The Southwest Wilmington housing market is somewhat competitive. The median sale price of a home in Southwest Wilmington was $222K last month, down 1.3% since last year. The median sale price per square foot in Southwest Wilmington is $211, up 35.3% since last year.
What is the housing market like in Southwest Wilmington today?
In March 2024, Southwest Wilmington home prices were down 1.3% compared to last year, selling for a median price of $222K. On average, homes in Southwest Wilmington sell after 46 days on the market compared to 7 days last year. There were 10 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$222,000
-1.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Wilmington, DE
$222,000
-1.3%
United States
To compare other locations to the Southwest Wilmington 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.
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How hot is the Southwest Wilmington housing market?
Southwest Wilmington is somewhat competitive. Homes sell in 34 days.
0
100
68
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 34 days.
Hot homes
can sell for around list price and go pending in around 16 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
1/10
The Bayard School
Public • 1-8
325
Students
N/A
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 Southwest Wilmington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Wilmington.
Risk Factor
Flood Factor - Major
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Wilmington has a major risk of flooding. 271 properties in Southwest Wilmington are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in Southwest Wilmington. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Wilmington has a minor risk of wildfire. There are 11 properties in Southwest Wilmington that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Southwest Wilmington.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Wilmington has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Wilmington is most at risk from hurricanes. 1,628 properties in Southwest Wilmington 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Southwest Wilmington has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Wilmington have a Severe Heat Factor®.
Southwest Wilmington is expected to see a 114% increase in the number of days over 103ºF over the next 30 years. Southwest Wilmington is expected to experience 6