Wakefield, Massachusetts, a scenic town 10 miles north of Boston, is conveniently located at the intersection of two major highways (I-93 and I-95/128), and is easily accessible by commuter rail (MBTA) from Boston. Wakefield has preserved much of its historic New England appearance and is recognized for its strong community involvement, quality school system, thriving businesses, public library, and for beautiful Lake Quannapowitt, which plays host to countless outdoor festivals and benefit activities each year. Walkers and joggers circle Lake Quannapowitt’s shores year round, and in the warmer months, boaters set sail from the nation’s oldest inland yacht club. There is always plenty of activity in Wakefield, and we are proud to call it home.
The land we now know as Wakefield was first settled in 1638 by a small band of settlers from Lynn. The following year, they successfully petitioned the legislature for “an inland plantation,” named Linn Village. In 1644, when seven families had settled and seven houses had been built, the Court ordered that the town might be incorporated. At that time, the village, located near the shores of the “Great Pond” (Lake Quannapowitt) took the name of Redding.
It was a community of farmers, taking advantage of the enormous flocks of wild pigeons, wild turkeys “exceeding fat, sweet and in abundance, fish in the rivers and ponds, grapes, blackberries, blueberries in great quantities.”
By 1667, the community, including what is now known as Reading and North Reading, boasted 59 houses. A garrison house was built against Indian attacks in 1671. In 1686, the settlers bought their land from the Saugus Indians.
The town sent its share of men to the Revolutionary War, but no battle was fought within her bounds. When the Declaration of Independence was first read publicly, it was unanimously voted to “adhere to its sentiments and stand by it to the last.” By the late 18th century, the town was essentially split into three separate and distinct parishes: the First Parish (Wakefield), the Second Parish (North Reading) and the Third Parish (Reading). Although the First Parish was the oldest section, and the largest, the combined votes of the other two parishes was greater. Consequently, the Federalist majority consistently outvoted the staunch Democratic Republicans in First Parish, effectively, as they thought, denying them representation in the legislature. As early as 1785, First Parish petitioned to be set off as a separate town. Issues came to a head just before the War of 1812, and the legislature finally granted their petition in 1811. The town of South Reading was formed in 1812.
South Reading was still a rural, isolated hamlet until the Boston and Maine Railroad came to town in 1845. The change it caused was dramatic, doubling the population from 1,600 to 3,200 in 15 years.
The quick rail service gave new impetus to old businesses, like the shoe industry. New ones, like the ice industry, using ice harvested from the town’s two lakes, were soon established. In 1851, Cyrus Wakefield came to town, establishing two new industries: the Boston and Maine Foundry Company and the phenomenally successful Wakefield rattan company, which popularized the use of wicker in the United States. The success of these ventures changed the character of South Reading to a manufacturing center within a comfortable commuting distance of Boston. In 1868, after Cyrus Wakefield offered to build the town a new Town Hall, the town of South Reading voted to change its name to Wakefield, Massachusetts.
As Wakefield approached the twentieth century, it continued to grow and flourish. Two major boosts were given to the town’s economy with the coming of the Miller Piano Factory and the Winship Boit Company (Harvard Knitting Mills) in 1889. Gas for lighting streets and houses was introduced by the Citizen’s Gas Light Company in 1860; telephone service was achieved in 1894; water service in 1883. During the twentieth century, the suburban character of the town became firmly established. The town’s location on route 128 attracted a proliferation of high tech industries. In 1994, the town celebrated its 350th anniversary celebration in a big way. Two of the events of the celebration, Midsummer Night and the Homecoming, have become established as annual Town Day celebrations.
Source: Town of Wakefield Website, https://www.wakefield.ma.us/, Retrieved on January 7, 2017
- Town of Wakefield Website: https://www.wakefield.ma.us
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$539,500||$225,300|
|Median Single Family Home Value||$558,400||$224,300|
|Median Condo Value||$394,800||$233,700|
|Median 2-Bedroom Home Value||$438,800||$173,600|
|Median 3-Bedroom Home Value||$540,100||$218,400|
|Median 4-Bedroom Home Value||$630,600||$345,800|
|Percent Homes Decreasing||7.4%||25.1%|
|Median List Price Per Sq Ft||$309||$139|
|Median Sale Price||$547,400||$226,500|
|Turnover (Sold Within Last Yr.)||36||2,354,481|
PROPERTIES AVAILABLE IN WAKEFIELD
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