Comprehensive market data and analysis• Updated Dec 2025
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 5 |
Acreage buckets
The median price for land in Wakefield, Rhode Island is currently $1.3M per acre. For a typical parcel, the median sale price is $425K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $267K while premium lots reached $478K.
Wakefield, Rhode Island is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Wakefield, Rhode Island currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 4 active listings in Wakefield, Rhode Island. 2 new listings have hit the market in the last 90 days. The median asking price is $417K.
Land in Wakefield, Rhode Island typically sells within 71 days of listing. The median time on market is 98 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Wakefield, Rhode Island saw 5 properties sold, totaling $1.9M in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Wakefield, Rhode Island averages $927K per acre. The median price per acre is $1.3M, which may be more representative of typical transactions. Most parcels sold are around 17,250 sq ft.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
