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Sarah Mitchell

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Compass Real Estate · Wedgefield, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Wedgefield, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Wedgefield, FL Housing Market

Buyer's market-1.5% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Wedgefield, FL is worth $532,389, fell 1.5% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $665,600, +11.1% year over year (through May 2026). With 8.7 months of supply and homes going under contract in about 76 days, Wedgefield is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $532,389 home is about $2,737/mo in principal and interest.

Key numbers for Wedgefield, FL

Typical home value

$532,389

-1.5% in 12 months

Zillow, July 2026

Median sale price

$665,600

+11.1% year over year

Redfin, through May 2026

Days on market

76

Slow-moving

Redfin, through May 2026

Active listings

52

8.7 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$120,440

Home costs 4.4x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.2%

Selling below asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Wedgefield a buyer's or seller's market?

Buyer's market8.7 months of supply76 days on market98.2% of asking

Wedgefield, FL is a buyer's market, based on 8.7 months of supply and homes selling in about 76 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Wedgefield housing market data show?

Every row below is Redfin's final published month for Wedgefield, FL. Redfin, through May 2026

Housing market statistics for Wedgefield, FL, Redfin through May 2026
MetricValue
Median sale price$665,600
Median list price$515,000
Year-over-year price change+11.1%
Median price per sq ft$258/sq ft
Median days on market76 days
Active inventory52 listings
Months of supply8.7 months
Sale-to-list price ratio98.2%
Homes sold (that month)6
New listings (that month)17
Listings with a price cut36.5%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Wedgefield is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Wedgefield is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Wedgefield home prices moved?

Over the last three years the median sale price in Wedgefield, FL rose 16.8%, from $570,000 to $665,600. The live Zillow value series has fell 1.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 36.5% of Wedgefield listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 8.7 months while the sale-to-list ratio slips below its current 98.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Wedgefield?

Priced off the typical home value of $532,389 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Wedgefield, FL
Down paymentCash at closeLoan amountMonthly P&I
20%$106,478$425,911$2,737/mo
5%$26,619$505,769$3,250/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,737, that implies roughly $117,301 a year before you add taxes and insurance. The median household in Wedgefield earns $120,440, about $3,139 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Wedgefield in the next 12 months?

Tell us your timeline. We send the Wedgefield market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Wedgefield?

Zillow does not publish a rent index (ZORI) for Wedgefield, FL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Wedgefield?

Active listings in Wedgefield, FL went from 62 in May 2025 to 52 in May 2026, a -16.1% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Wedgefield, FL
MonthActive listingsNew listings
June 20256621
July 20256016
August 2025549
September 20255620
October 2025437
November 2025447
December 20254913
January 20265521
February 2026487
March 20265118
April 20265516
May 20265217

Redfin, through May 2026

How does Wedgefield compare to Florida and the U.S.?

Wedgefield homes sell for $665,60058% above the Florida median of $421,500. Against the national median of $410,700, Wedgefield runs 62% higher. Year-over-year, Wedgefield moved +11.1% against Florida's +2.6%a bigger swing than the state as a whole.

Wedgefield, FL compared with Florida and the United States
MarketMedian sale priceYoYDays on market
Wedgefield, FL$665,600+11.1%76 days
Florida statewide$421,500+2.6%66 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Wedgefield

What buyers should watch

  • Months of supply, currently 8.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 36.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $513 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $532,389 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Wedgefield listing goes under contract in 76 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Wedgefield added 17 new listings against 6 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Wedgefield varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Wedgefield

There are currently 52 homes listed for sale in Wedgefield, Florida. The median listing price is $515K.

Active listings

52

Homes on market

Median list price

$515K

Avg. days on market

76

Days until sale

New this week

17

Newly listed

Price drops:36.5%of listings
Sale-to-list:98.2%

How much do homes cost in Wedgefield by property type?

How the Wedgefield, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Wedgefield, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$665,600$258/sq ft676 days
Townhouse$337,000$182/sq ft115 days

Who lives in Wedgefield?

American Community Survey estimates for Wedgefield. U.S. Census ACS, 2023

Population

8,556

Households

2,683

Median income

$120,440/yr

Median age

42.7 years

Owner-occupied

92.3%

Median home value

$419,100

Median gross rent

$1,833/mo

Mean commute

39.8 min

92.3% of occupied homes in Wedgefield are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $419,100 against Zillow's $532,389 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which cities are near Wedgefield, FL?

Ordered by distance from Wedgefield, not by size. Compare Wedgefield side by side with any of them.

Wedgefield housing market FAQ

Is Wedgefield a buyer's or seller's market?

Wedgefield, FL is currently a buyer's market. That read comes from 8.7 months of supply, homes going under contract in about 76 days, and sellers getting 98.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Wedgefield?

The typical home in Wedgefield, FL is worth $532,389 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $665,600, about $258 per square foot.

Is Wedgefield cheaper than the rest of Florida?

Wedgefield's median sale price of $665,600 is 58% higher than the Florida statewide median of $421,500, and 62% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Wedgefield?

Homes in Wedgefield, FL spent a median of 76 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Wedgefield?

At the current 30-year fixed rate of 6.66%, 20% down on a $532,389 home is about $2,737 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $117,301 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $120,440.

Are home prices rising in Wedgefield?

The typical home value in Wedgefield, FL fell 1.5% over the last 12 months, from $540,409 to $532,389 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Wedgefield?

Wedgefield ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Wedgefield?

That depends on your timeline, not on a headline. What the data says today: Wedgefield, FL is a buyer's market with 8.7 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $532,389, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.