What It Costs to Sell a Home in Wakefield
Selling a home in Wakefield, Massachusetts costs roughly $42.4K on a median-priced sale of $750K — about 5.7% of the sale price, before any mortgage payoff.
The largest cost is the real estate commission (typically around 5%, or $37.5K on a median sale — though commissions are negotiable). Massachusetts also charges a transfer tax (deed excise) of $4.56 per $1,000, about $3.4K on a median Wakefield home, plus roughly $1.5K in attorney, recording, and miscellaneous closing fees.
After those costs, a median-priced Wakefield seller nets about $707K before paying off any remaining mortgage. For a precise figure based on your sale price and loan balance, use our seller's net-proceeds calculator.