House Prices

House Prices & Home Values Wakefield, RI 2026


Average Data

average house price$676,134
average size per house2622 ft²
average price per ft²258 $ / ft²

01/24/2026 - The value range (VR) for house prices in Wakefield, RI is $194/ sqft to $194/ sqft. An average home with 2622 sqft costs approximately $508,668 to $508,668. Wakefield, RI includes 1 ZIP codes and it is located in Washington county. The lowest prices are found in ZIP 02879, while the highest are in ZIP 02879. The average price per sqare feet is $258. Our analysis is based on 48 property listings.

Avergage prices by ZIP codes Wakefield

02879188 $ / ft²


House prices by neighborhoods in Wakefield

Cards Pond191 $ / ft²
East Matunuck202 $ / ft²
Green Hill198 $ / ft²
Green Hill Beach209 $ / ft²
Indian Lake Shores212 $ / ft²
Matunuck201 $ / ft²
Middlebridge193 $ / ft²
Moonstone181 $ / ft²
Peace Dale208 $ / ft²
Perryville180 $ / ft²
Roy Carpenters Beach201 $ / ft²
Snug Harbor182 $ / ft²
Tefft Hill208 $ / ft²
Tuckertown188 $ / ft²
Worden Pond197 $ / ft²




Historical development of home values in Wakefield

Year Estimated value (USD) Change vs. 2025
2010 $314,009 -53.6%
2011 $301,866 -55.4%
2012 $301,053 -55.5%
2013 $312,306 -53.8%
2014 $327,835 -51.5%
2015 $344,661 -49.0%
2016 $362,648 -46.4%
2017 $382,221 -43.5%
2018 $403,352 -40.3%
2019 $422,055 -37.6%
2020 $443,873 -34.4%
2021 $504,858 -25.3%
2022 $588,551 -13.0%
2023 $620,655 -8.2%
2024 $656,560 -2.9%
2025 $676,134 0.0%

Graph: estimated home values in Wakefield over time (USD)



Example: 100% financing house in Wakefield

Loan amount: $676,134

Interest rate: 6.00%

Fixed monthly payment: $4,053.76

Breakdown in the 1st month:
Interest portion: $3,380.67  –  Principal portion: $673.09

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $40,342.17 $8,303.00 $667,831.00
2 $39,830.06 $8,815.12 $659,015.88
3 $39,286.37 $9,358.81 $649,657.07
4 $38,709.14 $9,936.04 $639,721.02
5 $38,096.30 $10,548.88 $629,172.14
6 $37,445.67 $11,199.51 $617,972.64
7 $36,754.91 $11,890.27 $606,082.37
8 $36,021.54 $12,623.64 $593,458.73
9 $35,242.94 $13,402.23 $580,056.49
10 $34,416.32 $14,228.86 $565,827.64
11 $33,538.72 $15,106.46 $550,721.18
12 $32,606.99 $16,038.19 $534,682.99
13 $31,617.79 $17,027.39 $517,655.59
14 $30,567.57 $18,077.61 $499,577.99
15 $29,452.59 $19,192.59 $480,385.39
16 $28,268.83 $20,376.35 $460,009.04
17 $27,012.06 $21,633.12 $438,375.92
18 $25,677.78 $22,967.40 $415,408.52
19 $24,261.20 $24,383.98 $391,024.54
20 $22,757.25 $25,887.93 $365,136.61
21 $21,160.54 $27,484.64 $337,651.96
22 $19,465.34 $29,179.84 $308,472.13
23 $17,665.59 $30,979.58 $277,492.54
24 $15,754.84 $32,890.34 $244,602.21
25 $13,726.24 $34,918.94 $209,683.27
26 $11,572.51 $37,072.67 $172,610.60
27 $9,285.95 $39,359.23 $133,251.37
28 $6,858.36 $41,786.82 $91,464.56
29 $4,281.04 $44,364.14 $47,100.42
30 $1,544.76 $47,100.42 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Wakefield, RI


1500 sqft3900 sqft
Ø selling price$468,271$996,139
Ø fast selling$425,701$896,525
Ø high price sale$510,841$1,095,752

In 2026, houses in Wakefield, RI will be offered at an average price of $258 per square foot. A 1,500 sqft home priced at $468,271 is 22.29% more expensive per square foot than a 3,900 sqft home priced at $996,139. Home prices in Wakefield, RI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $689,634. Sellers who can wait longer may achieve a higher price of up to $842,887.


Wakefield, RI: Historic Village in South Kingstown

Location & Overview

Located in South Kingstown, Wakefield, Rhode Island sits along the scenic Saugatucket River and serves as a lively hub for South County.
Its walkable Main Street blends 19th-century architecture with modern shopping, dining, and arts.

Things to Do & Attractions

Explore local boutiques, galleries, and the Contemporary Theater Company while savoring chef-driven restaurants and cozy cafes.

Outdoor enthusiasts enjoy the William C. O?Neill Bike Path and easy access to Narragansett beaches just minutes away.

Seasonal events, live music, and the Wakefield Farmers Market highlight community spirit and authentic South County flavor.

Lifestyle & Real Estate

Wakefield offers a balanced lifestyle with family-friendly neighborhoods, river views, and convenient amenities for year-round living.

Proximity to the University of Rhode Island and major routes supports a diverse local economy and vibrant small-business scene.

Real estate ranges from classic New England cottages to modern condos, attracting first-time buyers, retirees, and vacation homeowners.

Travel Tips

Parking is available along Main Street with additional nearby lots, and the village sits minutes from Route 1 for easy travel.

For the best experience, plan a sunset stroll by the river, then enjoy nightlife and special events hosted by local businesses.



FAQ – Home Values in Wakefield

What is the median home value in Wakefield in 2026?

In 2026, the typical home value in Wakefield is about $676,134 for an average home size of 2622 square feet. This corresponds to an average price of roughly $258 per square foot.

What is the average cost per square foot in Wakefield?

In 2026, homes in Wakefield sell for an average of around $258 per square foot, with a typical range between $194 and $194 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Wakefield is about 2622 square feet, with an estimated 2026 value around $676,134.



Locations close to Wakefield, RI

Kingston, RI189 $ / ft²
Narragansett, RI342 $ / ft²
Warren, RI198 $ / ft²
Tiverton, RI237 $ / ft²
Slatersville, RI239 $ / ft²
Shannock, RI170 $ / ft²
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