Why Live in Wedgewood
Wedgewood, located in Odessa, Texas, is a neighborhood known for its spacious ranch-style homes and mature landscaping. Positioned one mile southwest of the University of Texas Permian Basin and 4 miles east of Downtown Odessa, Wedgewood features wide streets lined with brick homes from the 1960s, many with inground pools and outdoor entertainment areas. The neighborhood is served by the Ector County Independent School District, with students attending Blanton Elementary, Gonzales Elementary, Nimitz Junior High School, and Permian High School. For private education, Montessori Mastery School of Odessa is an option. Residents have access to the Midland Odessa Urban Transit District bus system, with a stop at University Boulevard and Fair Oaks Circle. Local amenities include Jim Parker Park, Memorial Garden Park, and the University of Texas Permian Basin’s Park, all within a 2-mile radius. Dining options nearby feature Pho House Odessa, Jack Jordan’s BBQ, and Flair Taverna. For shopping, Music City Mall and an H-E-B grocery store are 2 miles north. Golf enthusiasts can choose from Odessa Country Club, Ratliff Ranch Golf Links, and Sunset Golf Country Club. The Midland International Air & Space Port is a 10-mile drive, and the nearest hospital, Medical Center Hospital, is 4 miles away. The City of Odessa hosts various events throughout the year, such as the Fourth of July Fandango and the Parade of Lights during the holidays, which residents can enjoy.
Frequently Asked Questions
Is Wedgewood a good place to live?
Wedgewood is a good place to live. Wedgewood is considered car-dependent and somewhat bikeable. Wedgewood has 3 parks for recreational activities. It is somewhat dense in population with 7.3 people per acre and a median age of 36. The average household income is $91,872 which is below the national average. College graduates make up 13.7% of residents. A majority of residents in Wedgewood are home owners, with 23.6% of residents renting and 76.4% of residents owning their home. A
local real estate agent serving Wedgewood can help you decide if this neighborhood is the right one for you. Learn more on our
Wedgewood neighborhood guide.
Is Wedgewood, TX a safe neighborhood?
Wedgewood, TX is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Wedgewood?
The median home price in Wedgewood is $460,999. If you put a 20% down payment of $92,200 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in Wedgewood. The average household income in Wedgewood is $92K.
What are the best public schools in Wedgewood?
The best public schools that serve Wedgewood are:
What are the best private schools in Wedgewood?
The best private schools that serve Wedgewood are:
What are the most popular zip codes in Wedgewood, Odessa, TX?
What are the most popular neighborhoods near Wedgewood, Odessa, TX?
Home Trends in Wedgewood, TX
On average, homes in Wedgewood, Odessa sell after 91 days on the market compared to the national average of 70 days. The median sale price for homes in Wedgewood, Odessa over the last 12 months is $460,999, up 19% from the median home sale price over the previous 12 months.
Median Sale Price
$460,999
Median Single Family Sale Price
$460,999
Average Price Per Sq Ft
$169
Number of Homes for Sale
2
Last 12 months Home Sales
12
Median List Price
$460,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
19%