House Prices

House Prices & Home Values Wakefield, VA 2026


Average Data

average house price$301,800
average size per house2600 ft²
average price per ft²117 $ / ft²

04/21/2026 - The value range (VR) for house prices in Wakefield, VA is $193/ sqft to $193/ sqft. An average home with 2600 sqft costs approximately $501,800 to $501,800. Wakefield, VA includes 1 ZIP codes and it is located in Sussex county. The lowest prices are found in ZIP 23888, while the highest are in ZIP 23888. The average price per sqare feet is $117. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Wakefield

23888176 $ / ft²




Historical development of home values in Wakefield

Year Estimated value (USD) Change vs. 2025
2010 $140,161 -53.6%
2011 $134,741 -55.4%
2012 $134,379 -55.5%
2013 $139,401 -53.8%
2014 $146,333 -51.5%
2015 $153,843 -49.0%
2016 $161,872 -46.4%
2017 $170,609 -43.5%
2018 $180,041 -40.3%
2019 $188,389 -37.6%
2020 $198,128 -34.4%
2021 $225,349 -25.3%
2022 $262,706 -13.0%
2023 $277,036 -8.2%
2024 $293,063 -2.9%
2025 $301,800 0.0%

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



Example: 100% financing house in Wakefield

Loan amount: $301,800

Interest rate: 6.00%

Fixed monthly payment: $1,809.44

Breakdown in the 1st month:
Interest portion: $1,509.00  –  Principal portion: $300.44

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,007.18 $3,706.14 $298,093.86
2 $17,778.60 $3,934.73 $294,159.13
3 $17,535.91 $4,177.41 $289,981.72
4 $17,278.26 $4,435.06 $285,546.66
5 $17,004.71 $4,708.61 $280,838.05
6 $16,714.30 $4,999.03 $275,839.02
7 $16,405.97 $5,307.36 $270,531.67
8 $16,078.62 $5,634.70 $264,896.96
9 $15,731.08 $5,982.24 $258,914.73
10 $15,362.11 $6,351.21 $252,563.52
11 $14,970.38 $6,742.94 $245,820.58
12 $14,554.49 $7,158.83 $238,661.75
13 $14,112.95 $7,600.37 $231,061.38
14 $13,644.18 $8,069.14 $222,992.24
15 $13,146.49 $8,566.83 $214,425.41
16 $12,618.11 $9,095.21 $205,330.20
17 $12,057.14 $9,656.19 $195,674.01
18 $11,461.56 $10,251.76 $185,422.26
19 $10,829.26 $10,884.06 $174,538.19
20 $10,157.95 $11,555.37 $162,982.82
21 $9,445.24 $12,268.08 $150,714.74
22 $8,688.57 $13,024.75 $137,690.00
23 $7,885.24 $13,828.09 $123,861.91
24 $7,032.35 $14,680.97 $109,180.94
25 $6,126.86 $15,586.46 $93,594.48
26 $5,165.52 $16,547.80 $77,046.68
27 $4,144.89 $17,568.43 $59,478.25
28 $3,061.31 $18,652.01 $40,826.23
29 $1,910.89 $19,802.43 $21,023.80
30 $689.52 $21,023.80 $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, VA


1500 sqft3900 sqft
Ø selling price$212,356$451,738
Ø fast selling$193,051$406,564
Ø high price sale$231,661$496,911

In 2026, houses in Wakefield, VA will be offered at an average price of $117 per square foot. A 1,500 sqft home priced at $212,356 is 20.91% more expensive per square foot than a 3,900 sqft home priced at $451,738. Home prices in Wakefield, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $312,741. Sellers who can wait longer may achieve a higher price of up to $382,240.


Discover Wakefield, VA

Overview

Wakefield, VA is a small town in Sussex County along U.S. Route 460, known for peanuts and a friendly, unhurried pace.
Virginia State Route 31 links Wakefield to Surry and the Jamestown-Scotland Ferry, making it a convenient base for coastal and historic day trips.

Food & Local Flavor

Top things to do in Wakefield, VA include a stop at the iconic Virginia Diner, which serves classic Southern fare and showcases the region?s famous Virginia peanuts.
Visitors also stop by the Wakefield Peanut Company for gourmet nuts, gifts, and ship-to-home treats.

Outdoors & Weather

Outdoor enthusiasts head to the nearby Airfield 4-H Conference Center for trails, paddling, and birding around Airfield Mill Pond.
Wakefield is home to the National Weather Service forecast office (NWS Wakefield), which monitors conditions for eastern Virginia and the Chesapeake region.

Community & Traditions

Annual traditions like the Shad Planking political gathering have long tied Wakefield to statewide civic life.
Families appreciate the small-town schools, local churches, and community events that foster strong ties.

Living & Relocation

Real estate in Wakefield, VA ranges from in-town cottages to rural homes, appealing to buyers seeking space and value.
Whether you?re planning a road trip meal, a nature weekend, or a quiet move, Wakefield, Virginia offers authentic Tidewater charm and accessibility.



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 $301,800 for an average home size of 2600 square feet. This corresponds to an average price of roughly $117 per square foot.

What is the average cost per square foot in Wakefield?

In 2026, homes in Wakefield sell for an average of around $117 per square foot, with a typical range between $193 and $193 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 2600 square feet, with an estimated 2026 value around $301,800.



Locations close to Wakefield, VA

Warfield, VA105 $ / ft²
Waverly, VA87 $ / ft²
White Plains, VA99 $ / ft²
Valentines, VA182 $ / ft²
Sutherland, VA185 $ / ft²
Sussex, VA201 $ / ft²
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