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Wilmington Delaware Housing Market Overview

The Wilmington, DE real estate market presents unique opportunities for homeowners considering a sale. Recent data shows the median sale price in Wilmington stands at $254,000, reflecting a modest 2.9% decrease from the previous year. The price per square foot has increased by 5.7% to $186, indicating steady underlying market strength despite some fluctuations.

Wilmington homes are moving relatively quickly, spending an average of 29 days on the market and typically receiving 5 offers per property. Notably, 43.8% of homes sold above their list price, with an average sale-to-list ratio of 100.7%. These numbers suggest a competitive market environment, particularly for well-priced properties. While the local median sale price sits 41% below the national average, Wilmington’s strong walkability score of 74/100 and growing community appeal continue to attract buyers across New Castle County. For homeowners considering a sale, these market indicators point to favorable conditions, especially when working with buyers who can offer quick, hassle-free closings.

Why now is a good time to sell your property in Wilmington Delaware

We serve the entire New Castle County area, including Wilmington, Newark, and Hockessin. Our comprehensive knowledge includes key neighborhoods such as Trolley Square, Little Italy, Cool Spring, Union Park Gardens, and The Triangle, covering all types of properties—single-family homes, multi-family units, townhouses, and condominiums. We are familiar with Wilmington’s diverse housing stock and the unique challenges it presents, from foundation issues to water damage. This local insight ensures that transactions are smooth and tailored to each property and individual situation.

Experience a Better Way to Sell Your Wilmington Home

Benefits of Owner Advocate

Benefits of Owner Advocate

While traditional sales in Wilmington average 29 days on the market, our streamlined process delivers speed and certainty during your most pressing times.
Our process includes several key steps. First, a quick consultation allows you to share details about your situation and property. This is followed by a home evaluation where we assess your home as-is—no repairs needed. Then, we present a cash offer within 72 hours based on current local market values. Finally, you can choose your closing date to receive cash in as few as 10 days. From New Castle to Newark, our process prioritizes transparency and hassle-free transactions. We manage all necessary paperwork and closing costs, ensuring no hidden fees or commissions. You maintain control over the timeline while we handle the details.
$254,000
Median Sale Price
100.7%
List Price to Sale Price Ratio
29
Median Days on Market
$186
Price Per Square Foot
43.8%
Percent of Sales Over List Price
27.9%
Percent of Listings with Price Cuts
73
Number of Homes Sold (Month)
-41%
National Price Comparison
4%
Cost of Living vs National
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Wilmington Key Takeaways
Median Sale Price:
$254,000
Scottsdale housing market is changing
$254,000
The average home value is $254,000 and goes to pending in around 29 days.
29
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Wilmington Delaware?

Common situations that may prompt a quick sale include urgent relocations, foreclosure risk, properties needing repairs, inherited homes, challenging tenant situations, and ongoing financial challenges. We can connect you with tailored solutions. Whether you’re in Hockessin managing an inherited property or in New Castle dealing with necessary repairs, our network of buyers provides the quick resolution you need. We understand Wilmington’s unique market dynamics and can help you move forward without the stress of a lengthy traditional sale process.

Frequently Asked Questions About Selling Your Wilmington Home

Q: How quickly can you close on my house in Wilmington?

A: We can close in as few as 10 days, compared to the typical 30-45-day timeline for traditional closings. You have the flexibility to choose the timeline that suits you best.

Get Top Dollar for your Home

Are you ready for a fast, hassle-free sale of your home in Wilmington? With the median sale price of $254,000 and homes spending an average of 29 days on the market, now presents an excellent opportunity for a sale. Connect with cash buyers in 72 hours and close in as little as 10 days through our local network.
Bypass the traditional selling process with: no repairs, no agent commissions, no closing costs, and no lengthy delays. Whether you reside in Trolley Square, Little Italy, or any Wilmington neighborhood, we buy homes in any condition. Obtain your cash offer today and sell your Wilmington home quickly, confidently, and without surprises.