Wakefield MI Multi Family for Sale

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Wakefield Real Estate

The median home value in Wakefield, MI is $83,750. This is higher than the county median home value of $74,800. The national median home value is $219,700. The average price of homes sold in Wakefield, MI is $83,750. Approximately 60.46% of Wakefield homes are owned, compared to 17.99% rented, while 21.56% are vacant. Wakefield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wakefield real estate agent to arrange a tour today!

Wakefield, Michigan has a population of 1,667. Wakefield is less family-centric than the surrounding county with 18.2% of the households containing married families with children. The county average for households married with children is 18.36%.

The median household income in Wakefield, Michigan is $38,919. The median household income for the surrounding county is $36,689 compared to the national median of $57,652. The median age of people living in Wakefield is 49.9 years.

Wakefield Weather

The average high temperature in July is 76.1 degrees, with an average low temperature in January of 2.9 degrees. The average rainfall is approximately 34.4 inches per year, with 188.2 inches of snow per year.

Wakefield Real Estate Market Conditions

  • Median sales price

    $83,750
    8.86% change since last quarter
  • # Active listings

    23
    30-day change

Wakefield Schools and Demographics

Education near Wakefield, MI

Metric City County
High School Graduates 92.04 92.32
College Degree - 2 year 12.56 10.16
College Degree - 4 year 14.93 18.38
Graduate Degree 4.44 4.78
Expenditures per Student 11,125 10,618
Students per Teacher 14.1 15.7

Elementary Schools near Wakefield, MI

School Grades Students P/T Ratio ZIP
Norrie Elementary School 03 - 06 198 15.3 49938
Sleight Elementary School PK - 02 190 11.3 49938
Washington School KG - 06 215 14.2 49911

High Schools near Wakefield, MI

School Grades Students P/T Ratio ZIP
A.D. Johnston Junior/Senior High School 07 - 12 209 19.3 49911
Luther L. Wright High School 07 - 12 358 13.9 49938

Ungraded Schools near Wakefield, MI

School Grades Students P/T Ratio ZIP
* Gogebic County Community Education 09 - 12 55 31.4 49911
Wakefield-Marenisco School PK - 12 288 15.2 49968

Demographics near Wakefield, MI

Metric City County
Neighborhood Type Small Town
Population 1,667 15,577
Population Density 212 14
Median Age 49.9 48.7
People per Household 2.1 2.1
Median Household Income 38,919 36,689
Average Income per Capita 23,308 22,297