Is Wilmington, DE 19804 a buyer’s or seller’s market?
Wilmington is a seller’s market. With about 1.4 months of supply and 48% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 92% of U.S. ZIP codes, and #1 of 47 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wilmington housing market right now
In the three months ending August 31, 2026, 48% of homes in Wilmington, DE 19804 sold above their list price, the typical home went under contract in 18 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 60 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold faster (20 days then) and the median sale price held steady to $323,360. Overall, Wilmington is about as competitive as it was a year ago.
Within New Castle County, homes here sell faster than in 95% of the county’s ZIP codes, and sell more often over asking than in 90%. On our competition score, Wilmington ranks #1 of 47 DE ZIP codes with enough sales (score 87 out of 100).
Nearby, buyers who want less competition could look at Odessa 19730 (0% sold over asking) or Delaware City 19706 (14% sold over asking).
Run the numbers for 19804
Nearby markets
Bear 19701Seller’s market $206 /sq ftClaymont 19703Seller’s market $223 /sq ftDelaware City 19706Balanced $218 /sq ftHockessin 19707Seller’s market $211 /sq ft Browse all markets →Towns like Wilmington nearby
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Questions about Wilmington real estate
Is Wilmington a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Wilmington, DE 19804 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wilmington?
The typical home went under contract in 18 days in the latest three months.
Do homes in Wilmington sell over asking?
48% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Wilmington?
About 0.71% of a home’s value a year in New Castle County, or roughly $2,840 on a $400,000 home.
What is the median home price in Wilmington?
The median sale price was $323,360 in the three months ending August 31, 2026, about $219 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology