Wilmington
DE
Cultural diversity
Waterfront parks
Thriving arts scene
Community events
Historic charm
Wilmington offers a vibrant blend of urban living and natural beauty, making it an ideal choice for homebuyers. With its rich history, diverse culture, and thriving arts scene, residents enjoy a lively atmosphere. The city boasts beautiful parks, waterfront views, and a variety of dining and shopping options. Excellent schools and a strong sense of community further enhance its appeal, making Wilmington a great place to call home.
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Average Sales Price
$424,990
Median Sales Price
$324,526
Population
228,928
Total Listings
806
Demographics
Data provided by Attom Data
Population
Employment
Population
228.9K
228.9K in 2020
Density
2.4K
per square mile
Households
92.8K
Total households
Gender
48% / 52%
Men Vs Women
Occupancy
67% / 33%
Owned Vs Rented
Age Median: Years
Education Level
Educational Environment
Elementary Schools (69)Middle Schools (41)High Schools (26)
Name
Category
Grades
Library
Ratio
9/10
Odyssey Charter School
201 Bayard Ave, Wilmington, DE 19805
Public
KG - 6
No
10:1 STUDENTS/TEACHERS
8/10
Brandywine Springs School
2916 Duncan Rd, Wilmington, DE 19808
Public
KG - 8
No
17:1 STUDENTS/TEACHERS
8/10
Linden Hill Elementary School
3415 Skyline Dr, Wilmington, DE 19808
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
7/10
Lancashire Elementary School
2000 Naamans Rd, Wilmington, DE 19810
Public
KG - 5
No
17:1 STUDENTS/TEACHERS
7/10
Hanby Elementary School
2523 Berwyn Rd, Wilmington, DE 19810
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
6/10
Lombardy Elementary School
412 Foulk Rd, Wilmington, DE 19803
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
5/10
Forwood Elementary School
1900 Westminster Dr, Wilmington, DE 19810
Public
KG - 5
No
17:1 STUDENTS/TEACHERS
5/10
Carrcroft Elementary School
503 Crest Rd, Wilmington, DE 19803
Public
KG - 5
No
15:1 STUDENTS/TEACHERS
5/10
Kuumba Academy Charter School
519 N Market St, Wilmington, DE 19801
Public
KG - 6
No
15:1 STUDENTS/TEACHERS
5/10
Heritage Elementary School
2815 Highlands Ln, Wilmington, DE 19808
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
4/10
Mount Pleasant Elementary School
500 Duncan Rd Ofc, Wilmington, DE 19809
Public
KG - 5
No
15:1 STUDENTS/TEACHERS
4/10
Richey Elementary School
105 E Highland Ave, Wilmington, DE 19804
Public
KG - 5
No
14:1 STUDENTS/TEACHERS
4/10
William C. Lewis Dual Language Elementary School
920 N Van Buren St, Wilmington, DE 19806
Public
KG - 5
No
14:1 STUDENTS/TEACHERS
2/10
Marbrook Elementary School
2101 Centerville Rd, Wilmington, DE 19808
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
2/10
East Side Charter School
3000 N Claymont St, Wilmington, DE 19802
Public
KG - 8
No
12:1 STUDENTS/TEACHERS
2/10
Edison (Thomas A.) Charter School
2200 N Locust St, Wilmington, DE 19802
Public
KG - 8
No
13:1 STUDENTS/TEACHERS
2/10
First State School
501 W 14th St, Wilmington, DE 19801
Public
KG - 12
No
5:1 STUDENTS/TEACHERS
2/10
Harlan (David W. ) Elementary School
3601 N Jefferson St, Wilmington, DE 19802
Public
KG - 5
No
12:1 STUDENTS/TEACHERS
1/10
Mote (Anna P.) Elementary School
2110 Edwards Ave, Wilmington, DE 19808
Public
PK - 5
No
13:1 STUDENTS/TEACHERS
1/10
Richardson Park Elementary School
16 Idella Ave, Wilmington, DE 19804
Public
KG - 5
No
14:1 STUDENTS/TEACHERS
1/10
Baltz (Austin D.) Elementary School
1500 Spruce Ave, Wilmington, DE 19805
Public
PK - 5
No
12:1 STUDENTS/TEACHERS
1/10
Warner Elementary School
801 W 18th St, Wilmington, DE 19802
Public
KG - 5
No
10:1 STUDENTS/TEACHERS
1/10
Pulaski (Casimir) Elementary School
1300 Cedar St, Wilmington, DE 19805
Public
PK - 5
No
15:1 STUDENTS/TEACHERS
1/10
Highlands Elementary School
2100 Gilpin Ave, Wilmington, DE 19806
Public
KG - 5
No
14:1 STUDENTS/TEACHERS
0/10
Developing Minds Preschool and Learning Center
2106 Saint James Church Rd, Wilmington, DE 19808
Private
PK - KG
No
1:1 STUDENTS/TEACHERS
0/10
The Pilot School
100 Garden Of Eden Rd, Wilmington, DE 19803
Private
KG - 8
Yes
9:1 STUDENTS/TEACHERS
0/10
Immaculate Heart of Mary
1000 Shipley Rd, Wilmington, DE 19803
Private
PK - 8
Yes
19:1 STUDENTS/TEACHERS
0/10
St Edmond's Academy
2120 Veale Rd, Wilmington, DE 19810
Private
PK - 8
Yes
6:1 STUDENTS/TEACHERS
0/10
St John the Beloved School
905 Milltown Rd Ste 1, Wilmington, DE 19808
Private
PK - 8
Yes
19:1 STUDENTS/TEACHERS
0/10
St Mary Magdalen School
9 Sharpley Rd, Wilmington, DE 19803
Private
PK - 8
Yes
18:1 STUDENTS/TEACHERS
0/10
Wilmington Friends School
101 School Rd, Wilmington, DE 19803
Private
PK - 12
Yes
10:1 STUDENTS/TEACHERS
0/10
Albert Einstein Academy
101 Garden Of Eden Rd Ste 104, Wilmington, DE 19803
Private
KG - 5
Yes
4:1 STUDENTS/TEACHERS
0/10
Wilmington Junior Academy
3001 Millcreek Rd, Wilmington, DE 19808
Private
KG - 8
No
6:1 STUDENTS/TEACHERS
0/10
Astrazeneca Child Development Center
1920 Rockland Rd, Wilmington, DE 19803
Private
KG - KG
No
7:1 STUDENTS/TEACHERS
0/10
Brandywine Valley Christian Presch
7 Mount Lebanon Rd, Wilmington, DE 19803
Private
PK - KG
No
5:1 STUDENTS/TEACHERS
0/10
Children S House Montessori
2848 Grubb Rd, Wilmington, DE 19810
Private
PK - TKG
Yes
2:1 STUDENTS/TEACHERS
0/10
Wilmington Montessori School
1400 Harvey Rd, Wilmington, DE 19810
Private
PK - 6
Yes
6:1 STUDENTS/TEACHERS
0/10
Concord Preschool and Childcare
1800 Fairfax Blvd, Wilmington, DE 19803
Private
PK - KG
Yes
7:1 STUDENTS/TEACHERS
0/10
Faith Preschool & Child Care
720 Marsh Rd, Wilmington, DE 19803
Private
PK - KG
Yes
3:1 STUDENTS/TEACHERS
0/10
Montessori Learning Centre
2313 Concord Pike, Wilmington, DE 19803
Private
PK - KG
Yes
3:1 STUDENTS/TEACHERS
0/10
Gateway Lab School
2501 Centerville Rd, Wilmington, DE 19808
Public
3 - 8
No
10:1 STUDENTS/TEACHERS
0/10
Bush (Charles W.) School
2523 Berwyn Rd, Wilmington, DE 19810
Public
PK - KG
No
13:1 STUDENTS/TEACHERS
0/10
Richardson Park Learning Center
99 Middleboro Rd, Wilmington, DE 19804
Public
PK - 5
No
8:1 STUDENTS/TEACHERS
0/10
St Anthony of Padua Grade School
1715 W 9th St, Wilmington, DE 19805
Private
PK - 8
Yes
15:1 STUDENTS/TEACHERS
0/10
All Saints Catholic School
907 New Rd, Wilmington, DE 19805
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
St Ann School
2006 Shallcross Ave, Wilmington, DE 19806
Private
PK - 8
Yes
18:1 STUDENTS/TEACHERS
0/10
St Peter Cathedral School
310 W 6th St, Wilmington, DE 19801
Private
PK - 8
Yes
14:1 STUDENTS/TEACHERS
0/10
Ursuline Academy (PK-12)
1106 Pennsylvania Ave, Wilmington, DE 19806
Private
PK - 12
Yes
7:1 STUDENTS/TEACHERS
0/10
Tower Hill School
2813 W 17th St, Wilmington, DE 19806
Private
PK - 12
Yes
7:1 STUDENTS/TEACHERS
0/10
St Elizabeth Elementary School
1500 Cedar St, Wilmington, DE 19805
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
The Independence School
1300 Paper Mill Rd, Newark, DE 19711
Private
PK - 8
Yes
11:1 STUDENTS/TEACHERS
0/10
Sharon Temple Adventist School
2001 N Washington St, Wilmington, DE 19802
Private
KG - 8
Yes
5:1 STUDENTS/TEACHERS
0/10
Nativity Preparatory School of Wilmington
1515 Linden St, Wilmington, DE 19805
Private
5 - 8
Yes
7:1 STUDENTS/TEACHERS
0/10
Zion Early Education Center
2101 Lancaster Ave, Wilmington, DE 19805
Private
PK - KG
No
6:1 STUDENTS/TEACHERS
0/10
Harvest Christian Academy - Wilmington
2205 Lancaster Ave, Wilmington, DE 19805
Private
PK - 7
Yes
23:1 STUDENTS/TEACHERS
0/10
Limestone Hills Day School
5671 Ocheltree Ln, Wilmington, DE 19808
Private
KG - KG
Yes
2:1 STUDENTS/TEACHERS
0/10
Urban Promise School
2401 Thatcher St, Wilmington, DE 19802
Private
PK - 6
Yes
6:1 STUDENTS/TEACHERS
0/10
Maranatha Christian Academy
4003 N Market St, Wilmington, DE 19802
Private
PK - KG
Yes
1:1 STUDENTS/TEACHERS
0/10
Learning Laboratory
2200 Baynard Blvd, Wilmington, DE 19802
Private
PK - TKG
No
4:1 STUDENTS/TEACHERS
0/10
St Michael's School & Nursery
700 N Walnut St, Wilmington, DE 19801
Private
PK - 2
Yes
9:1 STUDENTS/TEACHERS
0/10
Delaware College Preparatory Academy
510 W 28th St, Wilmington, DE 19802
Public
KG - 4
No
20:1 STUDENTS/TEACHERS
0/10
Prestige Academy
1121 Thatcher St, Wilmington, DE 19802
Public
5 - 8
No
14:1 STUDENTS/TEACHERS
0/10
Elbert-Palmer Elementary School
1210 Lobdell St, Wilmington, DE 19801
Public
PK - 5
No
12:1 STUDENTS/TEACHERS
0/10
Stubbs (Frederick Douglass) Elementary School
1100 N Pine St, Wilmington, DE 19801
Public
KG - 5
No
14:1 STUDENTS/TEACHERS
0/10
Douglass School
1800 Prospect Rd, Wilmington, DE 19805
Public
KG - 12
No
5:1 STUDENTS/TEACHERS
0/10
Bancroft Elementary School
700 N Lombard St, Wilmington, DE 19801
Public
PK - 5
No
11:1 STUDENTS/TEACHERS
0/10
Shortlidge (Evan G.) Academy
100 W 18th St, Wilmington, DE 19802
Public
KG - 5
No
10:1 STUDENTS/TEACHERS
0/10
High Road School of Delaware
2002 Rodman Rd, Wilmington, DE 19805
Private
4 - 12
Yes
9:1 STUDENTS/TEACHERS
0/10
Tutor Time Learning Centers
5305 Limestone Rd, Wilmington, DE 19808
Private
PK - KG
No
8:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
9/10
Calloway (Cab) School of the Arts
100 N Dupont Rd, Wilmington, DE 19807
Public
6 - 12
No
19:1 STUDENTS/TEACHERS
8/10
Conrad Schools of Science
201 Jackson Ave, Wilmington, DE 19804
Public
6 - 12
No
19:1 STUDENTS/TEACHERS
8/10
Brandywine Springs School
2916 Duncan Rd, Wilmington, DE 19808
Public
KG - 8
No
17:1 STUDENTS/TEACHERS
6/10
Springer Middle School
2220 Shipley Rd, Wilmington, DE 19803
Public
6 - 8
No
14:1 STUDENTS/TEACHERS
5/10
Delcastle Technical High School
1417 Newport Rd, Wilmington, DE 19804
Public
8 - 12
No
13:1 STUDENTS/TEACHERS
5/10
Howard High School of Technology
401 E 12th St, Wilmington, DE 19801
Public
8 - 12
No
14:1 STUDENTS/TEACHERS
5/10
Dupont (Pierre S.) Middle School
701 W 34th St, Wilmington, DE 19802
Public
6 - 8
No
13:1 STUDENTS/TEACHERS
5/10
Skyline Middle School
2900 Skyline Dr, Wilmington, DE 19808
Public
6 - 8
No
19:1 STUDENTS/TEACHERS
2/10
East Side Charter School
3000 N Claymont St, Wilmington, DE 19802
Public
KG - 8
No
12:1 STUDENTS/TEACHERS
2/10
Edison (Thomas A.) Charter School
2200 N Locust St, Wilmington, DE 19802
Public
KG - 8
No
13:1 STUDENTS/TEACHERS
2/10
First State School
501 W 14th St, Wilmington, DE 19801
Public
KG - 12
No
5:1 STUDENTS/TEACHERS
1/10
Dupont (Alexis I.) Middle School
3130 Kennett Pike, Wilmington, DE 19807
Public
6 - 8
No
13:1 STUDENTS/TEACHERS
1/10
Stanton Middle School
1800 Limestone Rd, Wilmington, DE 19804
Public
6 - 8
No
16:1 STUDENTS/TEACHERS
1/10
McKean (Thomas) High School
301 Mckennans Church Rd, Wilmington, DE 19808
Public
8 - 12
No
14:1 STUDENTS/TEACHERS
1/10
Talley Middle School
1110 Cypress Rd, Wilmington, DE 19810
Public
6 - 8
No
14:1 STUDENTS/TEACHERS
0/10
The Pilot School
100 Garden Of Eden Rd, Wilmington, DE 19803
Private
KG - 8
Yes
9:1 STUDENTS/TEACHERS
0/10
Immaculate Heart of Mary
1000 Shipley Rd, Wilmington, DE 19803
Private
PK - 8
Yes
19:1 STUDENTS/TEACHERS
0/10
St Edmond's Academy
2120 Veale Rd, Wilmington, DE 19810
Private
PK - 8
Yes
6:1 STUDENTS/TEACHERS
0/10
St John the Beloved School
905 Milltown Rd Ste 1, Wilmington, DE 19808
Private
PK - 8
Yes
19:1 STUDENTS/TEACHERS
0/10
St Mary Magdalen School
9 Sharpley Rd, Wilmington, DE 19803
Private
PK - 8
Yes
18:1 STUDENTS/TEACHERS
0/10
Wilmington Friends School
101 School Rd, Wilmington, DE 19803
Private
PK - 12
Yes
10:1 STUDENTS/TEACHERS
0/10
Wilmington Junior Academy
3001 Millcreek Rd, Wilmington, DE 19808
Private
KG - 8
No
6:1 STUDENTS/TEACHERS
0/10
Towle Institute
199 Polly Drummond Hill Rd, Newark, DE 19711
Private
6 - 12
No
8:1 STUDENTS/TEACHERS
0/10
Gateway Lab School
2501 Centerville Rd, Wilmington, DE 19808
Public
3 - 8
No
10:1 STUDENTS/TEACHERS
0/10
Central School (The)
1621 Telegraph Rd, Wilmington, DE 19804
Public
6 - 12
No
7:1 STUDENTS/TEACHERS
0/10
St Anthony of Padua Grade School
1715 W 9th St, Wilmington, DE 19805
Private
PK - 8
Yes
15:1 STUDENTS/TEACHERS
0/10
All Saints Catholic School
907 New Rd, Wilmington, DE 19805
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
St Ann School
2006 Shallcross Ave, Wilmington, DE 19806
Private
PK - 8
Yes
18:1 STUDENTS/TEACHERS
0/10
St Peter Cathedral School
310 W 6th St, Wilmington, DE 19801
Private
PK - 8
Yes
14:1 STUDENTS/TEACHERS
0/10
Ursuline Academy (PK-12)
1106 Pennsylvania Ave, Wilmington, DE 19806
Private
PK - 12
Yes
7:1 STUDENTS/TEACHERS
0/10
Tower Hill School
2813 W 17th St, Wilmington, DE 19806
Private
PK - 12
Yes
7:1 STUDENTS/TEACHERS
0/10
St Elizabeth Elementary School
1500 Cedar St, Wilmington, DE 19805
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
The Independence School
1300 Paper Mill Rd, Newark, DE 19711
Private
PK - 8
Yes
11:1 STUDENTS/TEACHERS
0/10
Sharon Temple Adventist School
2001 N Washington St, Wilmington, DE 19802
Private
KG - 8
Yes
5:1 STUDENTS/TEACHERS
0/10
Nativity Preparatory School of Wilmington
1515 Linden St, Wilmington, DE 19805
Private
5 - 8
Yes
7:1 STUDENTS/TEACHERS
0/10
Harvest Christian Academy - Wilmington
2205 Lancaster Ave, Wilmington, DE 19805
Private
PK - 7
Yes
23:1 STUDENTS/TEACHERS
0/10
Moyer (Maurice J.) Academy
610 E 17th St, Wilmington, DE 19802
Public
6 - 12
No
15:1 STUDENTS/TEACHERS
0/10
Prestige Academy
1121 Thatcher St, Wilmington, DE 19802
Public
5 - 8
No
14:1 STUDENTS/TEACHERS
0/10
Bayard Middle School
200 S Dupont St, Wilmington, DE 19805
Public
6 - 8
No
11:1 STUDENTS/TEACHERS
0/10
Douglass School
1800 Prospect Rd, Wilmington, DE 19805
Public
KG - 12
No
5:1 STUDENTS/TEACHERS
0/10
High Road School of Delaware
2002 Rodman Rd, Wilmington, DE 19805
Private
4 - 12
Yes
9:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
10/10
Charter School of Wilmington
100 N Dupont Rd, Wilmington, DE 19807
Public
9 - 12
No
5:1 STUDENTS/TEACHERS
9/10
Calloway (Cab) School of the Arts
100 N Dupont Rd, Wilmington, DE 19807
Public
6 - 12
No
19:1 STUDENTS/TEACHERS
8/10
Conrad Schools of Science
201 Jackson Ave, Wilmington, DE 19804
Public
6 - 12
No
19:1 STUDENTS/TEACHERS
7/10
Delaware Military Academy
112 Middleboro Rd, Wilmington, DE 19804
Public
9 - 12
No
23:1 STUDENTS/TEACHERS
7/10
Concord High School
2501 Ebright Rd, Wilmington, DE 19810
Public
9 - 12
No
15:1 STUDENTS/TEACHERS
7/10
Mount Pleasant High School
5201 Washington St Extensi, Wilmington, DE 19809
Public
9 - 12
No
14:1 STUDENTS/TEACHERS
5/10
Delcastle Technical High School
1417 Newport Rd, Wilmington, DE 19804
Public
8 - 12
No
13:1 STUDENTS/TEACHERS
5/10
Brandywine High School
1400 Foulk Rd, Wilmington, DE 19803
Public
9 - 12
No
14:1 STUDENTS/TEACHERS
5/10
Howard High School of Technology
401 E 12th St, Wilmington, DE 19801
Public
8 - 12
No
14:1 STUDENTS/TEACHERS
5/10
Dupont (Alexis I.) High School
50 Hillside Rd, Wilmington, DE 19807
Public
9 - 12
No
15:1 STUDENTS/TEACHERS
4/10
Dickinson (John) High School
1801 Milltown Rd, Wilmington, DE 19808
Public
9 - 12
No
16:1 STUDENTS/TEACHERS
2/10
First State School
501 W 14th St, Wilmington, DE 19801
Public
KG - 12
No
5:1 STUDENTS/TEACHERS
1/10
McKean (Thomas) High School
301 Mckennans Church Rd, Wilmington, DE 19808
Public
8 - 12
No
14:1 STUDENTS/TEACHERS
0/10
St Mark's High School
2501 Pike Creek Rd, Wilmington, DE 19808
Private
9 - 12
Yes
11:1 STUDENTS/TEACHERS
0/10
Wilmington Friends School
101 School Rd, Wilmington, DE 19803
Private
PK - 12
Yes
10:1 STUDENTS/TEACHERS
0/10
Layton Preparatory School
6201 Kennett Pike, Wilmington, DE 19807
Private
9 - 12
Yes
5:1 STUDENTS/TEACHERS
0/10
Towle Institute
199 Polly Drummond Hill Rd, Newark, DE 19711
Private
6 - 12
No
8:1 STUDENTS/TEACHERS
0/10
Central School (The)
1621 Telegraph Rd, Wilmington, DE 19804
Public
6 - 12
No
7:1 STUDENTS/TEACHERS
0/10
Padua Academy
905 N Broom St, Wilmington, DE 19806
Private
9 - 12
Yes
10:1 STUDENTS/TEACHERS
0/10
Salesianum School
1801 N Broom St, Wilmington, DE 19802
Private
9 - 12
Yes
16:1 STUDENTS/TEACHERS
0/10
Ursuline Academy (PK-12)
1106 Pennsylvania Ave, Wilmington, DE 19806
Private
PK - 12
Yes
7:1 STUDENTS/TEACHERS
0/10
Tower Hill School
2813 W 17th St, Wilmington, DE 19806
Private
PK - 12
Yes
7:1 STUDENTS/TEACHERS
0/10
St Elizabeth High School
1500 Cedar St, Wilmington, DE 19805
Private
9 - 12
Yes
11:1 STUDENTS/TEACHERS
0/10
Moyer (Maurice J.) Academy
610 E 17th St, Wilmington, DE 19802
Public
6 - 12
No
15:1 STUDENTS/TEACHERS
0/10
Douglass School
1800 Prospect Rd, Wilmington, DE 19805
Public
KG - 12
No
5:1 STUDENTS/TEACHERS
0/10
High Road School of Delaware
2002 Rodman Rd, Wilmington, DE 19805
Private
4 - 12
Yes
9:1 STUDENTS/TEACHERS
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Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Public Services & Government
-
Hot and Spice Restaurant
3010 N Market St, Wilmington, DE 19802
Phone: 302-764-3922
-
McDonald’s
2751 Centerville Rd, Wilmington, DE 19808
Fast Food Phone: 302-998-1540
-
Fry Korner
2106 N Market St, Wilmington, DE 19802
Phone: 302-652-1106
-
Open Sesame
414 N Union St, Wilmington, DE 19805
Burgers Phone: 302-654-5061
-
Jing Mei Chinese Restaurant
1727 W 4th St, Wilmington, DE 19805
Chinese Phone: 302-888-1125
-
Locale BBQ Post
1014 Lincoln St, Wilmington, DE 19805
Barbeque Phone: 302-510-4929
-
Penn & Union Shell
2001 Pennsylvania Ave, Wilmington, DE 19806
Delis Phone: 302-658-3676
-
Scratch Magoo’s
1709 Delaware Ave, Wilmington, DE 19806
American (Traditional) Phone: 302-651-9188
-
Gourmet Salad and Eatery
817 N Market St, Wilmington, DE 19801
Phone: 302-622-8380
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Featured Listings
For Sale (679)
Sold (33196)
Open Thu 4PM-6PM2 Beds2 Baths1,225 SqFt3107 HEATHER CT #3107, Wilmington, DE 19809
MLS# DENC2114344
Listed by Redfin Corporation
Open Sat 1PM-3PM
Open Sun 11AM-1PM
New
New3 Beds3 Baths2,150 SqFt2807 N MONROE ST N, Wilmington, DE 19802
MLS# DENC2114256
Listed by EXP Realty, LLC
New2 Beds2 Baths1,053 SqFt5420 VALLEY GREEN DR #D4, Wilmington, DE 19808
MLS# DENC2114418
Listed by Real Broker LLC
FAQs
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.
How much do I need for a down payment on a home?
The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%.
What's included in my monthly mortgage payment?
Your monthly mortgage payment typically includes principal, interest, property taxes, and homeowners insurance (often abbreviated as PITI). Depending on your loan, it may also include private mortgage insurance (PMI), homeowners association (HOA) fees, or other costs.
What is a 2-1 buydown, and how does it work?
A 2-1 buydown is a type of mortgage financing that temporarily lowers your interest rate for the first two years of the loan. In the first year, your rate is reduced by 2%, and in the second year, it's reduced by 1%. After that, your rate adjusts to the original agreed-upon rate for the remainder of the loan.
Who pays for the 2-1 buydown—the buyer, the seller, or the lender?
The cost of a 2-1 buydown can be paid by the buyer, seller, or lender, depending on the agreement. Often, sellers offer to pay for the buydown as an incentive to attract buyers, especially in a slower market. Buyers can also choose to pay for it themselves if they want lower initial payments.
What are closing costs, and how much should I expect to pay?
Closing costs are fees associated with finalizing your home purchase, including loan origination fees, title insurance, appraisal fees, and more. They typically range from 2% to 5% of the home's purchase price. Some costs may be negotiable, and in certain cases, sellers may agree to cover part of them.
How does my credit score affect my mortgage rate?
Your credit score plays a significant role in determining your mortgage rate. A higher score typically qualifies you for lower interest rates, which can save you thousands of dollars over the life of your loan. If your score is lower, you may still qualify for a loan, but at a higher rate.
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