In 19807 Wilmington, DE the housing median value is significantly higher than the US average of $338,100. It sits at a whopping $848,900. This is likely due to its close proximity to large population centers such as Philadelphia, PA and Baltimore, MD. Additionally, the house appreciation in this area is stronger than the national average at 10.72%. This means that people who bought into this area in the past have seen their home values increase by more than 10% over the course of one year. This makes it an attractive place for people looking to invest in real estate or own a desirable home near major cities.
The median home cost in Wilmington (zip 19807) is $848,900. Home appreciation the last 10 years has been 53.1%. Home Appreciation in Wilmington (zip 19807) is up 12.1%.
Average Age of Homes
- The median age of Wilmington (zip 19807) real estate is 47 years old
The Rental Market in Wilmington (zip 19807)
- Renters make up 23.5% of the Wilmington (zip 19807) population
- 3.0% of houses and apartments in Wilmington (zip 19807), 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.