Foreclosure Homes in Wilmington, DE 19801

Current Market Conditions in Wilmington, DE

The real estate market in Wilmington is trending positively, with a consistent increase in home values over the past few years. The demand for housing has grown, particularly in desirable neighborhoods, leading to a tight inventory and increased competition among buyers.

Wilmington offers a diverse range of properties, from historic homes to modern apartments, making it accessible to various price points. Investors are particularly keen on the rental market, capitalizing on the growing population and job opportunities in the area.

Rent Prices In Wilmington, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wilmington, DE, is on a rollercoaster ride. The average rent price in Wilmington, DE, is $1,563.00. Indeed, when looking to rent in Wilmington, DE, you can expect to pay as little as $730.00 or as much as $4,480.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Wilmington, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.