Compare: Wilmington vs Elsmere
Home Values in Wilmington and Elsmere
|Zillow Home Value IndexWhat's this?||$118,700||vs||$124,400|
|Median List Price||$119,900||vs||$131,500|
|Median Sale Price||$125,100||vs||$120,000|
|Total Homes Sold in Oct||154 homes||vs||26 homes|
Wilmington, DE tends to be less expensive for home buyers than Elsmere, DE. During the last year, Wilmington home values have risen by 7.5%, while Elsmere home values have risen by 4.7%. The median sale price in Wilmington is $125,100, but the median listing price was $119,900, a 4.3% increase. Meanwhile in Elsmere, the median selling price is $120,000, and the starting price had a median of $131,500, a 8.7% discount. In October, Wilmington home sellers managed to move 154 houses, while Elsmere saw 26 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.
Homes for Sale in Wilmington and Elsmere
Wilmington vs Elsmere