Wilmington, DE-MD-NJ metro area house prices are forecasted to underperform the national market over the next twelve months. Currently, the market is tracking the overall U.S. market. Compared to 12-months ago, Wilmington, DE-MD-NJ housing market has strengthened. Current local economic conditions support an estimated 5.3% increase in house prices over the next twelve months. The metro market ranks 209 among 402 US metro housing markets.
Housing Market Vitality
Wilmington, DE-MD-NJ local economy is specialized in Fncl activities, Pro Bus svcs, and Manufacturing. Mining, Other svcs, and Leisure Hosp industry sectors are less important to the local economy compared to the national economy.
Compared to the U.S., there is a lower incidence of poverty amongst Wilmington, DE-MD-NJ residents and they have greater purchasing power. There are more high school graduates and a larger proportion of the population is college educated. Wilmington, DE-MD-NJ population is comparatively more diverse than the overall U.S. population.
Data through February 2021