New Listing
57
$80,000
1409 and 1409 1/2 W 2nd St
Wilmington, DE 19805
4 bd2 ba1,700 sqft$47/ft²
House2,614 sqft lot
Joseph Hurley · Pantano Real Estate Inc
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Wilmington, DE Housing Market
Balanced market-0.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Wilmington, DE is worth $329,558, held roughly flat 0.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $249,500, +3.7% year over year (through May 2026). With 3.2 months of supply and homes going under contract in about 45 days, Wilmington is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $329,558 home is about $1,759/mo in principal and interest.
Key numbers for Wilmington, DE
Typical home value
$329,558
-0.5% in 12 months
Zillow, August 2026
Typical asking rent
$1,786/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$249,500
+3.7% year over year
Redfin, through May 2026
Days on market
45
Average pace
Redfin, through May 2026
Active listings
251
3.2 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$55,269
Home costs 6.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.4%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Wilmington a buyer's or seller's market?
Balanced market3.2 months of supply45 days on market97.4% of asking
Wilmington, DE is a balanced market, based on 3.2 months of supply and homes selling in about 45 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Wilmington housing market data show?
Every row below is Redfin's final published month for Wilmington, DE. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $249,500 |
| Median list price | $292,250 |
| Year-over-year price change | +3.7% |
| Median price per sq ft | $169/sq ft |
| Median days on market | 45 days |
| Active inventory | 251 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 97.4% |
| Homes sold (that month) | 78 |
| New listings (that month) | 112 |
| Listings with a price cut | 32.3% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Wilmington is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Wilmington is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Wilmington home prices moved?
Over the last three years the median sale price in Wilmington, DE rose 20.0%, from $208,000 to $249,500. The live Zillow value series has held roughly flat 0.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 32.3% of Wilmington listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.2 months while the sale-to-list ratio slips below its current 97.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Wilmington?
Priced off the typical home value of $329,558 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $65,912 | $263,647 | $1,759/mo |
| 5% | $16,478 | $313,080 | $2,089/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,759, that implies roughly $75,401 a year before you add taxes and insurance. The median household in Wilmington earns $55,269, about $20,132 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Wilmington in the next 12 months?
Tell us your timeline. We send the Wilmington market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Wilmington?
Typical asking rent in Wilmington, DE is $1,786/mo, against a typical home value of $329,558. That is a price-to-rent ratio of 15.4x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,759 a month — $27 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Wilmington?
Active listings in Wilmington, DE went from 245 in May 2025 to 251 in May 2026, a +2.4% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 215 | 88 |
| July 2025 | 227 | 98 |
| August 2025 | 234 | 98 |
| September 2025 | 247 | 109 |
| October 2025 | 265 | 128 |
| November 2025 | 271 | 101 |
| December 2025 | 225 | 59 |
| January 2026 | 215 | 77 |
| February 2026 | 212 | 70 |
| March 2026 | 238 | 113 |
| April 2026 | 257 | 110 |
| May 2026 | 251 | 112 |
Redfin, through May 2026
How does Wilmington compare to Delaware and the U.S.?
Wilmington homes sell for $249,500 — 35% below the Delaware median of $384,500. Against the national median of $410,700, Wilmington runs 39% lower. Year-over-year, Wilmington moved +3.7% against Delaware's +5.8% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Wilmington, DE | $249,500 | +3.7% | 45 days |
| Delaware statewide | $384,500 | +5.8% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Wilmington
What buyers should watch
- Months of supply, currently 3.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 32.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $330 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $329,558 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Wilmington listing goes under contract in 45 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 97.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Wilmington added 112 new listings against 78 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -0.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Wilmington varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Wilmington
There are currently 251 homes listed for sale in Wilmington, Delaware. The median listing price is $292K. Featured listings range from $80,000 to $1,003,075.
New Listing
$120,000
11 S Rodney Dr
Wilmington, DE 19809
3 bd1 ba1,200 sqft$100/ft²
Townhouse2,614 sqft lot
Billie Chubb · Real Broker LLC
View photos & details
New Listing
24
$124,900
1703 N Pine St
Wilmington, DE 19802
3 bd2 ba1,825 sqft$68/ft²
Townhouse871 sqft lot
Donald Ash · Alliance Realty
View photos & details
New Listing
2
$149,000
2601 N Heald St
Wilmington, DE 19802
3 bd1 ba1,022 sqft$146/ft²
Townhouse1,742 sqft lot
Sherrinna Sturgis · English Realty
View photos & details
New Listing
16
$149,900
1001 N Church St
Wilmington, DE 19801
2 bd1 ba894 sqft$168/ft²
Townhouse871 sqft lot
Mark Stape · Compass
View photos & details
New Listing
16
$240,000
853 N Madison St
Wilmington, DE 19801
3 bd2 ba1,343 sqft$179/ft²
Townhouse1,307 sqft lot
Paul Owens · Home Finders Real Estate Company
View photos & details
New Listing
20
$250,000
1604 Coleman St
Wilmington, DE 19805
3 bd2 ba1,300 sqft$192/ft²
Townhouse1,742 sqft lot
Michele Colavecchi Lawless · RE/MAX Associates-Wilmington
View photos & details
New Listing
17
$270,000
720 S Broom St
Wilmington, DE 19805
3 bd2 ba1,900 sqft$142/ft²
House3,485 sqft lot
Charna Parler-Porter · RE/MAX Associates - Newark
View photos & details
New Listing
26
$310,000
13 N Clifton Ave
Wilmington, DE 19805
3 bd2 ba1,175 sqft$264/ft²
House7,405 sqft lot
Daniel Spruance · Long & Foster Real Estate, Inc.
View photos & details
New Listing
48
$450,000
2702 Burnley Rd
Wilmington, DE 19808
4 bd2 ba2,664 sqft$169/ft²
House10,019 sqft lot
Amanda Bradford · Crown Homes Real Estate
View photos & details
New Listing
69
$875,000
114 Bancroft Mills Rd
Wilmington, DE 19806
3 bd6 ba3,550 sqft$246/ft²
Townhouse
Karen Mengden · Long & Foster Real Estate, Inc.
View photos & details
New Build
15
$1,003,075
1307 Coulee Way
Wilmington, DE 19803
3 bd4 ba2,800 sqft$358/ft²
Condo
Bert Green · RE/MAX Associates-Wilmington
View photos & details
Looking to buy in Wilmington?
Get connected with a local real estate expert — free, no obligation.
Active listings
251
Homes on market
Median list price
$292K
Avg. days on market
45
Days until sale
New this week
112
Newly listed
Price drops:32.3%of listings
Sale-to-list:97.4%
How much do homes cost in Wilmington by property type?
How the Wilmington, DE market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $435,000 | $216/sq ft | 5 | 37 days |
| Condo / co-op | $283,750 | $241/sq ft | 6 | 37 days |
| Townhouse | $241,000 | $159/sq ft | 63 | 46 days |
Who lives in Wilmington?
American Community Survey estimates for Wilmington. U.S. Census ACS, 2023
Population
71,124
Households
32,062
Median income
$55,269/yr
Median age
37 years
Owner-occupied
46.0%
Median home value
$224,500
Median gross rent
$1,187/mo
Mean commute
23 min
46.0% of occupied homes in Wilmington are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $224,500 against Zillow's $329,558 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,187/mo, below Zillow's $1,786/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Wilmington?
50 schools tracked · 31,161 students
The largest public schools serving Wilmington, DE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Odyssey Charter School
Grades K-12 · 2,192 students
Delcastle Technical High School
Grades 9-12 · 1,598 students
Conrad Schools of Science
Grades 6-12 · 1,163 students
Mount Pleasant High School
Grades 9-12 · 1,074 students
Dickinson (John) School
Grades 6-12 · 1,032 students
Concord High School
Grades 9-12 · 1,015 students
Charter School of Wilmington
Grades 9-12 · 971 students
Brandywine High School
Grades 9-12 · 941 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wilmington, DE?
Ordered by distance from Wilmington, not by size. Compare Wilmington side by side with any of them.
Which ZIP codes are in Wilmington?
These are the ZIP codes we see on active Wilmington listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Wilmington housing market FAQ
Is Wilmington a buyer's or seller's market?
Wilmington, DE is currently a balanced market. That read comes from 3.2 months of supply, homes going under contract in about 45 days, and sellers getting 97.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Wilmington?
The typical home in Wilmington, DE is worth $329,558 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $249,500, about $169 per square foot.
Is Wilmington cheaper than the rest of Delaware?
Wilmington's median sale price of $249,500 is 35% lower than the Delaware statewide median of $384,500, and 39% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Wilmington?
Homes in Wilmington, DE spent a median of 45 days on market before going under contract, versus 33 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Wilmington?
At the current 30-year fixed rate of 7.03%, 20% down on a $329,558 home is about $1,759 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $75,401 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $55,269.
Are home prices rising in Wilmington?
The typical home value in Wilmington, DE held roughly flat 0.5% over the last 12 months, from $331,170 to $329,558 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Wilmington?
Wilmington ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Wilmington?
That depends on your timeline, not on a headline. What the data says today: Wilmington, DE is a balanced market with 3.2 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 15.4x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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