Wakefield, NE—68784
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wakefield, NE
As of Oct '25, the median home price in Wakefield, NE is $191,000, with a year-over-year change of -0.8%. This indicates that home prices in Wakefield, NE are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | -0.8% |
| Single Family | $191,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $255,000 | 3.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wakefield, NE
Wakefield, NE lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wakefield, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Wakefield, NE is 56. This is a increase of 14.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $385,000 | 79.0% |
Listing Count | 3 | -53.0% |
| Listings as % of Homes | 0.3% | -53.0% |
Days on Market | 56 | 14.0% |
Demographics — Wakefield, NE
As of the latest ACS Survey released in 2023, Wakefield, NE has a population of 1,680, which has decreased by -14.9% over the past 5 years. Wakefield, NE is a popular place for families, as children make up 31.3% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,680 | -14.9% |
% Under 18 | 31.3% | 10.6% |
% Seniors | 16.2% | 1.9% |
% WFH | 9.1% | 97.8% |
% w/ College Degree | 24.7% | 20.5% |
As of the latest ACS Survey released in 2023, Wakefield, NE is a predominantly white area, with 54.5% of the population identifying as white. The white population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in Wakefield, NE is hispanic, making up 44.5% of the population. Foreign-born residents account for 22.1% of the population in Wakefield, NE, and this percentage has increased by 2.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.5% | -12.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 44.5% | 23.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 22.1% | 2.8% |
Mortgage and Risk — Wakefield, NE
According to HUD data as of 2023, there were 29 mortgage originations in Wakefield, NE, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Wakefield, NE. Investor activity is high, as 28.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 28.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Wakefield, NE
Wakefield, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,110 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Wakefield, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $191,000 |
| Median Household Income | $59,500 |