Current Price

$196,044

1 Month Forecast

â–² $204,826

1-Year Forecast *

â–² $217,954

5-Year Forecast *

â–² $241,784

"Is it a good time to buy homes in Wakefield?" "Does investing in real estate in Wakefield (Virginia State, Sussex 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 Virginia State, Sussex 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 196,044 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Wakefield" area is 241,784 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +23.33% meaning that investing 100000 USD today may yield a profit of 23,332 USD by 2031.

Current Median Listing Price: 196,044 USD Median Listing Price Per Square Foot: 109 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 (Virginia 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: $217,954* (upside of 11.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $204,616 $203,939 $203,939 $205,019
2024 $190,952 $196,044 $190,952 $198,647
2023 $181,324 $191,184 $179,802 $193,672
2022 $161,779 $181,676 $161,779 $181,676
2021 $147,415 $159,040 $147,415 $159,040
2020 $139,566 $147,192 $139,566 $147,192
2019 $129,031 $138,313 $129,031 $138,313
2018 $127,007 $127,410 $126,252 $128,254
2017 $125,771 $126,850 $125,771 $128,029
2016 $122,517 $125,058 $121,186 $125,058
2015 $119,002 $122,231 $118,965 $122,231
2014 $124,337 $119,099 $118,301 $124,337
2013 $121,637 $127,835 $117,752 $131,764
2012 $129,449 $125,047 $125,047 $138,677

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 $196,044 USD.

What is the average price per square foot in Wakefield?

According to Walletinvestor the median price per square foot in Wakefield is 109 USD.

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

Yes. The Wakefield home prices may rise from 196,044 USD to 217,954 USD in one year.

Is it profitable to invest in Wakefield homes?

Yes. The long-term profit potential is +11.18% 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 232,700 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 268,904 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 12104. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Sussex, 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 4.276% to 196,044 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.346% in 2021
  • 11.976% in 2022
  • 12.846% in 2023
  • 12.966% in 2024
  • 12.126% in 2025
  • 10.546% in 2026

Based on our Wakefield real estate market research and report the predicted sales prices will increase by 188.487% in the next 10 years.

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

Wakefield (Virginia) 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 204826 187826 221827
September 2025 205813 186467 225159
October 2025 207049 189036 225062
November 2025 208292 187880 228705
December 2025 209543 196132 222954
Wakefield Housing Market Forecast with Real Estate Prices for 2026
January 2026 210801 192040 229562
February 2026 211527 191643 231410
March 2026 212797 197263 228331
April 2026 214075 198447 229702
May 2026 215360 196193 234527
June 2026 216653 198888 234419
July 2026 217954 202480 233429
August 2026 219263 201941 236585
September 2026 220580 203595 237564
October 2026 221904 207037 236772
November 2026 223237 205601 240872
December 2026 224577 207734 241420
Wakefield Housing Market Forecast with Real Estate Prices for 2027
January 2027 225389 204654 246125
February 2027 225174 205134 245215
March 2027 225543 213815 237271
April 2027 225975 205863 246086
May 2027 225537 203885 247188
June 2027 224735 209004 240467
July 2027 224384 203068 245701
August 2027 225731 211962 239501
September 2027 227087 214597 239577
October 2027 228451 214744 242158
November 2027 229822 211437 248208
December 2027 230134 215865 244402
Wakefield Housing Market Forecast with Real Estate Prices for 2028
January 2028 229696 208104 251287
February 2028 228879 210569 247190
March 2028 228199 212453 243944
April 2028 227388 211925 242850
May 2028 227111 211213 243009
June 2028 227808 213912 241705
July 2028 229176 211759 246594
August 2028 230552 213261 247844
September 2028 231937 211758 252115
October 2028 232642 215426 249857
November 2028 233115 214466 251764
December 2028 233483 220175 246792
Wakefield Housing Market Forecast with Real Estate Prices for 2029
January 2029 233155 212404 253906
February 2029 232753 214365 251140
March 2029 231926 214995 248856
April 2029 231102 211227 250976
May 2029 232489 211333 253646
June 2029 232280 209285 255276
July 2029 232700 213386 252014
August 2029 232553 219065 246041
September 2029 232947 210118 255776
October 2029 232470 215732 249208
November 2029 231720 214573 248867
December 2029 232728 212248 253208
Wakefield Housing Market Forecast with Real Estate Prices for 2030
January 2030 233849 216544 251154
February 2030 235253 218315 252191
March 2030 236666 220573 252759
April 2030 238087 223802 252372
May 2030 239517 221074 257959
June 2030 240341 223998 256684
July 2030 241784 221474 262094
August 2030 243236 220372 266100
September 2030 244697 223163 266230
October 2030 246166 229673 262659
November 2030 247644 232538 262750
December 2030 249131 224965 273297
Wakefield Housing Market Forecast with Real Estate Prices for 2031
January 2031 250627 234086 267168
February 2031 252132 229944 274320
March 2031 253646 233608 273684
April 2031 255169 236287 274052
May 2031 256092 236629 275555
June 2031 255848 236148 275548
July 2031 256266 241659 270874
August 2031 256757 242635 270879
September 2031 256259 232684 279835
October 2031 255349 237985 272712
November 2031 254950 237613 272286
December 2031 256481 232115 280846
Wakefield Housing Market Forecast with Real Estate Prices for 2032
January 2032 258021 239701 276340
February 2032 259570 236728 282412
March 2032 261129 247811 274446
April 2032 261482 240041 282924
May 2032 260985 242194 279776
June 2032 260057 245234 274881
July 2032 259284 243727 274841

> 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.