Wakefield, KS67487

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$231,000
3.4% YoY Growth
Median Household Income
$65,400
13.6% 5-Year Growth
Days on Market
63
133.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$675
61.4% YoY Growth
1-Bed Rent
$675
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Wakefield, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in Wakefield, KS is 63. This is a increase of 133.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$293,00084.0%
Listing Count
8257.0%
Listings as % of Homes0.6%257.0%
Days on Market
63133.0%
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Demographics — Wakefield, KS

As of the latest ACS Survey released in 2023, Wakefield, KS has a population of 1,500, which has increased by 8.8% over the past 5 years. Wakefield, KS is a popular place for families, as children make up 29.6% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,5008.8%
% Under 18
29.6%29.8%
% Seniors
14.8%-16.4%
% WFH
9.2%22.7%
% w/ College Degree
19.4%-21.8%
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As of the latest ACS Survey released in 2023, Wakefield, KS is a predominantly white area, with 81.9% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Wakefield, KS is hispanic, making up 7.5% of the population. Foreign-born residents account for 1.1% of the population in Wakefield, KS, and this percentage has decreased by 64.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
81.9%-8.3%
% Black
0.5%∞%
% Hispanic
7.5%108.3%
% Asian
1.6%77.8%
% Foreign Born
1.1%-64.5%
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Mortgage and Risk — Wakefield, KS

According to HUD data as of 2023, there were 31 mortgage originations in Wakefield, KS, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 90.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Wakefield, KS. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
31
% Conventional Loans
42.0%
% Government Loans
58.0%
% Investor Loans
6.0%
% Second Loans
0.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Wakefield, KS

Wakefield, KS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$85$675$760
2 BedroomN/AN/A$1,000
3 BedroomN/AN/A$1,350
4 BedroomN/AN/A$1,490

Affordability — Wakefield, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$231,000
Median Household Income$65,400

Wakefield, KS — ZIP Code Boundary Map

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Frequently Asked Questions