The story of this market
The typical home in ZIP 01880 sells for about $850,000, or $415 per square foot.
Prices are roughly flat from a year ago (-0.049%), a market in balance. Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,958 a month.
ZIP 01880 — Wakefield
The Wakefield housing market remains stable with high demand and limited inventory, keeping prices elevated despite slight year-over-year fluctuations. Buyers are active, though the market is sensitive to interest rate changes, resulting in a balanced environment for both sellers and buyers.
This ZIP is ideal for families and commuters who prioritize access to Boston via rail while seeking a suburban environment with strong community amenities.
Median prices moved down 0.0% year over year.
Homes spend a median of 19 days on market with 1.1 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 4.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 01880, Middlesex County, MA
Wakefield generally reports low crime rates compared to the broader Massachusetts and national averages, maintaining a reputation as a safe suburban community.
The Wakefield Public Schools district is generally well-regarded, with schools consistently meeting state performance benchmarks.
The area faces standard New England climate risks, including winter storm exposure and localized flood risks near Lake Quannapowitt.
Economic momentum is driven by its proximity to Boston and the I-95/Route 128 technology corridor, with ongoing redevelopment of older commercial sites.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from MBTA Commuter Rail access via the Wakefield and Greenwood stations, providing direct transit to Boston's North Station.
The area is anchored by Lake Quannapowitt, which offers walking trails, boating, and community events, alongside various local parks and downtown shopping.
The rental market is competitive with low vacancy rates, driven by demand from commuters seeking suburban living with transit access.
The local economy is supported by a mix of professional services, healthcare, and retail, with many residents commuting to the nearby Boston tech corridor.
The area is served by the MBTA Commuter Rail Haverhill Line and is positioned near the intersection of I-95 and I-93.
Ongoing efforts focus on the revitalization of the downtown area and the conversion of underutilized commercial properties into mixed-use residential space.
Parcels are subject to standard municipal property taxes and the Wakefield Public Schools district levies.
Property insurance premiums are influenced by regional coastal storm risks and standard New England weather patterns.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Boston Tea Party Ships & Museum4.610.3 mi
- F1 Arcade Boston4.510.4 mi
- Museum of Illusions Boston4.59.8 mi
- Boda Borg Boston4.75.1 mi
- K1 Speed Boston-Wilmington4.25.4 mi
- Fenway Park4.810.8 mi
- TD Garden4.69.3 mi
- Thomas M. Menino Convention & Exhibition Center4.510.8 mi
- MGM Music Hall at Fenway4.410.7 mi
- Hynes Convention Center4.510.6 mi
- Fenway Park4.810.8 mi
- Boston Common4.710.1 mi
- New England Aquarium4.49.8 mi
- Museum of Fine Arts, Boston4.811.2 mi
- Harvard Square4.69.2 mi
- Museum of Fine Arts, Boston4.811.2 mi
- Boston Public Library4.810.5 mi
- Isabella Stewart Gardner Museum4.711.4 mi
- Museum of Science4.79.2 mi
- Boston Tea Party Ships & Museum4.610.3 mi
- Boston Common4.710.1 mi
- Public Garden4.810.2 mi
- Charles River Esplanade4.810.1 mi
- Castle Island4.711.6 mi
- Fan Pier Park4.810.2 mi
- Seaport Landing Marina4.57 mi
- Wamesit Lanes - Family Entertainment Center ( Bowling & Arcade Game Rooms )4.312.8 mi
- Newton Commonwealth Golf Course412 mi
- Fresh Pond Golf Course4.29.4 mi
- Five Iron Golf4.99.8 mi
- Unicorn Golf Course3.82.5 mi
- Encore Boston Harbor4.37.3 mi
- Burlington Mall4.47.6 mi
- Prudential Center Boston4.510.6 mi
- Quincy Market4.59.8 mi
- Faneuil Hall Marketplace4.59.8 mi
- Boston Logan International Airport4.19.8 mi
- Park Shuttle & Fly4.58.1 mi
- The Lounge3.49.6 mi
- DaCoopas Pizza4.18.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central landmark featuring walking paths and recreational space.
Historic district with local restaurants and retail.
Large forested area with hiking trails and swimming areas.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).