After a dip in home prices from 2009 to 2010, the median price of a single-family home in Wakefield, Massachusetts increased every year through 2013, according to data provided by MLS Property Information Network, Inc. (MLS PIN).
In 2009, the median price of a single family home in Wakefield, MA was $389,900; however, in 2010, the price dropped to $372,000, then increased at an average of 3.8 percent per year. The biggest spike in price occurred in 2013, when the median price of a single-family home increased by 6.3 percent. In 2013, the median price was $416,000, a cumulative 11.8 percent increase since the price drop in 2010. Median prices for each year were as follows: