Wakefield 2025 Market Update
Wakefield Property Market 2026, a year in summary.
As we said goodbye to 2025, Wakefield’s property market tells a reassuring story. After the volatility of recent years, this has been a year of balance, steady growth, and renewed confidence, rather than any extreme swings either way.
If we delve into the numbers for 2025, across the year, just under 6,000 new homes came to market, slightly fewer than in 2024, but crucially, over 4,000 properties went under offer, actually more than 2024
On pricing, Wakefield continued to move forward at a healthy, sustainable pace.
Average asking prices rose by around 3.3%, while prices achieved on agreed sales grew by nearly 4%. That alignment matters, because it shows sellers were hoping and achieving higher prices and buyers were willing and able to pay them across the board.
Zoom out over five years and the picture is even clearer. Since 2021, average prices are up over 20%, roughly 4% per year, which is exactly what a stable market should look like. No boom and bust, but steady progress in the right direction for Wakefield home owners.
Another key metric was houses for sale. At around 2,500 homes available at any one time, buyers had real choice, far more than during the pandemic years in 2021, but not so much that the market felt oversupplied. That balance allowed buyers to take their time and sellers to still achieve fair prices.
We did still see price reductions and withdrawals, but fewer in 2025 compared to 2024 which you could put down the market learning and finding its feet. Ultimately, Homes priced correctly sold. Homes priced to optimistically had to adjust and those that did so earlier, had a greater chance of successfully selling. The message was consistent all year: pricing right from day one mattered more than ever.
Location-wise, demand stayed strong across the district.
Premium areas like Sandal, Walton and the northern villages continued to attract family buyers, while places like Normanton, Featherstone and parts of East Wakefield remained vital entry points for first-time buyers. That diversity of buyers is one of Wakefield’s greatest strengths, especially as it continues to feel the benefit of strong markets such as Leeds.
So as we move through 2026 we expect, Wakefield’s property market to feel resilient, with an overall positive sentiment in a fairly balanced market. Nothing spectacular to note, but a solid market nonetheless and in property, that’s exactly what creates long-term confidence.
If you’re thinking about buying, selling, or just want to understand what this means for your Wakefield home then either myself or our Partner Agent Rachel Smith will be happy to assist.
