Wedgewood Forrest
Homes for Sale in St. Petersburg, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $437,000, $294 per square foot, a median 23 days on market, sellers accepting 98% of original asking. Homes listed or recently sold were built 1962–1969. At the median price and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $8,470 ($7,660 with the full homestead exemption).
Price here is driven by condition and lot far more than by any single spec, and the housing stock explains why. This is an old-line St Petersburg pocket with a median build year of 1961 and homes reaching back over a century, so what you pay is really a bet on how much of the work has already been done. The median sits at $424,000 with a median of roughly $322 per square foot on about 1,614 square feet, which tells you the premium is riding on finish level and updates rather than raw size.
The current posture is fast and softer than a year ago. Homes are going under contract at a median of five days, so anything sharp and correctly priced moves quickly — but the year-over-year median is down 15.2%, which means sellers who anchor to last year's expectations will sit. For buyers, the speed demands you be pre-approved and decisive; for sellers, the discipline is in pricing to today, not to memory.
Nearby homes for sale
No active listings inside Wedgewood Forrest right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Wedgewood Forrest market snapshot (as of September 12, 2026): the median sale price is about $437K ($294 per sq ft over the trailing 12 months of closed sales), and a median 24 days on market for closed sales.
In ZIP 33705 (St Petersburg), 441 homes closed in the last 12 months at a median of $459K ($315/sq ft), down 0.9% year over year, with a median 52 days on market. Right now 111 active and 21 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 33705 housing market and the Pinellas County market.
Wedgewood Forrest is a community of 597 homes in St Petersburg, Pinellas County, built between 1915 and 2024 (median 1957), with a median living area of about 1,256 square feet. 51% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Wedgewood Forrest is an established, walkable-scaled St Petersburg neighborhood of roughly 1,172 homes spanning 1915 to 2024 construction, where the real spread in value comes from vintage and renovation rather than square footage.
The setting & the homes.
Aerial and on-site photos of Wedgewood Forrest. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Wedgewood ForrestPhotos from Stellar MLS listings in Wedgewood Forrest; content deemed reliable but not guaranteed.
Who Wedgewood Forrest is best for.
Best for
- Buyers targeting the mid-$400s who want an established location and will pay for a home that's already been updated
- Renovation-minded buyers who can price in the work and want to buy on condition rather than finish
- Long-hold owners comfortable with older housing stock and a measured-turnover neighborhood
Probably not for
- Buyers who need new, uniform construction with no maintenance surprises
- Sellers unwilling to price to a market down 15.2% year over year
- Buyers wanting maximum square footage per dollar rather than location and condition
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($437K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2005 through 2026. Deemed reliable but not guaranteed.
Wedgewood Forrest Market Scorecard
Wedgewood Forrest is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 33712 ZIP is $324,414, about 12.6% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Wedgewood Forrest, St Petersburg
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
Wedgewood Forrest on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
The Wedgewood Forrest buying strategy.
If we were buying in Wedgewood Forrest today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Forrest.
An old-stock market that turns on condition
With a median build year of 1961 and a range stretching from the earliest years of the last century up through 2024, this is a mixed-age inventory where two houses on the same block can price very differently. That's why the single median of $424,000 is the honest number to work from and the surrounding spread is best understood qualitatively: updated systems, roofs, and kitchens carry the value here more than floor plans do.
A homestead share of about 64% suggests a core of longer-hold owners rather than a churn of short-term flips, which tends to keep turnover measured even when demand is active. Pair that with a five-day median days-on-market and you get a neighborhood where well-prepared listings clear fast, while dated or over-priced ones reveal the softer year-over-year trend quickly.
The location and the amenities are priced into every listing in Wedgewood Forrest. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Wedgewood Forrest buys, holds, and resells. Momentum Research; not an appraisal.
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 (8.0). Basis: Long-Term Appreciation +270% since 2012; Owner Commitment 51% owner-occupied; Pricing Power 98.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood where value hinges on condition and vintage, our job is to read each home on its own terms — separating cosmetic from structural, and pricing to a market that is moving in five days but down 15.2% year over year. We'll tell you when a listing is priced to yesterday, and when a fast-moving comp is actually comparable to the house in front of you.
Wedgewood Forrest in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Wedgewood Forrest buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Wedgewood Forrest sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Wedgewood Forrest, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Wedgewood Forrest home worth?
Get a no-obligation home value based on real comparable sales in Wedgewood Forrest, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Wedgewood Forrest on the map →
Frequently Asked Questions
What is the median home price in Wedgewood Forrest?
How long do homes in Wedgewood Forrest take to sell?
How many homes are in Wedgewood Forrest?
What share of Wedgewood Forrest is owner-occupied?
When were the homes in Wedgewood Forrest built?
Have Wedgewood Forrest home prices gone up?
Who is the best real estate agent for Wedgewood Forrest?
How do I find a top St Petersburg real estate agent who knows Wedgewood Forrest?
Can Momentum Realty connect me with an agent for Wedgewood Forrest?
Should you buy in Wedgewood Forrest?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 14, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 12, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 33705/33712)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2005 (40 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 Stellar MLS 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 Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Wedgewood Forrest fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Wedgewood Forrest. These are the public schools most often assigned to other communities in ZIP 33705 / 33712; zones change and vary by address, so confirm with the district before you buy.
- Bay Point Elementary, James B. Sanderlin PK-8 nearby · Public (assigned to 2 nearby communities)
- Lakewood Elementary School · Elementary · FLDOE grade A (assigned to 2 nearby communities)
- Lakewood High School · High · FLDOE grade A (assigned to 2 nearby communities)
- Bay Point Middle · Public · FLDOE grade A (assigned to 2 nearby communities)
- Bay Point Middle School · Middle · FLDOE grade A (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Nearby Communities
Explore more neighborhoods near Wedgewood Forrest with Momentum Realty’s local guides.