Home values, rents and more in Wakefield, VA
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Wakefield in ProMap- Under $200k
- $200k–$210k
- $210k+
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How Wakefield compares
The typical home in Wakefield, VA is worth about $218,000, according to the Zillow Home Value Index for September 2026. Home values in Wakefield are 44% below the typical value in the Richmond metro area ($392,000) and 41% below the U.S. typical value ($366,000).
Over the past year, home values in Wakefield rose 7.6%, compared with +2.6% in the Richmond metro area and +1.2% nationally.
The median household income is $62,386, against $86,679 in the Richmond metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 1,201 people live in Wakefield (American Community Survey 2020–24).
Wakefield has the 3rd-lowest typical home value of the 31 cities in the Richmond metro area and the 118th-lowest of 382 in Virginia with Zillow figures.
Part of: Sussex County, VA · Richmond metro area · Virginia
More for Wakefield in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Wakefield, VA
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.