Wilmington, MA Foreclosures
How much do homes sell for in Wilmington, MA?
The average home price is currently $808,776.
In Wilmington, MA, how many homes are available?
There are currently 7 active home listings available in Wilmington.
What’s the average rental cost in Wilmington, MA?
The average rental price in Wilmington is $2,588.
What is the most expensive home in Wilmington?
The most expensive home sold in Wilmington had a price of $60,314,112.
What is currently the cheapest priced home in Wilmington, MA?
The cheapest home for sale in Wilmington is priced at $74,069.
Living in Wilmington, MA
Wilmington, MA, is a vibrant suburban town renowned for its strong sense of community and excellent schools. It offers beautiful parks and outdoor activities alongside easy access to Boston via public transport. With a variety of family-friendly amenities, Wilmington is an ideal location for those seeking a balance between suburban and urban living.
Current Market Conditions in Wilmington, MA
The real estate market in Wilmington, MA, has shown signs of strong growth over the past few years. The demand for homes has surged as more families seek the spacious living and excellent school systems that Wilmington offers. Homes here typically receive multiple offers, leading to competitive bidding situations and an upward trend in home prices. Investors are recognizing the town's potential, with more new developments being proposed and ongoing renovations of existing properties.
As of late 2023, Wilmington's housing market remains robust, with low inventory pushing prices higher. Despite a slight slowdown in sales activity due to rising interest rates, buyers are still active, demonstrating strong interest in the limited available properties.
Home Value Estimator For Wilmington, MA
There are currently 7,592 real estate properties
in Wilmington, MA,
with a median automated valuation model (AVM) price
of $752,151.00. 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, MA, 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, MA,
is $808,776.00, with the most expensive house
in Wilmington, MA, topping out
at $60,314,112.00 and the cheapest home
in Wilmington, MA,
clocking in at $74,069.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wilmington, MA!
Rent Prices
In Wilmington, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wilmington, MA, is on
a rollercoaster ride. The
average rent price in Wilmington, MA,
is $2,588.00. Indeed, when looking to rent in
Wilmington, MA, you can expect to pay as little
as $1,600.00 or as much
as $5,060.00,
with the average rent median estimated to
be $2,560.00. The good news is that finding
an affordable and desirable property to rent in Wilmington, MA
-- 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.
Learn more on Foreclosure homes
