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.
Home Trends in Wedgewood, TX
On average, homes in Wedgewood, Odessa sell after 64 days on the market compared to the national average of 51 days. The median sale price for homes in Wedgewood, Odessa over the last 12 months is $270,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$270,000
Median Single Family Sale Price
$267,500
Average Price Per Sq Ft
$132
Number of Homes for Sale
1
Last 12 months Home Sales
15
Median List Price
$275,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
8%