$10,000 Closing Credit*
$1,152,000
2,739 SqFt
4 Beds
•3 Full Baths
Kurt Wettermann, Listing Office: EXP REALTY LLC
Is Wedgefield, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Wedgefield was a Seller's Market.
Key Takeaway
Wedgefield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wedgefield, FL
How much do homes in Wedgefield, FL cost?
Median Sold Price
$487,500
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$42,500(-8.0%)
Key Takeaway
Homes in Wedgefield have sold for 8% less than they did a year ago.
Summary: The median home sold price in Wedgefield was $487,500 in November 2024, down 8% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | - | N/A |
| 3 Bedrooms | $416.5K | $400K | -4.0% |
| 4 Bedrooms | $615K | $548K | -10.9% |
| 5+ Bedrooms | $770K | $735K | -4.5% |
Summary: Wedgefield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Alafaya | $435K | $462K | +6.2% |
| Wedgefield | $530K | $487.5K | -8.0% |
Housing Supply in Wedgefield, FL
How many homes are available in Wedgefield, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 63 | +3.3% |
Summary: The Wedgefield real estate market had 63 homes for sale in November 2024, a 3.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 32 | 31 | -3.1% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Wedgefield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wedgefield, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Wedgefield in November 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Wedgefield, FL
How long does it take to sell a home in Wedgefield, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 76 Days | +158.9% |
Summary: Homes in Wedgefield had an average of 76 days on market in Nov 2024, up by 158.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wedgefield has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Wedgefield; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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