The median home in Wakefield, Virginia is valued at $200,403, up 0.7% year over year. Wakefield is part of the Richmond, VA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Richmond, VA stress score, crash risk, and 12-month forecast →

Home Value$200,403

+0.7%

AFFORDABILITY

Enter your income for Wakefield.

Income (annual)

Down Payment

$40,081 on $200,403

Affordable — 20.5% of income

Under the 28% guideline.

PITI$1,284

P/I20.5%

Afford$273K

Room+$73K

P&I $1,013Tax $137Ins $133

6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.

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

Other cities in Virginia

Compare Wakefield with other housing markets across Virginia.

Great Falls$1629K McLean$1425K Waterford$1278K Dunn Loring$1188K Upperville$1141K Vienna$1132K Middleburg$1114K Aldie$1081K

Full Richmond, VA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Richmond, VA metro.

View Richmond, VA metro →

WAKEFIELD, VA