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Wilmington, DE Real Estate


According to census data in the year 2000 there were 32,138 housing units in Wilmington. This represents a 2.9% growth from 31,244 in 1990.

Of those housing units, 32,138 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wilmington is about 50.1%. Wilmington's vacancy rate, including seasonal lodging, is about 11%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Wilmington were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type4%
One Bedroom19.70%
Two Bedrooms23.70%
Three Bedrooms41.20%
Four Bedrooms8.50%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1939
Median Value of occupied units$89,100
Median Price asked for vacant units$73,200

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1951
Median Monthly Rent asked for vacant units$520

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage8.80%
Home Equity Loan8%
Simple Mortgage52.80%
Debt Free29.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%