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Preforeclosure Homes in Wilmington, DE 19808

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Wilmington, DE Foreclosures

How much do homes sell for in Wilmington, DE?
The average home price is currently $408,936.
In Wilmington, DE, how many homes are available?
There are currently 18 active home listings available in Wilmington.
What’s the average rental cost in Wilmington, DE?
The average rental price in Wilmington is $1,563.
What is the most expensive home in Wilmington?
The most expensive home sold in Wilmington had a price of $82,263,976.
What is currently the cheapest priced home in Wilmington, DE?
The cheapest home for sale in Wilmington is priced at $10,016.

Living in Wilmington, DE

Wilmington, DE is a historic city known for its rich history and diverse cultural offerings. With a thriving downtown, scenic parks, and a strong community spirit, it's an ideal place for families and professionals alike. The city also offers easy access to major urban centers and excellent educational institutions.

Current Market Conditions in Wilmington, DE

The real estate market in Wilmington, DE has shown robust growth over the past year, with home prices rising by approximately 12%. This trend reflects the increasing demand for housing in this vibrant urban area, driven by its strategic location and strong job market.

More first-time homebuyers are entering the market, contributing to a diverse array of home types being sold. The town's unique blend of urban and suburban appeals to a wide range of buyers, resulting in competitive bidding situations in popular neighborhoods.

Home Value Estimator For Wilmington, DE

There are currently 77,499 real estate properties in Wilmington, DE, with a median automated valuation model (AVM) price of $350,818.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wilmington, DE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wilmington, DE, is $408,936.00, with the most expensive house in Wilmington, DE, topping out at $82,263,976.00 and the cheapest home in Wilmington, DE, clocking in at $10,016.00. In other words, there’s something for every potential homebuyer or savvy investor in Wilmington, DE!

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.

Wilmington, DE 19808 Preforeclosure Homes


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