Home prices
The median home cost in Wilmington is $168,000. Compared to the surrounding areas it is about $16,700 (9%) lower.It is roughly $49,500 (22%) lower in comparison to the nation as a whole, and is roughly $5,000 (3%) higher compared to the city of Philadelphia.
Rents
Wilmington's median rent is $1,001 per month. It is about $53 (4%) lower in comparison to its nearby areas.In comparison to the United States as a whole it is about $61 (5%) lower, and is roughly $41 (3%) lower in comparison to the city of Philadelphia.
Nearby places
Edgemoor
Edgemoor is Wilmington's neighbor to the northeast. The housing prices there are a bit more expensive. The median home cost in Edgemoor is $184,700, which is $16,700 (9%) higher than Wilmington. The rent there is a little more expensive. In Edgemoor the median monthly rent is $1,110, which is $109 (9%) higher than Wilmington.
Elsmere
Elsmere is Wilmington's neighbor to the west. The real estate prices there are pretty similar. The median home cost in Elsmere is $174,700, which works out to $6,700 (3%) higher than Wilmington. Rent there is pretty similar. Elsmere's median monthly rent is $1,035, which is $34 (3%) higher than Wilmington.
Bellefonte
Bellefonte is about 2 miles northeast from Wilmington. Its housing prices are a little more expensive. Bellefonte's median home value is $226,300, which works out to $58,300 (25%) higher than Wilmington. Its rents are a bit more expensive. Bellefonte's median monthly rent is $1,078, which comes out to $77 (7%) higher than Wilmington.
Penns Grove
Penns Grove is approximately 3 miles east from Wilmington. Housing prices there are substantially less expensive. The median home in Penns Grove is valued at $127,000, which is $41,000 (32%) lower than Wilmington. Its rents are fairly similar. Penns Grove's median monthly rent is $1,028, which comes out to $27 (2%) higher than Wilmington.
Newport
Newport is roughly 3 miles southwest of Wilmington. Housing prices there are a little more expensive. The value of the median home in Newport is $210,800, which works out to $42,800 (20%) higher than Wilmington. Rents there are pretty similar. In Newport the median monthly rent is $1,017, which is $16 (1%) higher than Wilmington.
