Wilmington, DE housing market

New Castle CountyPhiladelphia, PA metroData through Sep 2026
Typical home value
$327K
▲ 1.6% 1 yr
Typical rent
$1,757/mo
▲ 3.1% 1 yr
Gross rent yield
6.4%
U.S. 6.3%
5-year home value change
+27%
U.S. +20%

Key takeaways

  • 1The typical home in Wilmington is worth $327,252, up 1.6% over the past year and up 27% over five years.
  • 2Typical rent is $1,757 a month (+3.1% YoY), a gross rent yield of 6.4% (above the Philadelphia, PA metro's 5.9%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $1,798/mo, $41 more than typical rent.
  • 4Zillow forecasts the Philadelphia, PA metro's home values to change +2.0% over the next 12 months.
Market temperature (Philadelphia, PA metro)
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 52/100, #108 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value, Wilmington
Latest $327K
$218K$252K$286K$320K2016201920222025
Typical monthly rent, Wilmington
Latest $1,757
$1,061$1,277$1,493$1,7092016201920222025

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Wilmington compares

MeasureWilmingtonPhiladelphia, PA metroUnited States
Typical home value$327,252$386,048$366,157
Home value, 1-yr change+1.6%+2.5%+1.2%
Typical rent$1,757$1,903$1,932
Rent, 1-yr change+3.1%+3.3%+2.7%
Gross rent yield6.4%5.9%6.3%
Price-to-rent ratio15.516.915.8
Mortgage P&I, typical home$1,798$2,122$2,012

Run the numbers

Other cities in the Philadelphia, PA metro

Philadelphia, PA metro report →Delaware housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.