The median home in Wakefield, Massachusetts is valued at $784,327, up 2.4% year over year. Typical monthly rent is $2,631, producing a price-to-rent ratio of 24.8x — well above the national average of 18x. Wakefield is part of the Boston-Cambridge-Newton, MA-NH metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Boston-Cambridge-Newton, MA-NH stress score, crash risk, and 12-month forecast →

Home Value$784,327

+2.4%

Rent$2,631/mo

AFFORDABILITY

Enter your income for Wakefield.

Income (annual)

Down Payment

$156,865 on $784,327

Out of reach — 78.4% of income

Need $210,000/yr to afford.

PITI$4,900

P/I78.4%

Afford$280K

Gap-$504K

P&I $3,966Tax $784Ins $150

Renting $2,269/mo cheaper ($2,631 rent)6.50% 30yr, 20% down, county tax + MA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Massachusetts

Compare Wakefield with other housing markets across Massachusetts.

Nantucket$2970K Chilmark$2283K Weston$2182K Wellesley$1946K Edgartown$1773K Aquinnah$1729K Dover$1715K West Tisbury$1597K

Full Boston-Cambridge-Newton, MA-NH analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Boston-Cambridge-Newton, MA-NH metro.

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WAKEFIELD, MA