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Wilmington, DE

Full City Profile · Delaware · New Castle County County

3.0 /5.0
B Good
71,124 Population 6,525/sq mi density
$55,269 Median Income $38,786 per capita
$224,500 Home Value $321,158 Zillow
$1,187 Median Rent 31.4% income on rent
53°F Avg Temperature 290 sunny days/yr
1,498 Violent Crime/100K 4,460 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$55,269 median income, 4.9% unemployment
A
Affordability
4.4 / 5.0
$224,500 home value, $1,187/mo rent
F
Safety
1.0 / 5.0
1,498 violent crimes/100K (294% above avg)
B+
Education
3.6 / 5.0
33.1% bachelor's degree or higher

Housing Overview

Median Home Value
$224,500
20% below
US avg: $281,900
Median Rent
$1,187/mo
2% above
US avg: $1,163/mo
Homeownership Rate
46.0%
30% below US avg (65.4%)
Total Housing Units
35,664
Median year built: 1944

Home Value by Source

Census Median
$224,500
Zillow (ZHVI)
$321,158
Median Sale Price
$224,950
Median List Price
$239,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

46.0%
Owner-Occupied
54.0%
Renter-Occupied
46%
54%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,205/mo
1 Bedroom
$1,250/mo
2 Bedroom
$1,560/mo
3 Bedroom
$1,990/mo
4 Bedroom
$2,293/mo
Census median rent: $1,187/mo · Zillow rent: $1,764/mo

Market Indicators (Redfin)

Median Days on Market
57 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
56
Price Drops
20.2%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
208
homes for sale

Affordability & Housing Stock

Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
46.0%

Complete Housing Data

Home Values

Census Median Value$224,500
Zillow Home Value (ZHVI)$321,158
Median Sale Price$224,950
Median List Price$239,900
Price Per Sq Ft$171

Rent

Census Median Rent$1,187
Zillow Rent (ZORI)$1,764
FMR Studio$1,205
FMR 1-Bedroom$1,250
FMR 2-Bedroom$1,560
FMR 3-Bedroom$1,990
FMR 4-Bedroom$2,293

Market

Days on Market57
Sale-to-List Ratio1.0%
Price Drops20.2%
Homes Sold56
Active Inventory208
Price Per Sq Ft$171

Ownership & Stock

Owner-Occupied46.0%
Renter-Occupied54.0%
Homeownership Rate46.0%
Total Housing Units35,664
Median Year Built1944
Rent Burden31.4%