The median sale price of a home in Downtown Wilmington was $160K last month, up 39.1% since last year. The median sale price per square foot in Downtown Wilmington is $144, up 38.5% since last year.
What is the housing market like in Downtown Wilmington today?
In April 2024, Downtown Wilmington home prices were up 39.1% compared to last year, selling for a median price of $160K. On average, homes in Downtown Wilmington sell after 137 days on the market compared to 35 days last year. There were 7 homes sold in April this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$160,000
+39.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Wilmington, DE
$160,000
+39.1%
United States
To compare other locations to the Downtown Wilmington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Wilmington add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Wilmington housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
108.8%
+11.9 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Wilmington, DE
108.8%
+11.9 pt
United States
Home offer insights for Downtown Wilmington
Explore recent offers and recently sold homes in Downtown Wilmington
Recent offers
View houses in Downtown Wilmington that sold recently
Learn about schools in the Downtown Wilmington area
Elementary
Middle
High
GreatSchools Rating
3/10
Stubbs Early Education Center
Public • PreK-K
113
Students
6 reviews
2/10
The Bancroft School
Public • 1-7
373
Students
1 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Wilmington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Wilmington.
Risk Factor
Flood Factor - Severe
41% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Wilmington has a severe risk of flooding. 509 properties in Downtown Wilmington are likely to be
severely affected
by flooding over the next 30 years. This represents 41% of all properties in Downtown Wilmington. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Wilmington has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Wilmington is most at risk from hurricanes. 2,216 properties in Downtown Wilmington have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Wilmington has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Wilmington have a Severe Heat Factor®.
Downtown Wilmington is expected to see a 100% increase in the number of days over 103ºF over the next 30 years. Downtown Wilmington is expected to experience 5