Wilmington Market Report
$431,460
AVERAGE PRICE OF 692 HOMES$270,397
AVERAGE PRICE OF 23 DISTRESSED HOMES$2,420,796
AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES$649,203
AVERAGE PRICE OF 31 NEWLY BUILT HOMES$1,012,745
AVERAGE PRICE OF 11 HOMES WITH A POOL$431,146
AVERAGE PRICE OF 30 REDUCED PRICE HOMESAverage Home
| Average Price | $431,460 |
| Avg Bedrooms | 2.76 beds |
| Avg Bathrooms | 1.89 baths |
Average Price by Bedrooms
| 1 bedroom | $226,140 |
| 2 bedrooms | $245,472 |
| 3 bedrooms | $335,243 |
| 4 bedrooms | $560,265 |
| 5 bedrooms | $759,509 |
Wilmington Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 724 | 725 | 600 | 522 | 650 |
| Average Price | $435,744 | $456,984 | $461,463 | $476,014 | $445,429 |
| Avg Price Change | -4.87% | -0.98% | -3.15% | +6.87% | n/a |
| Median Price | $300,308 | $313,966 | $315,000 | $316,333 | $319,950 |
| Med Price Change | -4.55% | -0.33% | -0.42% | -1.14% | n/a |
| Avg Bedrooms | 2.8 beds | 2.84 beds | 2.77 beds | 2.73 beds | 2.8 beds |
| Avg Bathrooms | 1.97 baths | 2.03 baths | 1.98 baths | 1.97 baths | 2.05 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Brandywine | 19 | $479,026 | 41 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 692 | $431,460 | 87 days |
| Distressed Homes | 23 | $270,397 | 104 days |
| Multi-Million Dollar Homes | 32 | $2,420,796 | 175 days |
| Newly Built Homes | 31 | $649,203 | 93 days |
| Homes with a Pool | 11 | $1,012,745 | 129 days |
| Reduced Price Homes | 30 | $431,146 | 55 days |
