Wilmington, MA Housing Market
The Wilmington housing market is most competitive. Homes in Wilmington receive 8 offers on average and sell in around 18 days. The median sale price of a home in Wilmington was $723K last month, up 7.9% since last year. The median sale price per square foot in Wilmington is $405, up 12.2% since last year.
Wilmington Housing Market Trends
In April 2024, Wilmington home prices were up 7.9% compared to last year, selling for a median price of $723K. On average, homes in Wilmington sell after 18 days on the market compared to 9 days last year. There were 8 homes sold in April this year, down from 15 last year.
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How hot is the Wilmington housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 8% above list price and go pending in around 15 days.
- Hot homescan sell for about 13% above list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 18 days.
- Hot homescan sell for about 11% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 14 days.
- Hot homescan sell for about 9% above list price and go pending in around 6 days.
Wilmington Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Wilmington from outside metros.
- New York homebuyers searched to move into Wilmington more than any other metro followed by Hartford and Washington.
- 83% of Wilmington homebuyers searched to stay within the Wilmington metropolitan area.
- Portland was the most popular destination among Wilmington homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,455 | ||
2 | 1,575 | ||
3 | 383 | ||
4 | 371 | ||
5 | 279 | ||
6 | 276 | ||
7 | 123 | ||
8 | 34 | ||
9 | 26 | ||
10 | 22 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,341 | ||
2 | 1,554 | ||
3 | 1,475 | ||
4 | 924 | ||
5 | 894 | ||
6 | 865 | ||
7 | 805 | ||
8 | 655 | ||
9 | 395 | ||
10 | 373 |
Home offer insights for Wilmington
Recent offers
- Offer Not Accepted|8 Weeks Ago~$500K OfferSold for $500K4 bd | 1.5 ba | ~1,750 sqftOver List Price4%Days on Market15Competing Offers12Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$1M OfferSold for $1M3 bd | 2.5 ba | ~2,750 sqftOver List Price5%Days on Market6Competing Offers14Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$950K OfferSold for $1M3 bd | 2.5 ba | ~2,750 sqftOver List Price0%Days on Market6Competing Offers10Down Payment~20%
View houses in Wilmington that sold recently
Recently sold homes
- $1,050,000 Last Sold Price4 beds3 baths3,560 sq ft31 Cary St, Wilmington, MA 01887List Price$899,000Sale to List17% over listDays on Market87 days31 Cary St, Wilmington, MA 01887
- $750,000 Last Sold Price3 beds2 baths1,860 sq ft6 Grant St, Wilmington, MA 01887List Price$699,000Sale to List7% over listDays on Market56 days6 Grant St, Wilmington, MA 01887
- $791,000 Last Sold Price3 beds1.5 baths2,038 sq ft35 Shady Lane Dr, Wilmington, MA 01887Redfin Corp.List Price$689,000Sale to List15% over listDays on Market49 days35 Shady Lane Dr, Wilmington, MA 01887
- $805,000 Last Sold Price3 beds2.5 baths2,194 sq ft409 Salem St, Wilmington, MA 01887List Price$725,000Sale to List11% over listDays on Market55 days409 Salem St, Wilmington, MA 01887
- $565,000 Last Sold Price3 beds1.5 baths1,590 sq ft56 Main St, Wilmington, MA 01887List Price$530,000Sale to List7% over listDays on Market78 days56 Main St, Wilmington, MA 01887
- $790,000 Last Sold Price3 beds2 baths1,946 sq ft2 Allen Park Dr, Wilmington, MA 01887Redfin Corp.List Price$699,900Sale to List13% over listDays on Market36 days2 Allen Park Dr, Wilmington, MA 01887
- $680,000 Last Sold Price3 beds2 baths2,000 sq ft17 Salem, Wilmington, MA 01887List Price$579,900Sale to List17% over listDays on Market26 days17 Salem, Wilmington, MA 01887
- $660,000 Last Sold Price4 beds1.5 baths1,382 sq ft18 Hathaway Rd, Wilmington, MA 01887List Price$599,900Sale to List10% over listDays on Market52 days18 Hathaway Rd, Wilmington, MA 01887
See all recently sold homes in Wilmington.
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Schools in Wilmington
- Elementary
- Middle
- High
GreatSchools Rating
8/10 North Intermediate School Public • 4-5 | 246 Students | 2 reviews |
7/10 West Intermediate School Public • 4-5 | 220 Students | N/A |
6/10 Pine Glen Elementary School Public • K-5 | 311 Students | 12 reviews |
6/10 Fox Hill Public • K-5 | 443 Students | 6 reviews |
4/10 Louise Davy Trahan Elementary School Public • 3-4 | 243 Students | 2 reviews |
Climate's impact on Wilmington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Wilmington.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Wilmington
Walk Score®
Bike Score®
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