Wilmington's October First-Time Homebuyer Report

With a 2.6% decrease over the last 10 years, the population of Wilmington is growing slower than other parts of the state. Also, with 70,851 residents, it is the most populated city in Delaware. 19805, 19802, and 19809 are the three largest zip codes in terms of population. Homes in Wilmington are older than most with a median age of 64 years. The top school in the city is Ferris School for Boys.

Price Range

The median value of homes in Wilmington is $111,800, making it one of the lower priced areas in Delaware. At the same time, the average list price of available homes is presently $135,509.

Out of all the listings in Wilmington, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$130K   $265K   $140K  

Typical Dwelling

The typical dwelling in Wilmington is a three-bedroom townhouse worth about $128,047. To purchase a similar home, a buyer with good credit and a $25,609 cash down payment could obtain a mortgage with a 3.95% interest rate and a $569 monthly payment. The property tax rate is $7.21 per $1,000 of taxable assessed value.

Get started right now by checking out Wilmington homes for sale or reviewing Wilmington real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Long & Foster Real Estate, Inc.
Snapped 2 homes in this area
Artisan Realty Llc
Snapped 8 homes in this area
Artisan Realty Llc
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