Sherwood & Company · North Shore

Wakefield.

North Shore · Massachusetts

Overview

Welcome to
Wakefield.

Ask anyone who lives here what sold them on Wakefield and the answer usually starts at the water. The town wraps around Lake Quannapowitt, and the roughly three-mile loop along its shore doubles as the community's front porch — walkers and runners circle it in every season, sailboats tack across it on summer evenings, and the bandstand on the town common fills with concert crowds and Fourth of July festivities. A block away, downtown Main Street keeps a genuine small-town rhythm, with locally owned restaurants and shops within an easy stroll of the common.

The housing mix rewards buyers at several price points. Streets near the lake and common carry gracious Victorians and center-entrance colonials, the West Side offers classic family neighborhoods, and Greenwood — the village at the town's south end with its own commuter rail stop — has a tight-knit feel all its own. Capes, ranches, and newer condominiums round things out, and a wave of recent apartment construction near the lake and the highway corridor has brought fresh inventory and new neighbors to town.

Commuters have real options. The MBTA Haverhill Line stops twice in town — at Wakefield station near the center and at Greenwood — with service into Boston's North Station in roughly half an hour. Drivers pick up I-95/Route 128 along the town's northwestern edge, Route 129 runs through as Main Street, and MBTA buses 136 and 137 connect the square to the Orange Line at Oak Grove and Malden Center.

1638
Year settled
27,090
Residents · 2020 Census
7.9 sq mi
Of neighborhoods, coast & green space
$11.74
FY2026 tax rate per $1,000 assessed

Wakefield, MA 01880 · Sherwood & Company at Compass

Points of Interest

What locals
love here.

Lake Quannapowitt — the town's centerpiece, ringed by a roughly three-mile walking and running loop that draws crowds year-round
Wakefield Town Common and bandstand at the lake's southern edge, home to summer concerts and Fourth of July celebrations
Quannapowitt Yacht Club, founded in 1886 and recognized as the oldest inland yacht club in the country
Lucius Beebe Memorial Library, the town's stately downtown library
Hartshorne House, a house museum near the lake dating to the 1680s
Downtown Main Street's restaurants, cafes, and shops, steps from the common
Crystal Lake, the town's second lake and a protected drinking-water reservoir
Breakheart Reservation, with wooded hiking trails accessible from the Wakefield/Saugus line
Wakefield, Massachusetts
Wakefield

Market Snapshot

The Wakefield market,
read in seconds.

Live · MLS via Lofty · 38 active now As of September 18, 2026

Figures cover Lofty (MLS-sourced) · Wakefield, MA · Single Family Homes, refreshed automatically from MLS data.

Median Sale Price
$849,500
-0.1% year over year
Price / Sq Ft
$437
-3.3% year over year
Median Days on Market
48 days
+3 days year over year
Homes Sold · 12 mo
172
+18.6% year over year

See the full live market snapshot ↗

About these numbers

Figures cover single-family homes in Wakefield, MA, sourced from MLS data via the Lofty API. Median sale price, price per square foot, and homes sold reflect the trailing 12 months; year-over-year compares that window to the 12 months before it. Median days on market is computed from each sale's list-to-close date, not Lofty's raw "days on site" field, which tracks total listing lifetime rather than time to sale. Ask us for a current, address-specific valuation.

Schools

Learning in
Wakefield.

Wakefield Public Schools begins with the Doyle Early Childhood Center, then moves students through four neighborhood elementary schools — Dolbeare, Greenwood, Walton, and Woodville — before uniting them at Galvin Middle School and Wakefield Memorial High School. The town is also home to Northeast Metro Tech (Northeast Metropolitan Regional Vocational High School), the vocational district serving a dozen area communities, which welcomes students into its newly built campus for the 2026–27 school year.

A Short History

Settled in 1638 and long part of Reading, the community south of the lake broke away in 1812 as the town of South Reading. The railroad's arrival in the 1840s brought industry — ice harvesting on the lake and, most famously, the rattan furniture empire of Cyrus Wakefield, whose gift of land and money for a new town hall inspired residents to rename the town in his honor in 1868. That blend of 19th-century prosperity and civic pride still shows in the architecture around the common and downtown.

Location

Getting here,
getting around.

Wakefield sits in eastern Middlesex County about 12 miles north of downtown Boston, tucked just inside the I-95/Route 128 belt. Reading borders the town to the northwest, Lynnfield to the northeast, Saugus to the southeast, Melrose to the south, and Stoneham to the southwest.

GIS Map ↗Town Website ↗Public Schools ↗

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Wakefield.

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Sherwood & Company · Team @ Compass · Sherwood & Company at Compass

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