Wilmington Market Report
$426,164
AVERAGE PRICE OF 710 HOMES$277,006
AVERAGE PRICE OF 22 DISTRESSED HOMES$2,499,533
AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES$599,010
AVERAGE PRICE OF 30 NEWLY BUILT HOMES$1,014,022
AVERAGE PRICE OF 9 HOMES WITH A POOL$338,732
AVERAGE PRICE OF 27 REDUCED PRICE HOMESAverage Home
| Average Price | $426,164 |
| Avg Bedrooms | 2.78 beds |
| Avg Bathrooms | 1.91 baths |
Average Price by Bedrooms
| 1 bedroom | $221,195 |
| 2 bedrooms | $242,866 |
| 3 bedrooms | $328,062 |
| 4 bedrooms | $546,534 |
| 5 bedrooms | $765,802 |
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 | 20 | $495,470 | 41 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 710 | $426,164 | 85 days |
| Distressed Homes | 22 | $277,006 | 102 days |
| Multi-Million Dollar Homes | 29 | $2,499,533 | 187 days |
| Newly Built Homes | 30 | $599,010 | 101 days |
| Homes with a Pool | 9 | $1,014,022 | 151 days |
| Reduced Price Homes | 27 | $338,732 | 55 days |
