Wakefield Housing Information - Census

IndexWakefieldMichiganNational
Median home price$57,300$127,800$184,700
Median rent asked$494$799$949
Avg. people per household2.02.52.6
Owner occupied households79.4%70.8%63.6%
Renter occupied households20.6%29.2%36.4%

Wakefield Housing Information - Zillow

IndexWakefieldMichiganNational
Zillow home value indexn/a$138,747$213,146
Year over year appreciation raten/a6.77%8.00%
5 year average appreciation raten/a9.24%6.57%
10 year average appreciation raten/a2.11%1.33%

Did you know?

  • The median home price in Wakefield is 69% lower than the national average.
  • The median rent asked in Wakefield is 48% lower than the national average.
  • The average number of people per household in Wakefield is 23% lower than the national average.
  • The number of owner occupied households in Wakefield is 25% higher than the national average.
  • The number of renter occupied households in Wakefield is 43% lower than the national average.

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Compare Wakefield, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Bessemer, MI1,921$48,10074%
Ironwood, MI5,089$54,10071%
Hurley, WI1,480$63,50066%
Marenisco, MI178$71,70061%
Montreal, WI747$79,60057%
Wakefield, MI1,731$57,30069%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Ackerman, MS1,731$84,20054%
Rehobeth, AL1,732$134,50027%
Mokuleia, HI1,730$567,900207%
Avon, PA1,732$146,90020%
Neuse Forest, NC1,730$202,2009%
Wakefield, MI1,731$57,30069%
Source: The Wakefield, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.