Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wilmington area can be challenging. Home prices in Wilmington are now at a median cost of $236,943, lower than the New York average of $481,023.
The average cost of rent is $1,034/mo in Wilmington, primarily driven by the current value of real estate in the Wilmington area. While nearly 49.66% of residents own their homes outright in Wilmington, 16.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wilmington is $5,891 per month. Households that rent pay about 17.55% of their income on rent here. Wilmington's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Upper Jay, NY: less expensive homes
- Jay, NY: less expensive homes
- Hawkeye, NY: less expensive homes
- Black Brook, NY: less expensive homes
- North Jay, NY: less expensive homes
- Au Sable Forks, NY: less expensive homes
- Keene, NY: higher priced homes
- Franklin Falls, NY: less expensive homes
- Union Falls, NY: less expensive homes
- Lake Placid, NY: higher priced homes
Cities with Similar Populations
- Dares Beach, MD: higher priced homes
- Elizabeth, MN: higher priced homes
- Eldridge, AL: less expensive homes
- Economy, IN: less expensive homes
- East Durham, NY: less expensive homes
- Duff, TN: less expensive homes
- Dry Creek, LA: less expensive homes
- Dodge, TX: less expensive homes
- Deason, TN: less expensive homes
- Wall Lake, IA: less expensive homes
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