Photo: Quintin Soloviev · CC BY 4.0900 homes sold in Wilmington in the last year, at a typical $231K
Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Wilmington homes are listed.
Every place Wilmington homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Wilmington.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
12% of Wilmington’s sales are condos, at $279K less than a house
61 houses and 111 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 61 sold in 12 months
- Per square foot
- $226DE $207
- Days to sell
- 43
- Sold over asking
- 28%
- Listings with a price cut
- 25%
typical sale · 111 sold in 12 months
- Per square foot
- $234DE $200
- Days to sell
- 53
- Sold over asking
- 12%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 43 sold, typical $322K
Townhouses: 685 sold, typical $224K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.8 times the 2016 price
900 sales in the last year, against 1,506 in 2021 and a low of 899 in 2014. The typical sale went from $127K in 2016 to $231K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Wilmington
Check a listing against what Wilmington homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Wilmington are more common than before the pandemic, but 43% fewer homes come up for sale
We read every month of Wilmington’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 900 sales.
If you’re buying in Wilmington
- Shop in February. It brings about 110 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
- Some room to negotiate. 27% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 98.1% of the list price on average; 25% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 44 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 134 a month), but July is the most competitive: 26% of July sales close over asking. February and March offer nearly as much choice with fewer homes bid up (19%). January has the least competition (19%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Delaware
| Wilmington now | 2017–19 | 2021 peak | DE now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 15% | 29% | 30% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 20% | 49% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 24% | 23% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 98.1% | 95.6% | 98.5% | 99% |
| Days to sellMedian days from listing to contract | 44 | 61 | 32 | 38 |
238 homes for sale on a typical day
That’s 1.5 times the 2023 low (161), 43% fewer than in 2017–19 and well under 2012’s 598.
1 in 4 listings has cut its price
27% in the last year, against 24% in 2017–19 and 26% across Delaware.
Since 2019, houses are up 63%, condos 43%
A house typically sold for $496K in the last year (61 sales), a condo for $217K (111).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Wilmington ranks 18th of 18 busy Delaware markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Wilmington is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Wilmington home costs about $1,360 a month
Price: Wilmington’s typical sale, last 12 months. Property tax at Wilmington’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wilmington is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 77.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $231K home, about $1,860 a year.
Taxes vs. neighborsSchools
The schools grade for Wilmington, from test results, graduation and how much students grow.
Schools in WilmingtonTypical commute
The average one-way trip to work for people who live in Wilmington.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Penns Grove sells for less a square foot; Elsmere, Wilmington Manor, New Castle and Greenville for far more
The busier markets within 25 miles of Wilmington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Wilmington | 900 | $231K | $168 | 25% | 44 |
| Edgemoor | 81 | $284K | $169 | 37% | 38 |
| New Castle | 80 | $381K | $227 | 34% | 51 |
| Elsmere | 71 | $255K | $210 | 35% | 26 |
| Wilmington Manor | 71 | $310K | $224 | 41% | 20 |
| Penns Grove | 49 | $208K | $143 | 39% | 74 |
| Greenville | 29 | $990K | $339 | 31% | 40 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Wilmington, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wilmington. People who follow the town see it, and so do people comparing Wilmington with their own town. No commission, no listing fee.
Questions about buying a home in Wilmington
What do homes sell for in Wilmington, DE?
900 homes sold in the year to May 2026 at a typical $231K, $168 a square foot. Houses sold for about $496K, condos for about $217K.
Is Wilmington a buyer’s or seller’s market?
A seller’s market: 251 homes were for sale in May 2026 and 78 sold, about 3.2 months of supply. Buyers paid 98.1% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Wilmington?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Wilmington?
About 0.8% of a home’s value a year. On a $231K home that’s near $1,860.
Where can I see homes for sale in Wilmington?
Zillow, Redfin, Realtor.com and Homes.com all carry Wilmington’s MLS listings; the search links above open each one filtered to Wilmington.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).