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Wakefield-Peace Dale, RI
Full City Profile · Rhode Island · Washington County County
3.7
/5.0
B+
Good
9,812
Population
1,990/sq mi density
$111,200
Median Income
$55,368 per capita
$464,400
Home Value
$660,841 Zillow
$1,196
Median Rent
28.2% income on rent
49°F
Avg Temperature
271 sunny days/yr
64
Violent Crime/100K
1,116 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$111,200 median income, 4.5% unemployment
A
Affordability
4.3 / 5.0
$464,400 home value, $1,196/mo rent
F
Safety
1.0 / 5.0
64 violent crimes/100K
A+
Education
5.0 / 5.0
59.8% bachelor's degree or higher
Housing Overview
Median Home Value
$464,400
65% above
US avg: $281,900
Median Rent
$1,196/mo
3% above
US avg: $1,163/mo
Homeownership Rate
68.1%
4% above US avg (65.4%)
Total Housing Units
4,485
Median year built: 1967
Home Value by Source
Census Median
$464,400
Zillow (ZHVI)
$660,841
Median Sale Price
$655,000
Median List Price
$567,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.1%
Owner-Occupied
31.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,325/mo
1 Bedroom
$1,394/mo
2 Bedroom
$1,727/mo
3 Bedroom
$2,099/mo
4 Bedroom
$2,449/mo
Census median rent:
$1,196/mo
Market Indicators (Redfin)
Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$384
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
68.1%
Complete Housing Data
Home Values
| Census Median Value | $464,400 |
| Zillow Home Value (ZHVI) | $660,841 |
| Median Sale Price | $655,000 |
| Median List Price | $567,450 |
| Price Per Sq Ft | $384 |
Rent
| Census Median Rent | $1,196 |
| FMR Studio | $1,325 |
| FMR 1-Bedroom | $1,394 |
| FMR 2-Bedroom | $1,727 |
| FMR 3-Bedroom | $2,099 |
| FMR 4-Bedroom | $2,449 |
Market
| Days on Market | 36 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 7 |
| Active Inventory | 8 |
| Price Per Sq Ft | $384 |
Ownership & Stock
| Owner-Occupied | 68.1% |
| Renter-Occupied | 31.9% |
| Homeownership Rate | 68.1% |
| Total Housing Units | 4,485 |
| Median Year Built | 1967 |
| Rent Burden | 28.2% |