In 19804 Wilmington, DE, the median value of housing is $253,500, which is much lower than the US median value of $338,100. However, over the past year there has been a significant appreciation in house values in Wilmington at 10.72%, more than double the national average of 8.27%. This appreciation indicates that the housing market is healthy and growing despite the lower median value compared to other parts of the United States.
The median home cost in Wilmington (zip 19804) is $253,500. Home appreciation the last 10 years has been 53.1%. Home Appreciation in Wilmington (zip 19804) is up 12.1%.
Average Age of Homes
- The median age of Wilmington (zip 19804) real estate is 60 years old
The Rental Market in Wilmington (zip 19804)
- Renters make up 23.6% of the Wilmington (zip 19804) population
- 1.4% of houses and apartments in Wilmington (zip 19804), 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.