Is Wilmington, DE 19807 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wilmington is a seller’s market. With about 3.2 months of supply and 39% 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.

Competition score65/ 100

More competitive than 68% of U.S. ZIP codes, and #14 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

Months of supply3.2Under 4 months = seller’s market
Sold above original list39.1%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$299▲ +12.0% vs. last year

The Wilmington housing market right now

In the three months ending August 31, 2026, 39% of homes in Wilmington, DE 19807 sold above their list price, the typical home went under contract in 44 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 41%, homes sold more slowly (24 days then) and the median sale price rose 21% to $1,274,449. Overall, Wilmington is less competitive than a year ago, which gives buyers more room.

Within New Castle County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Wilmington ranks #14 of 47 DE ZIP codes with enough sales (score 65 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), while Saint Georges 19733 (50% sold over asking) and Claymont 19703 (48% sold over asking) are even more competitive.

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 →

Where Wilmington is

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Questions about Wilmington real estate

Is Wilmington a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Wilmington, DE 19807 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 44 days in the latest three months.

Do homes in Wilmington sell over asking?

39% of homes sold above their original list price, and the typical sale closed at 100.1% 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 $1,274,449 in the three months ending August 31, 2026, about $299 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