The Forty Acres housing market is very competitive. The median sale price of a home in Forty Acres was $311K last month, up 4.8% since last year. The median sale price per square foot in Forty Acres is $142, down 42.7% since last year.
What is the housing market like in Forty Acres today?
In March 2024, Forty Acres home prices were up 4.8% compared to last year, selling for a median price of $311K. On average, homes in Forty Acres sell after 20 days on the market compared to 28 days last year. There were 2 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$311,250
+4.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Forty Acres, DE
$311,250
+4.8%
United States
To compare other locations to the Forty Acres and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Wilmington add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Forty Acres housing market?
Forty Acres is very competitive. Homes sell in 22 days.
0
100
71
Very Competitive
Redfin Compete Score™
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 22 days.
Hot homes
can sell for about 6% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Forty Acres housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Forty Acres.
Risk Factor
Flood Factor - Major
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Forty Acres has a major risk of flooding. 149 properties in Forty Acres are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in Forty Acres. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Forty Acres has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Forty Acres is most at risk from hurricanes. 738 properties in Forty Acres have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.