Properties for Sale in Wakefield, Rhode Island, United States

Real estate in Wakefield

The Rhode Island district in the northeastern United States is a magnet for many domestic and international homebuyers and real estate investors. In particular, Wakefield, a beautiful village in the South Kingstown town, should be high on your list if you're seeking a dream home or an apartment for sale in a picturesque location with stunning beaches. Wakefield, set on the Saugatucket River and dotted with historic colonial houses, is often referred to as the "Colonial Village" due to its enchanting architecture and landscape. Before contacting local real estate agents, it is advisable to explore the property market in Wakefield, RI. Identify the type of properties that are on the market for sale, and understand the costs of acquiring a vacation home in such a unique location. Wakefield offers a diversity of real estates ranging from contemporary apartments to traditional colonial houses. This serene village offers an alluring mix of relaxation and adventure, making it the perfect destination for permanent residence or a holiday retreat.

Wakefield properties: Market trends overview

The real estate market of Wakefield, Rhode Island, has witnessed consistent price appreciation, making it increasingly appealing to international investors and buyers, predominantly from Canada, the UK, China, and Mexico. Wakefield's strategic coastal location in the United States allows for a blend of a relaxed lifestyle and an energetic vacation due to various recreational centers, golf courses, and easy accessibility to the lively city of Providence. Wakefield's real estate market in recent years has reflected its rich history, charming coastal ambiance, and high standard of living. Local authorities have stepped up their efforts to further enhance the town's development, offering a wide variety of property options for both domestic and foreign home buyers. These range from modern and practical townhouses and apartments to contemporary-style villas, traditional cottages, and penthouses. Discovering property and apartments for sale in Wakefield, Rhode Island, suitable for any budget and lifestyle preference, is straightforward, making this picturesque coastal town increasingly inviting for foreign buyers.

Average price of a property for sale in Wakefield

What might be the cost you should anticipate for properties in Wakefield, Rhode Island? This isn't something that can be definitively stated due to the numerous variables that influence the cost, including the nature of the property, its closeness to the city center and coastlines, facilities available, and individual preferences such as size, ease of access, and luxurious features. As indicated by recent data, the maximum asking price for real estate up for sale in Wakefield was approximately $315 per square foot. The costliest properties are typically located in the Wakefield-Peacedale area. The lowest prices, with a median price per square foot of $275, can be found in the Kingston area. The median asking price for a home in Wakefield currently sits around $460,200. These prices can fluctuate based on market trends, economic factors, and the unique features of each property.

Types of properties can you find in Wakefield

Wakefield, Rhode Island, United States, boasts a variety of real estate options, encompassing everything from modern townhouses, lavish condominiums, waterfront mansions, to quaint, classic New England cottages. Some of the most desirable properties are nestled within private, secure residential neighborhoods. Here, potential homebuyers can find 3-4 bedroom townhouses with spacious balconies or stand-alone homes with expansive lawns, with each floor featuring its own entryway and a fully equipped kitchen. Those looking for a truly remarkable living experience could consider a newly built mansion, perfectly situated in Wakefield, overlooking the picturesque Narragansett Bay, a close walk away from the beach, and offers an unmatched lifestyle. Whether it's the charm of historic architecture or the allure of contemporary design, Wakefield's real estate portfolio offers something for everyone.