Why Live in Wakefield
Wakefield, a residential neighborhood in Little Rock, is known for its natural charm and affordability. The area features green spaces with lakes and creeks, making it appealing for both first-time homebuyers and investors. The neighborhood is conveniently located, with Downtown Little Rock just 10 to 15 minutes away and the Outlets of Little Rock a mere 5-minute drive. Wakefield is characterized by brick ranch homes from the 1950s and '60s on spacious quarter-acre lots, alongside newer subdivisions that include amenities like golf courses and pools. The average home price is around $150,000, with options ranging from $100,000 for a three-bedroom, two-bath home to $650,000 for a larger, newer build. Approximately half of the residents rent their homes, and the market has seen a slowdown, with homes often sitting for over a month.
Local dining options include Paty’s Gorditas, known for its authentic Mexican cuisine, and H.B.’s Barbecue, a community staple since 1961. Grocery shopping is convenient with a Kroger located 2 miles away on Geyer Springs Road. For shopping enthusiasts, the Outlets of Little Rock, featuring stores like Banana Republic and H&M, is just 5 miles away. Outdoor activities are plentiful, with Wakefield Park offering tennis courts and Benny Craig Park providing a playground and fishing creek. The neighborhood is safer than the national average, adding to its appeal. With Interstate 30 bordering the south, residents enjoy an easy 8-mile drive to downtown Little Rock.
Frequently Asked Questions
Is Wakefield a good place to live?
Wakefield is a good place to live, receiving 3.0 stars from its residents. Wakefield is considered car-dependent and somewhat bikeable with some transit options. Wakefield is a suburban neighborhood. Wakefield has 6 parks for recreational activities. It is fairly sparse in population with 4.4 people per acre and a median age of 33. The average household income is $44,998 which is below the national average. College graduates make up 22.7% of residents. A majority of residents in Wakefield are renters, with 54.5% of residents renting and 45.5% of residents owning their home. A
local real estate agent serving Wakefield can help you decide if this neighborhood is the right one for you. Learn more on our
Wakefield neighborhood guide.
Is Wakefield, AR a safe neighborhood?
Wakefield, AR is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Wakefield?
The median home price in Wakefield is $574,495. If you put a 20% down payment of $114,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $128K a year to afford the median home price in Wakefield. The average household income in Wakefield is $45K.
What are the best public schools in Wakefield?
The best public schools that serve Wakefield are:
What are the best private schools in Wakefield?
The best private schools that serve Wakefield are:
What are the most popular zip codes in Wakefield, Little Rock, AR?
What are the most popular neighborhoods near Wakefield, Little Rock, AR?
Are home prices dropping in Wakefield?
Yes, home prices in Wakefield are down 1% in the last 12 months.
Home Trends in Wakefield, AR
On average, homes in Wakefield, Little Rock sell after 49 days on the market compared to the national average of 70 days. The median sale price for homes in Wakefield, Little Rock over the last 12 months is $439,958, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$439,958
Median Single Family Sale Price
$625,000
Average Price Per Sq Ft
$261
Number of Homes for Sale
2
Last 12 months Home Sales
11
Median List Price
$574,495
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%