Current Price

$94,891

1 Month Forecast

â–² $109,161

1-Year Forecast *

â–² $118,076

5-Year Forecast *

â–² $139,534

"Is it a good time to buy homes in Wakefield?" "Does investing in real estate in Wakefield (Michigan State, Gogebic County) worth it?" According to our live Forecast System, buying a house in Wakefield is a good short-term (1-year) investment*. The Wakefield average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Wakefield" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Wakefield in Michigan State, Gogebic County. If you are looking for homes for sale with good flipping profit, Wakefield can be a profitable property investment option. The median price of an average house in Wakefield was 94,891 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Wakefield" area is 139,534 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +47.05% meaning that investing 100000 USD today may yield a profit of 47,047 USD by 2031.

Current Median Listing Price: 94,891 USD Median Listing Price Per Square Foot: 53 USD

Wakefield Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Wakefield (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Wakefield Price Target

Wakefield median home price target in 12 months: $118,076* (upside of 24.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $105,862 $108,051 $105,862 $108,051
2024 $85,197 $94,891 $84,711 $94,891
2023 $83,752 $86,216 $80,698 $86,566
2022 $82,743 $84,325 $82,743 $85,723
2021 $71,410 $81,715 $71,410 $81,715
2020 $60,420 $69,942 $60,292 $69,942
2019 $62,786 $61,169 $61,169 $62,786
2018 $56,936 $62,276 $56,936 $62,276
2017 $52,696 $56,288 $51,624 $56,288
2016 $55,608 $52,798 $52,798 $57,394
2015 $53,973 $55,757 $52,907 $55,757
2014 $54,678 $53,509 $52,475 $54,678
2013 $66,361 $55,559 $55,559 $67,410
2012 $60,310 $65,259 $59,693 $65,259

Questions & Answers about the Wakefield Housing Market Forecast

How much does an average home cost in Wakefield today?

The value of an average home (the listing price) in Wakefield is $94,891 USD.

What is the average price per square foot in Wakefield?

According to Walletinvestor the median price per square foot in Wakefield is 53 USD.

Will the median listing price of homes in Wakefield grow / rise / go up?

Yes. The Wakefield home prices may rise from 94,891 USD to 118,076 USD in one year.

Is it profitable to invest in Wakefield homes?

Yes. The long-term profit potential is +24.43% in one year.

Will Wakefield house prices fall / drop?

No. See above.

What is the predicted price of a Wakefield home in 2030?

The predicted home sales price of a Wakefield home in 2030 in Wakefield is 131,359 USD.

What is the predicted price of a Wakefield home in 2035?

The predicted home sales price of a Wakefield home in 2035 in Wakefield is 167,406 USD.

Will real estate prices decrease in Wakefield?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Wakefield is the 13217. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Gogebic, Wakefield decreased, looking at the past 12 months.

According to Walletinvestor's Wakefield real estate market research, home values will increase in the next 12 months.

Median home values decreased by 11.903% to 94,891 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 25.424% in 2021
  • 25.844% in 2022
  • 23.324% in 2023
  • 22.554% in 2024
  • 23.874% in 2025
  • 24.404% in 2026

Based on our Wakefield real estate market research and report the predicted sales prices will increase by 789.998% in the next 10 years.

Over the last 12 months, the value of homes in Wakefield fluctuated: increasing 3 times and decreasing 1 times.

Wakefield (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Wakefield Housing Market Forecast with Real Estate Prices for 2025
August 2025 109161 103703 114619
September 2025 110282 100577 119986
October 2025 111414 101052 121775
November 2025 112558 103666 121450
December 2025 113714 105185 122242
Wakefield Housing Market Forecast with Real Estate Prices for 2026
January 2026 114392 106728 122056
February 2026 114324 107693 120955
March 2026 114415 106291 122538
April 2026 114512 103176 125849
May 2026 115688 104698 126679
June 2026 116876 109863 123889
July 2026 118076 106269 129884
August 2026 118669 110006 127332
September 2026 117801 106138 129463
October 2026 117099 107146 127053
November 2026 116663 108497 124829
December 2026 116497 106711 126282
Wakefield Housing Market Forecast with Real Estate Prices for 2027
January 2027 116766 109994 123538
February 2027 117142 108005 126279
March 2027 117512 105996 129028
April 2027 116734 109613 123854
May 2027 115941 108984 122897
June 2027 115089 106803 123376
July 2027 114244 107275 121213
August 2027 113405 103199 123612
September 2027 112677 103550 121804
October 2027 112995 105763 120226
November 2027 113898 105242 122555
December 2027 115068 105977 124158
Wakefield Housing Market Forecast with Real Estate Prices for 2028
January 2028 116249 110088 122411
February 2028 117443 108635 126251
March 2028 118649 109157 128141
April 2028 118170 106471 129868
May 2028 117302 110029 124575
June 2028 116634 107420 125848
July 2028 117831 111586 124076
August 2028 119041 112256 125827
September 2028 120264 109079 131448
October 2028 121498 113723 129274
November 2028 122746 113295 132197
December 2028 124006 114334 133679
Wakefield Housing Market Forecast with Real Estate Prices for 2029
January 2029 125060 114179 135940
February 2029 126185 116973 135396
March 2029 127205 120336 134075
April 2029 127791 116673 138909
May 2029 129103 117226 140981
June 2029 130260 120491 140030
July 2029 131359 124003 138715
August 2029 131653 119277 144028
September 2029 131685 124047 139323
October 2029 131622 118460 144784
November 2029 131773 119782 143765
December 2029 133126 122343 143910
Wakefield Housing Market Forecast with Real Estate Prices for 2030
January 2030 134493 126827 142159
February 2030 135874 123238 148511
March 2030 137269 125601 148937
April 2030 138679 128001 149357
May 2030 139506 129462 149550
June 2030 139423 126457 152390
July 2030 139534 127115 151952
August 2030 139653 130017 149289
September 2030 141087 133750 148423
October 2030 142535 129422 155649
November 2030 143999 131759 156239
December 2030 144722 131408 158037
Wakefield Housing Market Forecast with Real Estate Prices for 2031
January 2031 143663 136193 151134
February 2031 142808 134668 150948
March 2031 142276 130467 154084
April 2031 142073 133406 150739
May 2031 142401 131152 153651
June 2031 142860 128860 156861
July 2031 143311 135286 151337
August 2031 142362 129834 154890
September 2031 141395 133618 149172
October 2031 140357 126321 154392
November 2031 139326 128598 150054
December 2031 138303 124749 151856
Wakefield Housing Market Forecast with Real Estate Prices for 2032
January 2032 137415 125048 149782
February 2032 137802 129396 146208
March 2032 138904 131264 146544
April 2032 140330 126859 153802
May 2032 141771 131280 152262
June 2032 143227 132198 154255
July 2032 144698 130228 159167

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.