Home Values

Wedgefield Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$232,400

  • 11.2% 1-year change
  • 4.2% 1-year forecast

The median home value in Wedgefield is $232,400. Wedgefield home values have gone up 11.2% over the past year and Zillow predicts they will rise 4.2% within the next year. The median list price per square foot in Wedgefield is $98, which is lower than the Orlando Metro average of $106. The median price of homes currently listed in Wedgefield is $199,300 while the median price of homes that sold is $205,294. The median rent price in Wedgefield is $1,295, which is higher than the Orlando Metro median of $1,200.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Wedgefield is 11.7%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Wedgefield homeowners underwater on their mortgage is 16.5%, which is lower than Orlando Metro at 21.9%.

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Relative ZHVI
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Wedgefield Market Overview

Data through Nov 30, 2014
  • $232,400 ZHVI
  • 4.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $199,300 Median listing price
  • No recent data Median sale price
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Wedgefield Market Health

Data through Nov 30, 2014
  • 4.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 16.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 11.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Oviedo $249,400
Bithlo $241,700
Christmas $200,500
Name Median ZHVI
Conway $190,600
Goldenrod $165,700
Mims $162,000
Name Median ZHVI
Union Park $148,400
Azalea Park $113,300
Titusville $93,900

Listings & Sales

Data through Nov 30, 2014
  • $98 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
10.9%
Sold below listing
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Wedgefield Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,498 Wedgefield
    $1,309 Orlando Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,295 Rent list price (Sep 30, 2014)
  • $0.71 Rent list price / sq ft (Sep 30, 2014)
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