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 October. The number of active listings was up 2% from one year earlier, and up 2% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 8%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold decreased 5% year-over-year, and decreased 18% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for Wilmington, DE
Area Information for Wilmington, DE
  • Population: 72,706
  • Median Age: 35.75 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 6,667/sq mi
  • Population Change Since 2000: -.26%
  • Closest Airport: New Castle
  • Closest College: Delaware State University-wilmington
  • Closest Jr. College: Delaware College Of Art And Design
  • Median Household Income: $40,253
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $120,900
  • Closest Major Sports Team: Wilmington Blue Rocks (a)
  • Change Avg. Household Income Since 2000: 22.85%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Wilmington, DE
Median Age: 35.75 Married: 21% Number of Households: 29,402 Households with Children: 7,654
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 School Rating Parent Rating
      Tower Hill School 0.3 mi Private PRESCHOOL-12 0 0
      Highlands Elementary School 0.9 mi Public K-5 1 0
      St Ann School 1.0 mi Catholic PRESCHOOL-8 0 0
      St Anthony School 1.3 mi Catholic PRESCHOOL-8 0 0
      Dupont (alexis I.) High School 1.3 mi Public 9-12 2 3
      Odyssey Charter School 1.4 mi Public K-6 5 0
      Odyssey Charter School Upper Campus 1.4 mi Public 7-9 0 0
      Harvest Christian Academy - Wilmington 1.4 mi Private PRESCHOOL-7 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 0
      Salesianum School 1.7 mi Catholic 9-12 0 0
      Bayard Middle School 1.8 mi Public 6-8 0 0
      Lewis (william C.) Dual Language Elementary School 1.8 mi Public PRESCHOOL-5 2 0
      Astra Zeneca Child Development Center 1.8 mi Private PRESCHOOL-K 0 0
      Warner Elementary School 1.9 mi Public 3-5 0 0
      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 0
      Charter School Of Wilmington 2.0 mi Public 9-12 0 4
      Calloway (cab) School Of The Arts 2.0 mi Public 6-12 5 4
      First State School 2.0 mi Public K-12 0 0
      Sharon Temple Adventist Elementary School 2.2 mi Private K-8 0 0
      St Elizabeth Elementary School 2.2 mi Catholic PRESCHOOL-8 0 0
      St. Elizabeth High School 2.2 mi Catholic 9-12 0 4
      All Saints Catholic School 2.2 mi Catholic PRESCHOOL-8 0 0
      Freire Charter School 2.2 mi Public - 0 0
      Shortlidge (evan G.) Academy 2.2 mi Public PRESCHOOL-2 0 0
      Delaware College Preparatory Academy 2.3 mi Public K-5 0 0
      St Mary Magdalen School 2.4 mi Catholic PRESCHOOL-8 0 0
      Vision Learning Center 2.4 mi Private PRESCHOOL-K 0 0
      Lombardy Elementary School 2.4 mi Public K-5 4 0
      Great Oaks Charter School 2.4 mi Public - 0 0
      Kuumba Academy Charter School 2.4 mi Public K-6 2 0
      Academia Antonia Alonso 2.4 mi Public - 0 0
      Montessori Learning Centre 2.4 mi Private PRESCHOOL-K 0 0
      Alternative School 2.4 mi Private 9-10 0 0
      Dupont (pierre S.) Middle School 2.4 mi Public 6-8 3 0
      First State Montessori Academy 2.5 mi Public K-6 0 0
      St Peter Cathedral School 2.5 mi Catholic PRESCHOOL-8 0 0
      Howard High School Of Technology 2.6 mi Public 9-12 0 4
      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 0
      Harlan (david W. ) Elementary School 2.7 mi Public K-5 1 0
      Bancroft Elementary School 2.7 mi Public PRESCHOOL-5 0 0
      Sarah Pyle Academy 2.7 mi Public 8-12 0 0
      Educational Enrichment Center Inc 2.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Elementary Workshop Montessori School 2.8 mi Private PRESCHOOL-4 0 0
      Concord Preschool And Childcare 2.9 mi Private PRESCHOOL-K 0 0
      Edison (thomas A.) Charter School 2.9 mi Public K-8 1 0
      Urban Promise School 3.0 mi Private PRESCHOOL-6 0 0
      Prestige Academy 3.0 mi Public 5-8 1 0
      Marbrook Elementary School 3.0 mi Public K-5 1 0
      Beacon Of Hope Day Care 3.1 mi Private PRESCHOOL-1 0 0
      The Pilot School 3.1 mi Private K-8 0 0
      Albert Einstein Academy 3.1 mi Private K-5 0 0
      East Side Charter School 3.2 mi Public PRESCHOOL-8 1 0
      Richardson Park Learning Center 3.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Delaware Military Academy 3.3 mi Public 9-12 0 4
      Elbert-palmer Elementary School 3.3 mi Public PRESCHOOL-5 0 0
      Conrad Schools Of Science 3.3 mi Public 6-12 5 4
      Immaculate Heart Of Mary 3.4 mi Catholic PRESCHOOL-8 0 0
      Springer Middle School 3.4 mi Public 6-8 4 0
      Brandywine High School 3.7 mi Public 9-12 3 3
      Mote (anna P.) Elementary School 3.8 mi Public PRESCHOOL-5 1 0
      Richey Elementary School 3.9 mi Public K-5 1 0
      Delcastle Technical High School 3.9 mi Public 9-12 2 3
      Mount Pleasant High School 3.9 mi Public 9-12 4 3
      Faith Preschool And Child Care 4.0 mi Private PRESCHOOL-K 0 0
      Brandywine Springs School 4.2 mi Public K-8 5 0
      Carrcroft Elementary School 4.3 mi Public K-5 3 0
      Mckean (thomas) High School 4.4 mi Public 9-12 0 3
      Mount Pleasant Elementary School 4.5 mi Public K-5 1 4
      Charles W Bush School 4.5 mi Public PRESCHOOL-K 0 0
      Hanby Elementary School 4.5 mi Public K-5 3 0
      Wilmington Junior Academy 4.7 mi Private PRESCHOOL-8 0 0
      St John The Beloved School 4.7 mi Catholic PRESCHOOL-8 0 0
      Forwood Elementary School 4.8 mi Public K-5 3 0
      Layton Preparatory School 4.9 mi Private 9-12 0 0
      Centreville Layton School 4.9 mi Private PRESCHOOL-12 0 0
      Children S House Montessori 5.0 mi Private PRESCHOOL-K 0 0
      Concord High School 5.2 mi Public 9-12 4 4
      Stanton Middle School 5.3 mi Public 6-8 0 0
      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
      The Central School 5.5 mi Public 6-12 0 0
      Dickinson (john) High School 5.6 mi Public 6-12 1 3
      International Montessori School 5.8 mi Private PRESCHOOL-K 0 0
      Wilmington Montessori School 5.8 mi Private PRESCHOOL-6 0 4
      Kinder Care Learning Center Naamans 5.9 mi Private PRESCHOOL-K 0 0
      Lancashire Elementary School 5.9 mi Public K-5 4 0
      Concord Christian Academy 6.2 mi Private PRESCHOOL-12 0 0
      Tutor Time Learning Centers 6.4 mi Private PRESCHOOL-K 0 0
      Skyline Middle School 6.4 mi Public 6-8 2 0
      Heritage Elementary School 6.4 mi Public K-5 3 0
      Limestone Hills Day School 6.5 mi Private PRESCHOOL-K 0 0
      Linden Hill Elementary School 6.5 mi Public K-5 5 0
      St Mark's High School 6.8 mi Catholic 9-12 0 4
      Talley Middle School 6.9 mi Public 6-8 1 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Wilmington, DE
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.