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Wakefield, NE—68784

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$199,000
5.2% YoY Growth
Household Income
$59,500
10.0% YoY Growth
Days on Market
36
24.0% Shorter YoY
Home Price Forecast
0.5%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Wakefield, NE

As of May '26, the median home price in Wakefield, NE is $199,000, with a year-over-year change of 5.2%. This indicates that home prices in Wakefield, NE are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$199,0005.2%
Single Family $199,0005.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$267,0005.5%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    6.2%
    2 Bedrooms
    35.7%
    3 Bedrooms
    30.4%
    4 Bedrooms
    24.9%
    5+ Bedrooms
    2.5%

    Rental Trends — Wakefield, NE

    Wakefield, NE lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    12.5%
    2 Bedrooms
    52.1%
    3 Bedrooms
    9.9%
    4 Bedrooms
    25.5%

    Property Listings — Wakefield, NE

    As of May '26, Realtor.com reports that the median days on market for a home in Wakefield, NE is 36. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$300,00035.0%
    Listing Count
    		443.0%
    Listings as % of Homes0.3%43.0%
    Days on Market
    		36-24.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$710
    2 BedroomN/AN/A$910
    3 BedroomN/AN/A$1,110
    4 BedroomN/AN/A$1,260

    Affordability — Wakefield, NE

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$199,000
    Median Household Income$59,500

    Wakefield, NE — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Concord, NE

    68728

    Wayne, NE

    68787

    Emerson, NE

    68733

    Allen, NE

    68710

    Waterbury, NE

    68785

    Frequently Asked Questions