In 1980, Wilmington, DE had a median housing value of $153,500. This is much lower than the national median value of $338,100 that same year. However, in the past year since then, house appreciation has been higher in Wilmington than in the rest of the country; the rate of appreciation for Wilmington was 10.72%, compared to 8.27% nationally. This shows that investments in housing in Wilmington have performed relatively well over time and could be a good option for those looking to purchase or invest in local real estate.
The median home cost in Wilmington (zip 19801) is $153,500. Home appreciation the last 10 years has been 53.1%. Home Appreciation in Wilmington (zip 19801) is up 12.1%.
Average Age of Homes
- The median age of Wilmington (zip 19801) real estate is 62 years old
The Rental Market in Wilmington (zip 19801)
- Renters make up 59.1% of the Wilmington (zip 19801) population
- 6.2% of houses and apartments in Wilmington (zip 19801), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.