Wedgewood
Homes for Sale in Naples, FL

Community in Naples · Lee County · ZIP 33908
499 homesBuilt 1963–2024Median sale $310K
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Live Market Pulse
21/100
Market Heat
Cooler than normal
2015 → 2026 · 82 at the 2019 peak
0 is Wedgewood's coldest market since 2015, 100 its hottest. Today: 21. How it's scored
Built fromLive fgc data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Wedgewood Housing Pulse fgc + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$310K
Median sold · 12 mo
down 8.5% vs the prior 12 months
-8.5%
1-yr price change
n = 25 and 24 sales in the two windows
$198/sf
Sold $/sqft · 12 mo
peak $254 in 2024
92.7%
Sale vs ask
Lee median: 93.1%
Tempo
38days
Median DOM · closed
4 days at the 2022 low
25
Sold · last 12 mo
10-yr average: about 28 a year
Ownership and context
60%
Owner-occupied · Wedgewood
308 of 509 parcels homesteaded (FL DOR 2025)
40%
Non-owner-occupied · Wedgewood
incl. 8% trust or LLC-held · 6% out-of-state
64%
Cash buyers · Wedgewood
16 of 25 sales, 12 mo ending July 2026
499
Homes in the community
plus 10 vacant residential lots · 509 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1963
Community established
homes built 1963-2024, median 1969 (FL DOR 2025)
1,670sqft
Median sold home size
12-mo windows, closed sales
5.0%/yr
Turnover rate
about 25 of 499 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Wedgewood's pricing is driven by condition and age more than anything else. With a median year built of 1969 against a build range that stretches to 2024, this is a market where a handful of updated or newer homes pull the top of the range while the bulk of the 499-home inventory reflects its original-era construction. That spread is exactly why buyers need a real comparison on renovation history before anchoring to the $310,000 median.

A market heat score of 21 alongside a year-over-year price move of -8.5% tells sellers this is not a moment to price on hope. Median days on market at 38 is still a reasonably fast clock, but it means homes that are priced off condition and comps move; homes priced off wishful thinking sit. For buyers, that combination is leverage worth using in negotiations.

Wedgewood Housing Pulse · Momentum Research · as of July 29, 2026

Wedgewood right now

🔴 Off the recent peak. The trailing-12-month median ($310K) is down 8.5% from the prior 12 months ($339K). With about 28 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level fgc closed sales, 12-month windows ending July 29. Confidence: High (25 and 24 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 29, 2026 · Live data: fgc, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Wedgewood market snapshot (as of July 29, 2026): the median sale price is about $310K ($198 per sq ft over the trailing 12 months of closed sales), and a median 38 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level fgc closed sales (25 closings in the current window).

Wedgewood is a community of 499 homes in Naples, Lee County, built between 1963 and 2024 (median 1969), with a median living area of about 2,043 square feet. 60% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Wedgewood is an established Naples-area section of Lee County built out mostly in the late 1960s, with a scattering of newer or renovated homes bringing the range up to 2024. At a median living area of 2,043 square feet, homes here run larger than the county's typical starter product.

Best for

  • Buyers prioritizing larger square footage over newer construction
  • Buyers comfortable budgeting for renovation or updates on an older home
  • Buyers seeking value on a per-square-foot basis in the Naples/Lee County area

Probably not for

  • Buyers who want a turnkey new-construction home without renovation risk
  • Buyers who require on-site community amenities as part of the purchase
  • Sellers expecting a fast, above-median sale in the current softening market

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 29 of each year, from record-level fgc closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($310K) IS the median in the snapshot above, and the move from 2025 ($339K) IS the -8.5% one-year change.

Windows contain 20 to 42 sales each (25 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K$400K2014201620182020202220242026
Down 8.5% year over year.
Every sale since 2014 · price vs size
$0$500K$1M1k2k
367 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$2002014201620182020202220242026
Up from $144 in 2014 to a $254 peak in 2024; $198 now.
Median days on market · closed sales
020402014201620182020202220242026
4 days at the 2022 low; 38 now.
Sale price vs original ask · median
92%95%98%100%2014201620182020202220242026
92.7% now vs Lee 93.1%.
Homes sold per 12-mo window
020402014201620182020202220242026
20 to 42 a year; 25 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning201620182020202220242026
82 at the 2019 peak, 16 in the troughs, 21 now. Same score as the hero card, full history.
How much local inventory is already under contract

11% of homes for sale in ZIP 33908 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

If we were buying in Wedgewood today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Wedgewood.

Best Buy
Buyers looking for larger living space at a value price point who are comfortable evaluating an older housing stock.
Biggest Risk
The -8.5% year-over-year trend and a market heat score of 21 mean sellers have limited pricing power right now.
Sweet Spot
Homes that have been updated or renovated within the 1963-2024 build range, positioned near the median 2,043 square feet.
Avoid If
You are seeking a community with organized amenities, since none are currently identified from active listings.

An older-stock market correcting on price

The homestead share of 60.5% is a useful signal: a majority of owners here have filed for primary-residence exemption, which points to a base of longer-term occupancy rather than a market dominated by short-term rental or flip activity. That tends to produce steadier, less speculative pricing behavior over time, even when short-term numbers like the current -8.5% year-over-year move show softening.

At $198.49 per square foot and a median price of $310,000, Wedgewood sits as a value play relative to newer-build Naples-area product, but that value comes with the tradeoff of 1960s-era construction as the baseline. No community amenities are currently identified from active MLS listings, so buyers should treat this as a housing-stock play rather than a lifestyle-amenity purchase, and confirm any HOA, recreational, or shared-facility details directly rather than assuming them.

The location and the amenities are priced into every listing in Wedgewood. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.0C · Buy Score
Recent Direction3.9/10
Owner Commitment6.0/10
Pricing Power5.1/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.0). Basis: Recent Direction -8.5% year-over-year; Owner Commitment 60% owner-occupied; Pricing Power 92.7% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this spread out on age and condition, generic comps do not work. We pull the actual renovation and permit history on homes built in the 1960s versus the newer builds mixed into this inventory, so you are pricing off the right comparison set, not a blended median that misrepresents any individual house.

Wedgewood in 15 seconds.

Best forBuyers looking for larger living space at a value price point who are comfortable evaluating an older housing stock.
Biggest advantageSize and price per square foot both favor buyers relative to newer Naples-area construction.
Biggest riskThe -8.5% year-over-year trend and a market heat score of 21 mean sellers have limited pricing power right now.
Sweet spotHomes that have been updated or renovated within the 1963-2024 build range, positioned near the median 2,043 square feet.
Avoid ifYou are seeking a community with organized amenities, since none are currently identified from active listings.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Wedgewood sales matched to your home.

What is your Wedgewood home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Wedgewood?
The median sale price in Wedgewood was $310K over the 12 months ending July 29, 2026 (25 closed sales, fgc).
How long do homes in Wedgewood take to sell?
Homes that closed in the 12 months ending July 29, 2026 took a median 38 days on market (25 sales, fgc).
How many homes are in Wedgewood?
The Florida DOR 2025 assessment roll shows 499 homes plus 10 vacant residential lots in Wedgewood (public records).
What share of Wedgewood is owner-occupied?
60% of Wedgewood parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Wedgewood built?
Homes in Wedgewood were built between 1963 and 2024, with a median year built of 1969 (FL DOR 2025 roll).
Do cash buyers compete in Wedgewood?
Cash buyers took 64% of Wedgewood sales in the 12 months ending July 2026 (16 of 25 closings, fgc).
Who is the best real estate agent for Wedgewood?
The best agent for Wedgewood is one who actively works Naples and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Wedgewood.
How do I find a top Naples real estate agent who knows Wedgewood?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Wedgewood and the wider Naples area.
Can Momentum Realty connect me with an agent for Wedgewood?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Wedgewood purchase or sale - no call center and no pressure.
Buyers prioritizing larger square footage over newer constructionExcellent fit
Buyers comfortable budgeting for renovation or updates on an older homeExcellent fit
Buyers seeking value on a per-square-foot basis in the Naples/Lee County areaExcellent fit
Buyers who want a turnkey new-construction home without renovation riskProbably not
Buyers who require on-site community amenities as part of the purchaseProbably not
Sellers expecting a fast, above-median sale in the current softening marketProbably not

Data sources & freshness

Community market statsfgc closed sales, 12-month windows ending July 29, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (21 streets, ZIP 33908/33936/34134))
Under-contract sharesfgc records, as of 2026-07-18
Historical depthClosed-sale records back to 2014 (367 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of fgc records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the fgc member average and 8 days faster, and we’ll price yours against live your area comps.

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