In 19808 Wilmington, DE, the median housing value was $318,600, which is slightly lower than the US median housing value of $338,100. However, this area showed a higher rate of house appreciation in the last year compared to the national average of 8.27%, with a 1-year appreciation rate of 10.72%. This suggests that this area may be considered as a hot spot for potential homeowners and investors looking to take advantage of an increasing market trend.
The median home cost in Wilmington (zip 19808) is $318,600. Home appreciation the last 10 years has been 53.1%. Home Appreciation in Wilmington (zip 19808) is up 12.1%.
Average Age of Homes
- The median age of Wilmington (zip 19808) real estate is 46 years old
The Rental Market in Wilmington (zip 19808)
- Renters make up 17.2% of the Wilmington (zip 19808) population
- 1.1% of houses and apartments in Wilmington (zip 19808), 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.