Wilmington, DE

Balanced market-4.9% YoY

Housing market overview · Updated weekly

$224,950median sale price

Homes sold

56

Last 12 weeks

Days on market

57

Average pace

Active listings

208

3.7 months supply

Sale-to-list

99.2%

Below asking

The Wilmington housing market is currently classified as a balanced market with a median sale price of $224,950. Prices have fallen 4.9% compared to last year, with homes spending an average of 57 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Wilmington?

The median home sale price in Wilmington is $224,950, down 4.9% from last year.

How long do homes stay on market in Wilmington?

Homes typically spend 57 days on market before going under contract.

Is Wilmington a buyer's or seller's market?

With 3.7 months of supply, Wilmington is currently a balanced market.

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