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The median home value in Wakefield, MA is $829,202 as of 2026-07-31, up 2.16% from a year earlier.
Median Home Value
$829,202
Year-over-Year
+2.16%
Population
28,594
Wakefield ranks #40 of 134 Massachusetts cities tracked here by median home value, and sits 24.8% above the state's city median of $664,186. It sits in Middlesex County, where the county-wide median is $825,261.
Median household income in Wakefield is $134,306, so the typical home value is about 6.2× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Wakefield police recorded a violent crime rate of 175 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 409 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Wakefield, that value is $829,202. That's up 2.16% from a year earlier. It is about 24.8% above the typical Massachusetts city tracked here.
Homes in Wakefield are more expensive than Middlesex County as a whole, where the median is $825,261 — a difference of about 0.5%.
Median household income here is $134,306, so the typical home value is about 6.2× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Wakefield police reported 175 violent crimes per 100,000 residents, covering a population of about 28,594. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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