Compare: Wilmington vs Elsmere
Home Values in Wilmington and Elsmere
|Zillow Home Value IndexWhat's this?||$115,200||vs||$118,900|
|Median List Price||$116,900||vs||$109,900|
|Median Sale Price||$150,900||vs||$145,100|
|Total Homes Sold in Mar||42 homes||vs||11 homes|
Wilmington, DE tends to be less expensive for home buyers than Elsmere, DE. During the last year, Wilmington home values have risen by 1.9%, while Elsmere home values have fallen by 1.9%. The median sale price in Wilmington is $150,900, but the median listing price was $116,900, a 29.1% increase. Meanwhile in Elsmere, the median selling price is $145,100, and the starting price had a median of $109,900, a 32.0% increase. In March, Wilmington home sellers managed to move 42 houses, while Elsmere saw 11 transactions.
Demographics in Wilmington and Elsmere
|Median Household Income||$35,116||vs||$39,415|
|Homes with Kids||23.0%||vs||27.6%|
|Average Household Size||2.4||vs||2.5|
|Average Commute Time (Minutes)||24||vs||23|
At $39,415, the median income in Elsmere is $4,299 more than in Wilmington, and $5,097 lower than the national average. Wilmington has a younger median age, at 35, compared to 36 in Elsmere, and a longer average commute. The average commute in Elsmere is 23 minutes and the average commute in Wilmington is 24 minutes.