The housing market in Wilmington, MA is quite robust, with a median value of $653,800 compared to the US median of $338,100. Additionally, there has been an impressive 1 year appreciation rate of 8.08% for homes in Wilmington, which is just slightly lower than the national appreciation rate of 8.27%. With these numbers combined, it's clear that Wilmington is a desirable place to invest in housing and offers great value for homebuyers.
The median home cost in Wilmington is $653,800. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Wilmington is up 12.9%.
Average Age of Homes
- The median age of Wilmington real estate is 44 years old
The Rental Market in Wilmington
- Renters make up 13.5% of the Wilmington population
- 1.4% of houses and apartments in Wilmington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.