Foreclosure Homes in Wilmington, DE 19803

Current Market Conditions in Wilmington, DE

The real estate market in Wilmington is currently favorable for investors, with property values showing a steady increase over the past few years. With a diverse economy and a growing job market, the demand for housing continues to rise, making it an attractive location for residential investments.

Additionally, Wilmington has seen an influx of new businesses and developments, contributing to its economic growth. This trend signifies a strong potential for appreciation in property values, making it an appealing option for real estate investment.

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.