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Sarah Mitchell

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Compass Real Estate · Wright, FL

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

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

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Wright, FL Housing Market

Leaning buyer's-3.2% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $329,000, -3.2% year over year (through May 2026). With 5.1 months of supply and homes going under contract in about 47 days, Wright is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $329,000 home is about $1,691/mo in principal and interest.

Key numbers for Wright, FL

Median sale price

$329,000

-3.2% year over year

Redfin, through May 2026

Days on market

47

Average pace

Redfin, through May 2026

Active listings

117

5.1 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

$67,077

Home costs 4.9x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.7%

Selling below asking

Redfin, through May 2026

Zillow figures 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 Wright a buyer's or seller's market?

Leaning buyer's5.1 months of supply47 days on market99.7% of asking

Wright, FL is a leaning buyer's, based on 5.1 months of supply and homes selling in about 47 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

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

What does the Wright housing market data show?

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

Housing market statistics for Wright, FL, Redfin through May 2026
MetricValue
Median sale price$329,000
Median list price$329,000
Year-over-year price change-3.2%
Median price per sq ft$216/sq ft
Median days on market47 days
Active inventory117 listings
Months of supply5.1 months
Sale-to-list price ratio99.7%
Homes sold (that month)23
New listings (that month)36
Listings with a price cut23.9%
Market conditionLeaning buyer's

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 Wright is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Wright 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 Wright home prices moved?

Over the last three years the median sale price in Wright, FL rose 3.5%, from $318,000 to $329,000. 23.9% of Wright listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 5.1 months while the sale-to-list ratio slips below its current 99.7%. 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 Wright?

Priced off the median sale price of $329,000 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 Wright, FL
Down paymentCash at closeLoan amountMonthly P&I
20%$65,800$263,200$1,691/mo
5%$16,450$312,550$2,009/mo

Redfin, through May 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 $1,691, that implies roughly $72,488 a year before you add taxes and insurance. The median household in Wright earns $67,077, about $5,411 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.9x — 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 Wright in the next 12 months?

Tell us your timeline. We send the Wright 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 Wright?

Zillow does not publish a rent index (ZORI) for Wright, 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 Wright?

Active listings in Wright, FL went from 132 in May 2025 to 117 in May 2026, a -11.4% 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 Wright, FL
MonthActive listingsNew listings
June 202514244
July 202513738
August 202513535
September 202512733
October 202511728
November 202511326
December 202510525
January 202610228
February 202611040
March 202611134
April 202611546
May 202611736

Redfin, through May 2026

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

Wright homes sell for $329,00022% below the Florida median of $421,500. Against the national median of $410,700, Wright runs 20% lower. Year-over-year, Wright moved -3.2% against Florida's +2.6%a bigger swing than the state as a whole.

Wright, FL compared with Florida and the United States
MarketMedian sale priceYoYDays on market
Wright, FL$329,000-3.2%47 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 Wright

What buyers should watch

  • Months of supply, currently 5.1. 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 23.9%. 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 $317 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 $329,000 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 Wright listing goes under contract in 47 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 99.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Wright added 36 new listings against 23 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Wright varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Wright

There are currently 117 homes listed for sale in Wright, Florida. The median listing price is $329K.

Active listings

117

Homes on market

Median list price

$329K

Avg. days on market

47

Days until sale

New this week

36

Newly listed

Price drops:23.9%of listings
Sale-to-list:99.7%

How much do homes cost in Wright by property type?

How the Wright, 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 Wright, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$382,500$221/sq ft1357 days
Condo / co-op$125,000$122/sq ft123 days
Townhouse$235,000$185/sq ft946 days

Who lives in Wright?

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

Population

27,233

Households

11,161

Median income

$67,077/yr

Median age

35.8 years

Owner-occupied

54.9%

Median home value

$270,700

Median gross rent

$1,419/mo

Mean commute

24.3 min

54.9% of occupied homes in Wright 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.

Which cities are near Wright, FL?

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

Wright housing market FAQ

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

Wright, FL is currently a leaning buyer's. That read comes from 5.1 months of supply, homes going under contract in about 47 days, and sellers getting 99.7% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Wright?

The median sale price in the last month Redfin published was $329,000, about $216 per square foot.

Is Wright cheaper than the rest of Florida?

Wright's median sale price of $329,000 is 22% lower than the Florida statewide median of $421,500, and 20% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Wright?

Homes in Wright, FL spent a median of 47 days on market before going under contract, versus 66 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

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

At the current 30-year fixed rate of 6.66%, 20% down on a $329,000 home is about $1,691 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $72,488 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $67,077.

Are home prices rising in Wright?

Redfin's last published year-over-year change for Wright, FL was -3.2%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Wright?

Wright 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 Wright?

That depends on your timeline, not on a headline. What the data says today: Wright, FL is a leaning buyer's with 5.1 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 $329,000, 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.