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Is Wakefield, KS 67487 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wakefield is a seller’s market. With about 1.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$126▼ −19.6% vs. last year

The Wakefield housing market right now

In the three months ending August 31, 2026, 0% of homes in Wakefield, KS 67487 sold above their list price, the typical home went under contract in 65 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (67 days then) and the median sale price fell 32% to $209,809. Overall, Wakefield is about as competitive as it was a year ago.

Nearby, Clay Center 67432 (10% sold over asking) is even more competitive.

Run the numbers for 67487

Prefilled for 67487Can I win this house?Multiple-offer likelihood for a listing Prefilled for 67487Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clay Center 67432Seller’s market $96 /sq ftGreen 67447 — /sq ftLongford 67458 $110 /sq ftMorganville 67468 — /sq ft Browse all markets →

Towns like Wakefield nearby

Find towns like Wakefield in other states →
Solomon, KS67480 · 28 miles away86% similar9 min shorter commute Riley, KS66531 · 12 miles away84% similar7 min shorter commute Chapman, KS67431 · 17 miles away75% similar11 min shorter commute Bennington, KS67422 · 34 miles away74% similarpricier homes ($35K more) · 9 min shorter commute

Where Wakefield is

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Questions about Wakefield real estate

Is Wakefield a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Wakefield, KS 67487 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Wakefield?

The typical home went under contract in 65 days in the latest three months.

Do homes in Wakefield sell over asking?

0% of homes sold above their original list price.

What are property taxes in Wakefield?

About 1.32% of a home’s value a year in Clay County, or roughly $5,280 on a $400,000 home.

What is the median home price in Wakefield?

The median sale price was $209,809 in the three months ending August 31, 2026, about $126 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology