Is Wedgwood Priced by Its Postwar Houses or by Its Price Per Foot? Reading Redfin, Realtor.com and the Census Age of Homes

How do the Wedgwood price figures fit together?

The Redfin median of $1,119,460 is up 0.2%, which implies about $1,117,226 a year earlier, a gain of $2,234, computed here. The price per square foot of $535 is down 13.8%, which implies about $621 a year earlier. Flat price with a fall of 13.8% per foot means the average size of the homes sold rose by about 16%, computed here, and that is an inference from the two figures. A buyer of a larger house pays less per foot, so a rising share of big houses lowers the per-foot price without lowering prices.

Realtor.com shows the opposite pattern, but its data are older. Its sold median of $1,150,000 is up 15.58%, which implies about $994,982 a year earlier, and its per-foot price of $616 is up 12.20%, which implies about $549. Its listing median of $995,000 is down 0.40%, which implies about $998,996 a year earlier. The page is dated April 2026, so it reflects a spring market, and a sold median that is 15.6% above its listing median is the mark of a market in which homes sell over the ask.

The two sources are within 2.7% of each other on the level, computed here. Realtor.com's $1,150,000 is 2.7% above Redfin's $1,119,460, and the gap is smaller than the differences in month, window and method would suggest. The Census owner value of $1,094,600, plus or minus $19,667, is 97.8% of the Redfin median and 95.2% of the Realtor.com figure, so owners' estimates sit close to the recent sales.

The postal area is a different level. Its sold median of $940,000 is 16.0% below the Redfin Wedgwood median, computed here, and its listing median of $825,000 is 28.3% below the Realtor.com Wedgwood sold median. The postal area includes apartments, condominiums and smaller homes, which a Wedgwood house does not compete with. An owner who quotes the postal area figure to a buyer is giving away about $180,000 on a typical house.

Check the sample before leaning on any median. Redfin counts 37 homes sold in August, up from 30, so a three-month median rests on perhaps seventy to a hundred sales, which is an inference from the monthly count. That is large enough for a stable median, but a handful of sales of unusually large or small houses still moves it. The older Realtor.com page counts 24 active listings, and a neighborhood with so few listings at a time will see its median jump with each new sale. Read the numbers as a range and not as a point.

A seller's working range is therefore about $1.1M to $1.15M for a typical Wedgwood house, with the size, the lot and the condition setting where in the range it falls. The best evidence is a closed sale of a house of similar size on a nearby street in the last six months, and a seller should not trust the per-foot change alone.

Sources as cited. Ratios and year-earlier values in this section are computed from the published figures and percentages.

How hot is the Wedgwood market, and who is winning?

Redfin rates Wedgwood as most competitive, with a Compete Score of 91 over six months and a median of 8 days on market, against 7 a year earlier. Most homes get multiple offers, often with waived contingencies, and the average home sells about 2% above list and goes pending in around 7 days. The hottest sell about 7% above list in around 5 days. On a $1.1M house, 2% is about $22,000 and 7% is about $78,000, computed here.

The sale-to-list ratio of 101.1% is up 0.9 points, and 41.5% of homes sold above list, up 14.9 points, which implies about 26.6% a year earlier. Two out of every five homes now close above the asking price, against about one in four a year ago. That is a big step up in a year, and it is more than the 0.2% rise in the median would lead a reader to expect, because homes are being listed at prices that buyers then bid past.

The neighbors are hot too. Redfin lists Green Lake with a Compete Score of 80 and Wallingford with 82, against Wedgwood's 91, and on those pages the hottest homes sell around list to about 1% above it and go pending in around 6 to 7 days. Wedgwood scores highest of the three, which means that a seller here starts from a strong position, at least on Redfin's own measure.

The older Realtor.com page shows 20 days on market, down 16.67%, and 24 active listings, up 20%, in April, with 11 rental listings. Twenty-four homes for sale in a neighborhood of this size is a very thin supply, and when supply is thin, a well-presented home draws several buyers. The postal area page is slower, at 45 days on market and a ratio of 98%, because it includes homes that do not draw bids.

Contingencies are the part of a hot market that sellers notice least. Redfin says that most Wedgwood homes get multiple offers, often with waived contingencies, which means that buyers skip the inspection or the financing condition to win. A buyer who waives an inspection is still taking the risk, and some will ask for a price cut later if a problem appears. A seller who has already priced the repairs, or who has sold to a buyer that took the house as it stood, avoids that renegotiation.

A hot market has a cost for sellers who need a specific date. When a house goes pending in a week, the buyer sets the pace of the deal, and the seller must clear and prepare the house in a few days or sell it as it stands. A private buyer can offer a fixed closing date and take the house as it is, which removes the preparation work and the open houses.

Sources as cited. Year-earlier values and differences are computed from the published percentages.

What does the age of the Wedgwood stock mean for a sale?

The postal area is old. Of 25,486 housing units, 5,149, or 20.2%, were built before 1940, 3,610, or 14.2%, in the 1940s and 3,648, or 14.3%, in the 1950s. Another 1,926, 7.6%, date from the 1960s and 2,068, 8.1%, from the 1970s, so 16,401 units, 64.4%, were built before 1980. The median build year is 1962, and 12,407 units, 48.7%, were built before 1960.

A newer layer sits on top. The 1980s account for 1,720 units, 6.7%, the 1990s for 994, 3.9%, the 2000s for 1,707, 6.7%, the 2010s for 4,033, 15.8% and 2020 or later for 631, 2.5%. So 6,371 units, 25.0%, were built since 2000 and 4,664, 18.3%, since 2010. Much of the newer stock is apartments and townhouses, which Ravenna's sibling brief covers, and the older stock is mostly houses.

Age raises the questions that a buyer's inspector asks. A house from the 1950s may have an old sewer line, a roof near the end of its life, knob-and-tube or aluminum wiring, a leaking oil tank or a damp crawl space. A buyer who sees a problem will ask for a credit or walk away, and in a market where many sellers waive contingencies, those who do not are at a disadvantage. That is where the fifth benefit of a private sale applies: a buyer that takes the home as it stands avoids inspection repairs.

Size follows age. Of 14,230 owner households, 4,608, or 32.4%, live in a three-bedroom home, 4,792, or 33.7%, in a four-bedroom and 1,735, or 12.2%, in one with five or more, so 78.3% live in a home with three or more bedrooms. Another 2,486, 17.5%, live in a two-bedroom home and 609, 4.3%, in a home with none or one bedroom. Postwar houses of three or four bedrooms are the typical Wedgwood sale.

The sequence of building decades shows two peaks. One is the pre-war and postwar run, from before 1940 to the 1950s, which accounts for 12,407 units. The other is the 2010s, with 4,033 units, which is the largest single decade after the 1950s. In between, from the 1960s to the 2000s, only 8,415 units were built, 33.0% of the total, computed here. A neighborhood with two peaks is one where old houses sit beside new infill, and a buyer will compare a renovated older house with a newer one on a smaller lot.

For a seller of an older house, the useful preparation is a pre-sale inspection, a sewer scope and a list of the work done. A seller who does not want to do the work, or does not want the delay, can take a private offer for the house as it is, and compare it with the net from a public sale.

Source: U.S. Census Bureau, American Community Survey 2020-2024 five-year estimates, tables B25034 and B25042, via Census Reporter. Shares are computed here.

What do owners, costs and ages say about Wedgwood sellers?

Owners hold a majority. Of 23,843 occupied homes, 14,230 are owner-occupied, 59.7%. Of those owners, 402 moved in during 2023 or later and 2,113 between 2020 and 2022, so 2,515, or 17.7%, moved in since 2020. Another 4,019, 28.2%, moved in between 2010 and 2019, 3,403, 23.9%, between 2000 and 2009, 2,378, 16.7%, in the 1990s and 1,915, 13.5%, before 1990. In all, 45.9% of owners arrived since 2010 and 30.2% have owned since before 2000.

Long-time owners have large gains. A household that bought before 2000 has seen the median value rise to $1,094,600, and a sale of that house can produce a large taxable gain. The capital gains rules are for the owner's tax adviser, and this brief offers no tax advice, but owners with a low basis often want a clean number, with no surprise costs, before they decide.

Costs are moderate. Of 14,230 owner households, 9,693, or 68.1%, have a mortgage and 4,537, or 31.9%, do not. Among owners with a mortgage, 2,157, or 22.3%, spent 30% or more of income on housing, and 800, or 8.3%, spent half or more. Among owners without a mortgage, 482, or 10.7% of those with a computed figure, spent 30% or more. In all, 2,639 owner households, 18.6% of those with a computed figure, carry a heavy cost.

Income is high. The median household income is $156,142, and the median owner value is 7.0 times that, computed here, which means that a typical buyer needs a very large down payment or a second income. Many buyers will be selling another home, or drawing on stock pay, and their timing depends on those events. A seller who can accept a flexible closing date is easier to deal with.

The people are young. Of 54,349 residents, 18.0% are under 18, 6.2% are between 18 and 24, 22.2% are between 25 and 34, 14.4% between 35 and 44, 24.6% between 45 and 64 and 14.5% are 65 or older, which is 7,885 people. The share of residents between 25 and 34 is high, and it reflects the apartments in the postal area. Among owners, the middle years dominate, and a sale often means a move for space, schools or a job.

Tenure and age combine into a plan. A household that has owned since before 2000, 30.2% of owners, is likely to be in a home with three or four bedrooms and a mortgage that is long paid down, and it may be thinking about a smaller home or a move closer to family. A household that arrived since 2020, 17.7% of owners, has a recent mortgage and a recent price, and may be sensitive to any fall. Each group needs a different answer from a buyer, and each can ask for a specific closing date. Readers comparing markets can also read the Ravenna brief and the Kirkland brief.

Source: U.S. Census Bureau, American Community Survey 2020-2024 five-year estimates, tables B25038, B25091, B01001, B19013 and B25077, via Census Reporter. Shares are computed here.

What should a Wedgwood owner ask, and what does a private sale change?

Five questions are worth asking. What did houses of my size on nearby streets close for in the last six months? Is my price set by the median or by a sale like mine? What work will a buyer's inspector find? What will the fees be? How much of the price survives the inspection?

Fees are simple arithmetic, and no rate is assumed here. Each 1% of a $450,000 sale is $4,500, of a $725,000 sale is $7,250 and of a $1,200,000 sale is $12,000. Three percent is $13,500, $21,750 and $36,000, and five percent is $22,500, $36,250 and $60,000. A seller can put their own quoted costs into those rows. On the Redfin median of $1,119,460, 1% is $11,195.

In a market where most homes get several offers, a seller can do well from a public sale, and a seller who prepares well may sell above the ask. A private sale gives up the chance of a bidding contest. In return it offers no showings and no neighbors talking about it, which is the first benefit, and a closing date that suits the seller, which is the second.

The third and fourth benefits are no commission costs and no closing costs, and the fifth is no inspection repairs. In a postal area where 64.4% of homes were built before 1980, the fifth is worth pricing, since the repairs that an inspector finds in an older house can reach tens of thousands of dollars.

Maison Off-Market buys luxury homes and estates directly from their owners and speaks only to sellers. It does not say that a private sale always beats a public listing, and in a market where two homes in five sell above the ask, an owner is right to compare an offer with what the same home would net after costs. If you would like a private, no-obligation offer for a home in Wedgwood, call 401-219-4207 or use the contact form on this site.

Sources as cited. Fee illustrations are arithmetic only and assume no commission rate.

Methodology and limitations

Each page's date, title and place were read before use. The Redfin page is for the three months ending August 2026, and its flat median beside a per-foot price down 13.8% is reported as printed and read as a change in the size of homes sold, which is an inference. The Realtor.com Wedgwood page carries key indicators as of April 2026 and a sale comment for March 2026, so it is older and is used as a cross-check. The Realtor.com postal area page is for September 2026. No Zillow page for Wedgwood was found, and the Zillow page for Ravenna is not used here. Only established data publishers and the Census are cited. The Census figures are five-year estimates for the postal area that includes Wedgwood, shared with a sibling post on Ravenna. Percent changes were taken as printed, and ratios, sums, fee figures and year-earlier values are this brief's arithmetic.

Conclusion

The record for Wedgwood shows a neighborhood median near $1.12M, homes that sell about 2% above the ask in about a week, two homes in five selling above list and a postal area where almost two thirds of the homes were built before 1980. The useful number for an owner is a closed sale of a comparable house nearby, and a private buyer can price the house in front of them.