Wedgwood, Fort Worth, TX—76133
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wedgwood, Fort Worth, TX
As of Oct '25, the median home price in Wedgwood, Fort Worth, TX is $255,000, with a year-over-year change of -4.8%. This indicates that home prices in Wedgwood, Fort Worth, TX are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | -4.8% |
| Single Family | $255,000 | -5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $190,000 | -5.5% |
3 Bed | $249,000 | -5.3% |
4 Bed | $311,000 | -4.0% |
| 5 Bed | $352,000 | -2.5% |
% of Housing Stock
Rental Trends — Wedgwood, Fort Worth, TX
As of July '25, Rentcast reports the average rent in Wedgwood, Fort Worth, TX is $1,680, with a year-over-year rent change of -6.1%. Per bedroom, the median rent as of July '25 in Wedgwood, Fort Worth, TX is studios: $799, 1-bedrooms: $1,020, 2-bedrooms: $1,420, 3-bedrooms: $1,970, 4-bedrooms: $2,540. The most common rental property sizes in Wedgwood, Fort Worth, TX are 3-bedroom and 1-bedroom, accounting for 34.8% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,680 |
| Studio Rent | $799 | $799 |
| 1 Bed Rent | $1,030 | $1,020 |
| 2 Bed Rent | $1,420 | $1,420 |
| 3 Bed Rent | $1,950 | $1,970 |
| 4 Bed Rent | $2,300 | $2,540 |
% of Rental Stock
Property Listings — Wedgwood, Fort Worth, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Wedgwood, Fort Worth, TX is 65. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $298,000 | -1.0% |
Listing Count | 184 | 7.0% |
| Listings as % of Homes | 0.5% | 7.0% |
Days on Market | 65 | 11.0% |
Demographics — Wedgwood, Fort Worth, TX
As of the latest ACS Survey released in 2023, Wedgwood, Fort Worth, TX has a population of 53,800, which has increased by 4.8% over the past 5 years. Wedgwood, Fort Worth, TX is a popular place for families, as children make up 26.9% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,800 | 4.8% |
% Under 18 | 26.9% | 1.1% |
% Seniors | 14.1% | -2.1% |
% WFH | 11.2% | 409.1% |
% w/ College Degree | 28.5% | 12.2% |
As of the latest ACS Survey released in 2023, Wedgwood, Fort Worth, TX is a predominantly hispanic area, with 39.3% of the population identifying as hispanic. The hispanic population has grown by 8.6% in the last 5 years. The second most common race or ethnicity in Wedgwood, Fort Worth, TX is white, making up 33.6% of the population. Foreign-born residents account for 15.2% of the population in Wedgwood, Fort Worth, TX, and this percentage has increased by 1.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.6% | -9.9% |
% Black | 21.0% | -6.2% |
% Hispanic | 39.3% | 8.6% |
% Asian | 3.5% | 94.4% |
% Foreign Born | 15.2% | 1.3% |
Mortgage and Risk — Wedgwood, Fort Worth, TX
According to HUD data as of 2023, there were 570 mortgage originations in Wedgwood, Fort Worth, TX, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Wedgwood, Fort Worth, TX. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 570 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Wedgwood, Fort Worth, TX
As of 2024, the percent of homes in Wedgwood, Fort Worth, TX under the Section 8 program is 15.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Wedgwood, Fort Worth, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,050 |
Total Units Section 8 | 984 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 81.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $470 | $1,030 | $1,500 |
| 2 Bedroom | $330 | $1,420 | $1,750 |
| 3 Bedroom | $370 | $1,950 | $2,320 |
| 4 Bedroom | $530 | $2,300 | $2,830 |
Affordability — Wedgwood, Fort Worth, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $255,000 |
| Median Household Income | $71,700 |