WAKEFIELD — Last month, the single-family homes sold here fetched a median price of $820,000, an almost 11 percent increase from a year ago.
According to the latest report from The Warren Group, a leading provider of national real estate and transaction data, 13 single-families sold in Wakefield in September. In September 2024, nine single-family homes sold in town for a median price of $740,000.
Through the first nine months of 2025, 134 single-family homes were sold in Wakefield for a median price of $847,500. For the same period last year, 129 single-families were bought for a median price of $830,000.
Statewide, The Warren Group reports that the median single-family home price was $625,000 in September 2025, an increase of 4.2 percent over September 2024.
There were 3,769 single-family home sales in Massachusetts in September, an 8 percent increase from September 2024 when there were 3,489 transactions. Meanwhile, the median single-family home price increased 4.2 percent on a year-over-year basis to $625,000.
There were 31,980 single-family home sales in the first nine months of 2025, a 3 percent increase from 2024. The median single-family home sale price increased 3 percent on the same basis to $640,000.
“The September housing market showed continued signs of shifting dynamics,” said Cassidy Norton, associate publisher and Media Relations director of The Warren Group. “A recent mortgage rate cut, increased inventory, and the approaching end of the year are all contributing to a slower, more thoughtful market. Anticipated additional rate cuts will continue the trend.”
Condominiums
There were 1,610 condominium sales in September 2025, compared to 1,478 in September 2024 – a 8.9 percent increase. Meanwhile, the median condo sale price decreased 2.2 percent on a year over-year basis to $503,450, down from $515,000 in September 2024.
There were 14,756 condominium sales in the first nine months of 2025, a 4 percent increase from 2024, in which there were 14,180. Meanwhile, the year-to-date median sale price was unchanged from 2024 at $540,000.
“A significant increase in condo inventory earlier this year contributed to a surge in sales and helped keep prices down,” Norton continued. “Lower interest rates on mortgages also contributed to the increase in sales.”
In Wakefield, the 13 condos sold last month fetched a median price of $625,000. In September 2024, four sold for a median price of $744,500.
From January 1 to the end of September this year, 100 condos have been sold in Wakefield for a median price of $599,000. During the same period in 2024, 48 condos had sold for a median price of $560,250.
Greater Boston single-family homes
There were 1,721 single-family home sales in the Greater Boston housing market in September 2025, which marked a 3.1 percent increase from September 2024, when there were 1,670 transactions. Meanwhile, the median single-family sale price increased 5.3 percent on a year-over year basis to $769,000. Year-to-date, there were 15,684 single-family home sales in the Greater Boston housing market in 2025 – up 2.9 percent from 2024 – with a median sale price of $803,413 – up 4.3 percent from 2024.
Greater Boston condominiums
There were 1,105 condo sales in the Greater Boston housing market in September, up from 1,019 sales in September 2024, marking an 8.4 percent increase. Meanwhile, the median condo price decreased 3.3 percent on the same basis to $580,000, down from $600,000 a year earlier. Year-to date, there were 10,708 condo sales in the Greater Boston housing market in 2025 – up 3.3 percent from 2024 – with a median sale price of $620,000 – down 0.9 percent from 2024.
