA, single-family home inventory over the past five years has painted a fascinating picture of change, opportunity, and challenge for both buyers and sellers.

Let’s take a closer look at the numbers from MLS PIN as of October 21, 2025:

• 2025 YTD: 186 single-family listings, average sale price $894,534
• 2024: 161 listings, average sale price $862,878
• 2023: 169 listings, average sale price $820,381
• 2022: 231 listings, average sale price $749,945
• 2021: 215 listings, average sale price $722,337

What do these numbers reveal? First, after a dip in inventory in 2023 and 2024, 2025 has seen an uptick—though not quite reaching the highs of 2021 and 2022. This suggests that while more homes are coming to market, supply still isn’t back to pre-2022 levels. For buyers, this means there are more options than in the immediate past, but competition for homes remains strong.

On the pricing front, Wakefield continues to see steady appreciation. The average sale price climbed from $722,337 in 2021 to nearly $895,000 in 2025. This upward trend underscores the area’s desirability and the persistent demand, even as inventory fluctuates. For sellers, these rising prices are welcome news, but buyers may need to adjust expectations or act quickly when a home fits their needs.

What’s driving these shifts? Factors include changing interest rates, evolving buyer priorities, and broader economic trends. The pandemic years saw a surge in demand for suburban homes, and while the initial frenzy has cooled, Wakefield remains a popular destination for those seeking a blend of community, amenities, and accessibility.

Looking ahead, it’s wise for both buyers and sellers to stay informed and work with local experts who understand the nuances of this dynamic market. Whether you’re considering making a move or just keeping an eye on trends, Wakefield’s single-family home market continues to offer both opportunities and lessons for everyone involved.