Wilmington, MA Housing Market
The Wilmington housing market is most competitive. Homes in Wilmington receive 7 offers on average and sell in around 18 days. The median sale price of a home in Wilmington was $825K last month, up 26.9% since last year. The median sale price per square foot in Wilmington is $412, up 10.6% since last year.
Wilmington Housing Market Trends
In March 2024, Wilmington home prices were up 26.9% compared to last year, selling for a median price of $825K. On average, homes in Wilmington sell after 18 days on the market compared to 11 days last year. There were 8 homes sold in March this year, down from 16 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 4% above list price and go pending in around 18 days.
- Hot homescan sell for about 10% above list price and go pending in around 9 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 3% above list price and go pending in around 14 days.
- Hot homescan sell for about 7% above list price and go pending in around 5 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 3% above list price and go pending in around 22 days.
- Hot homescan sell for about 9% above list price and go pending in around 13 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 San Francisco.
- 82% of Wilmington homebuyers searched to stay within the Wilmington metropolitan area.
- Portland was the most popular destination among Wilmington homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
Home offer insights for Wilmington
Recent offers
- Offer Not Accepted|12 Weeks Ago~$600K OfferSold for $650K3 bd | 2 ba | ~1,500 sqftOver List Price0%Days on Market6Competing Offers—Down Payment~20%
- Offer Not Accepted|12 Weeks Ago~$850K OfferSold for $900K3 bd | 2.5 ba | ~2,000 sqftOver List Price5%Days on Market6Competing Offers7Down Payment~20%
- Offer Not Accepted|12 Weeks Ago~$850K OfferSold for $900K3 bd | 2.5 ba | ~2,000 sqftOver List Price3%Days on Market6Competing Offers22Down Payment~10%
View houses in Wilmington that sold recently
Recently sold homes
- $520,000 Last Sold Price4 beds1.5 baths1,838 sq ft249 Lowell St, Wilmington, MA 01887List Price$479,900Sale to List8% over listDays on Market37 days249 Lowell St, Wilmington, MA 01887
- $840,000 Last Sold Price3 beds2 baths2,000 sq ft22 Allenhurst Way, Wilmington, MA 01887List Price$719,900Sale to List17% over listDays on Market69 days22 Allenhurst Way, Wilmington, MA 01887
- $921,000 Last Sold Price4 beds1.5 baths2,074 sq ft10 Freeport Dr, Wilmington, MA 01887List Price$799,900Sale to List15% over listDays on Market38 days10 Freeport Dr, Wilmington, MA 01887
- $557,000 Last Sold Price2 beds1 bath896 sq ft9 Lake St, Wilmington, MA 01887List Price$450,000Sale to List24% over listDays on Market61 days9 Lake St, Wilmington, MA 01887
- $772,048 Last Sold Price4 beds2 baths1,748 sq ft34 Adams St, Wilmington, MA 01887List Price$695,000Sale to List11% over listDays on Market49 days34 Adams St, Wilmington, MA 01887
- $660,000 Last Sold Price3 beds1 bath1,528 sq ft65 Chestnut St, Wilmington, MA 01887List Price$599,000Sale to List10% over listDays on Market29 days65 Chestnut St, Wilmington, MA 01887
- $843,000 Last Sold Price4 beds2.5 baths2,081 sq ft121 Grove Ave, Wilmington, MA 01887List Price$799,000Sale to List6% over listDays on Market44 days121 Grove Ave, Wilmington, MA 01887
- $640,000 Last Sold Price3 beds1.5 baths1,470 sq ft38 Boutwell St, Wilmington, MA 01887List Price$579,900Sale to List10% over listDays on Market38 days38 Boutwell St, 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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