Real Estate Market Update for Wilmington, DE
Welcome to November's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was up 6% from one year earlier, and down 5% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 9%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold increased 9% year-over-year, and decreased 19% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Wilmington, DE
Area Information for Wilmington, DE
  • Population: 71,766
  • Median Age: 33.63 yr
  • Median Commute Time: 18.5 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 6,582/sq mi
  • Population Change Since 2000: -1.12%
  • Closest Airport: Philadelphia International
  • Closest College: Delaware State University-wilmington
  • Closest Jr. College: Delaware College Of Art And Design
  • Median Household Income: $37,741
  • Annual Residential Turnover: 13.81%
  • Median Years in Residence: 3.91 yr
  • Median Home Sales Price: $103,000
  • Closest Major Sports Team: Philadelphia Flyers
  • Change Avg. Household Income Since 2000: 7%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Wilmington, DE
Median Age: 33.63 Married: 18% Number of Households: 29,340 Households with Children: 9,004
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Wilmington, DE

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Dupont (alexis I.) Middle School 0.3 mi Public 6-8 1 3
      Tower Hill School 0.3 mi Private PRESCHOOL-12 0 5
      Highlands Elementary School 0.9 mi Public K-6 0 4
      St Ann School 1.0 mi Catholic PRESCHOOL-8 0 5
      Calloway (cab) School Of The Arts 1.2 mi Public 6-12 4-5 5
      Charter School Of Wilmington 1.2 mi Public 9-12 0 0
      Odyssey Charter School 1.2 mi Public K-6 4-5 4
      Dupont (alexis I.) High School 1.3 mi Public 9-12 0 5
      St Anthony School 1.4 mi Catholic PRESCHOOL-8 0 0
      Odyssey Charter School - Upper Campus 1.4 mi Public K-6 0 0
      Harvest Christian Academy - Wilmington 1.4 mi Private PRESCHOOL-6 0 0
      Zion Early Education Center 1.5 mi Private PRESCHOOL-K 0 0
      Padua Academy 1.6 mi Catholic 9-12 0 4
      Wilmington Friends School 1.6 mi Private PRESCHOOL-12 0 0
      Ursuline Academy 1.6 mi Catholic PRESCHOOL-12 0 4
      Salesianum School 1.7 mi Catholic 9-12 0 0
      Bayard Middle School 1.8 mi Public 6-8 0 2
      Lewis (william C.) Dual Language Elementary School 1.8 mi Public K-5 1 3
      Astra Zeneca Child Development Center 1.8 mi Private PRESCHOOL-K 0 0
      Warner Elementary School 1.9 mi Public PRESCHOOL-5 0 1
      High Road School Of Delaware 1.9 mi Private 4-12 0 0
      Nativity Preparatory School Of Wilmington 1.9 mi Catholic 5-8 0 0
      The Tatnall School 1.9 mi Private PRESCHOOL-12 0 5
      First State School 2.0 mi Public K-12 0 0
      Baltz (austin D.) Elementary School 2.0 mi Public PRESCHOOL-5 1 2
      Douglass School 2.1 mi Public 6-12 0 0
      Sharon Temple Adventist Elementary School 2.2 mi Private K-7 0 0
      St. Elizabeth High School 2.2 mi Catholic 9-12 0 5
      St Elizabeth Elementary School 2.2 mi Catholic PRESCHOOL-8 0 0
      All Saints Catholic School 2.2 mi Catholic PRESCHOOL-8 0 0
      Shortlidge (evan G.) Academy 2.2 mi Public K-5 0 0
      Pulaski (casimir) Elementary School 2.3 mi Public PRESCHOOL-5 1 0
      Delaware College Preparatory Academy 2.3 mi Public PRESCHOOL-5 1 3
      Vision Learning Center 2.4 mi Private PRESCHOOL-K 0 0
      Dupont (pierre S.) Middle School 2.4 mi Public 6-8 2-5 0
      St Mary Magdalen School 2.4 mi Catholic PRESCHOOL-8 0 4
      Montessori Learning Centre 2.4 mi Private PRESCHOOL-K 0 0
      Alternative School 2.4 mi Private 9-10 0 0
      Kuumba Academy Charter School 2.5 mi Public PRESCHOOL-5 3-5 5
      Lombardy Elementary School 2.5 mi Public K-5 4-5 0
      Moyer (maurice J.) Academy 2.5 mi Public 6-12 1 3
      St Peter Cathedral School 2.5 mi Catholic PRESCHOOL-8 0 5
      Howard High School Of Technology 2.6 mi Public 9-12 0 0
      St Michael's School And Nursery Inc 2.6 mi Private PRESCHOOL-2 0 0
      Gateway Lab School 2.7 mi Public 3-8 0 4
      Stubbs (frederick Douglass) Elementary School 2.7 mi Public PRESCHOOL-5 0 2
      Harlan (david W. ) Elementary School 2.7 mi Public K-5 1 1
      Bancroft Elementary School 2.7 mi Public PRESCHOOL-5 0 2
      Elementary Workshop Montessori School 2.8 mi Private PRESCHOOL-5 0 5
      Concord Preschool And Childcare 2.9 mi Private PRESCHOOL-K 0 0
      Edison (thomas A.) Charter School 2.9 mi Public K-8 1 4
      Urban Promise School 3.0 mi Private PRESCHOOL-6 0 0
      Prestige Academy 3.0 mi Public 5-8 1 3
      Marbrook Elementary School 3.0 mi Public K-5 1 5
      City Gates Academy 3.1 mi Private 4-8 0 0
      The Pilot School 3.1 mi Private K-8 0 5
      Richardson Park Elementary School 3.1 mi Public K-5 1 3
      Albert Einstein Academy 3.2 mi Private K-5 0 5
      East Side Charter School 3.2 mi Public K-8 1 0
      Richardson Park Learning Center 3.2 mi Public PRESCHOOL-5 0 3
      Delaware Military Academy 3.3 mi Public 9-12 0 5
      Elbert-palmer Elementary School 3.3 mi Public PRESCHOOL-5 2 4
      Conrad Schools Of Science 3.3 mi Public 6-12 4 5
      Immaculate Heart Of Mary 3.4 mi Catholic PRESCHOOL-8 0 5
      Springer Middle School 3.4 mi Public 6-8 3 0
      Brandywine High School 3.7 mi Public 9-12 0 4
      Mote (anna P.) Elementary School 3.8 mi Public PRESCHOOL-5 2-5 2
      Richey Elementary School 3.9 mi Public K-5 2 3
      Mount Pleasant High School 3.9 mi Public 9-12 0 3
      Delcastle Technical High School 4.0 mi Public 9-12 0 5
      Faith Preschool And Child Care 4.0 mi Private PRESCHOOL-K 0 0
      Brandywine Springs School 4.2 mi Public K-8 4-5 5
      Carrcroft Elementary School 4.3 mi Public K-5 2 0
      Mckean (thomas) High School 4.4 mi Public 9-12 0 2
      Mount Pleasant Elementary School 4.4 mi Public K-5 2-5 4
      Hanby Elementary School 4.6 mi Public K-5 3 0
      Wilmington Junior Academy 4.6 mi Private PRESCHOOL-8 0 0
      St John The Beloved School 4.7 mi Catholic PRESCHOOL-8 0 2
      Forwood Elementary School 4.8 mi Public K-5 2-5 4
      Layton Preparatory School 4.9 mi Private 8-12 0 0
      Centreville School 4.9 mi Private PRESCHOOL-8 0 5
      Children's House Montessori 5.0 mi Private PRESCHOOL-3 0 0
      Concord High School 5.1 mi Public 9-12 0 0
      Stanton Middle School 5.3 mi Public 6-8 1 1
      St Mark's Prekindergarten & Kindergarten 5.3 mi Private PRESCHOOL-K 0 0
      St Edmond's Academy 5.4 mi Catholic PRESCHOOL-8 0 0
      Central School (the) 5.5 mi Public 6-12 0 0
      Dickinson (john) High School 5.6 mi Public 9-12 0 2
      International Montessori School 5.8 mi Private PRESCHOOL-K 0 0
      Wilmington Montessori School 5.8 mi Private PRESCHOOL-6 0 5
      Lancashire Elementary School 5.9 mi Public K-5 3-5 4
      Concord Christian Academy 6.2 mi Private PRESCHOOL-12 0 3
      Heritage Elementary School 6.3 mi Public K-5 3-5 4
      Tutor Time Learning Centers 6.4 mi Private PRESCHOOL-K 0 0
      Limestone Hills Day School 6.5 mi Private PRESCHOOL-K 0 0
      Skyline Middle School 6.5 mi Public 6-8 4 5
      Linden Hill Elementary School 6.6 mi Public K-5 4-5 4
      St Mark's High School 6.8 mi Catholic 9-12 0 5
      Talley Middle School 6.9 mi Public 6-8 2 1
      Delaware Skills Center 5,462.0 mi Public UNGRADE-UNGRADE 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Wilmington, DE
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.