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VA area data

Wakefield, VA

Wakefield, VA.

Population: 2,528 (Census ACS)

Home values & appreciation

Median home value
$215,329
1-year appreciation
+6.5%
3-year appreciation
+5.6%
5-year appreciation
+34.4%
10-year appreciation
+70.5%
All-time peak (2026-06)
$215,367
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$405,000
Median list price
$246,250
Median days on market
108 days
Sale-to-list ratio
97.9%
Active listings
5

Rents

2-bedroom fair-market rent (HUD reference)
$1,190/mo
3BR fair-market rent
$1,520/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
62.0°F
Average high
71.0°F
Average low
52.0°F
Annual precipitation
43.9 in
Annual snowfall
0.4 in

Walkability & transit

Walkability index
1.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
8
Nearest national park
Historic Jamestowne Part of Colonial National Historical Park (22 mi)
Nearest airport
Wakefield Municipal Airport (3 mi)
Nearest major airport
Felker Army Air Field (FAF) (24 mi)
Hospitals nearby (~15 mi)
9
Avg hospital rating
2.8 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
-11 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$1,079
Mean commute to work
36 min
Households with broadband internet
55.0%

Employment & development

Total county employment
2,258
Average weekly wage
$981
Top industries (by employment)
Administrative Services, Wholesale Trade, Construction
Annual residential building permits (county)
29

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents