
1409 and 1409 1/2 W 2nd St
Wilmington, DE 19805
Joseph Hurley · Pantano Real Estate Inc
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Compass Real Estate · Wilmington, DE
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Housing market overview · Updated monthly ·
$249,500median sale price
The median home sale price in Wilmington, DE is $249,500, up 3.7% year-over-year. Homes sell in an average of 45 days with 251 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Wilmington, DE is currently a balanced market, based on 3.2 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
78
Last 12 weeks
Days on market
45
Average pace
Active listings
251
3.2 months supply
Sale-to-list
97.4%
Below asking
| Metric | Value |
|---|---|
| Median sale price | $249,500 |
| Median list price | $292,250 |
| Year-over-year price change | +3.7% |
| Average days on market | 45 days |
| Active inventory | 251 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 97.4% |
| Median price per sq ft | $169/sq ft |
| Homes sold (latest month) | 78 |
| New listings (latest month) | 112 |
| Listings with a price cut | 32.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How the Wilmington, DE market breaks down across single-family homes, condos, and townhouses.
| 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 |
Source: Redfin · Updated monthly
The Wilmington housing market is currently classified as a balanced market with a median sale price of $249,500. Prices have risen 3.7% compared to last year, with homes spending an average of 45 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.1x provides context for how home values compare to local earning capacity.
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.

Wilmington, DE 19805
Joseph Hurley · Pantano Real Estate Inc
Wilmington, DE 19809
Billie Chubb · Real Broker LLC

Wilmington, DE 19802
Donald Ash · Alliance Realty

Wilmington, DE 19802
Sherrinna Sturgis · English Realty

Wilmington, DE 19801
Mark Stape · Compass

Wilmington, DE 19801
Paul Owens · Home Finders Real Estate Company

Wilmington, DE 19805
Michele Colavecchi Lawless · RE/MAX Associates-Wilmington

Wilmington, DE 19805
Charna Parler-Porter · RE/MAX Associates - Newark

Wilmington, DE 19805
Daniel Spruance · Long & Foster Real Estate, Inc.

Wilmington, DE 19808
Amanda Bradford · Crown Homes Real Estate

Wilmington, DE 19806
Karen Mengden · Long & Foster Real Estate, Inc.

Wilmington, DE 19803
Bert Green · RE/MAX Associates-Wilmington
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Active listings
251
Homes on market
Median list price
$292K
Avg. days on market
45
Days until sale
New this week
112
Newly listed
Population
71,124
Median income
$55,269/yr
Median age
37 years
Owner-occupied
46.0%
College grads
33.1%
Avg commute
23 min
Source: U.S. Census Bureau ACS
Zillow home value
$335,577
Zillow rent index
$1,872/mo
Price-to-rent ratio
14.9x
Price-to-income
6.1x
Source: Zillow Research
Wilmington is a community of approximately 71K residents with a median age of 37 years.The median household income is $55,269, which represents a working-class community with solid middle-income opportunities. 33.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 46.0%, showing a blend of owner and renter-occupied properties. The average commute time is 23 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wilmington offers a balanced lifestyle with accessible home values relative to local income levels.
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.
Want a head-to-head view? Compare Wilmington side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Wilmington, the price-to-rent ratio of 14.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 3.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Wilmington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wilmington's median home price.
The median home sale price in Wilmington is $249,500, up 3.7% from last year.
Homes typically spend 45 days on market before going under contract.
The median household income is $55,269 per year.
With 3.2 months of supply, Wilmington is currently a balanced market.
There are currently 251 homes listed for sale in Wilmington, DE.
The Zillow Home Value Index (ZHVI) for Wilmington is $335,577, representing the typical home value in the area.
The median condo/co-op sale price in Wilmington, DE is $283,750, compared to $435,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Wilmington, DE is $435,000 (about $216 per square foot).
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