Comprehensive market data and analysis• Updated Dec 2025
15.4 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 5 | 7 | 13 |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | - | 1 | 4 | 6 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 7 | 12 | 20 |
Acreage buckets
The median price for land in Wilmington, Delaware is currently $328K per acre. For a typical parcel, the median sale price is $525K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $23K while premium lots reached $1.0M.
Wilmington, Delaware is currently a strong buyer's market with 15.4 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 27.8% year-over-year.
Wilmington, Delaware currently has 15.4 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Wilmington, Delaware typically sells within 321 days of listing. The median time on market is 118 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Wilmington, Delaware stands at $525K. This translates to roughly $328K per acre for the typical parcel size. The average price is $490K, showing a fairly consistent market.
The current absorption rate in Wilmington, Delaware is 6.5% (3-month basis), indicating slow demand. With depreciating values (-27.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Patterson-Schwartz - Greenville.
There are currently 36 active listings in Wilmington, Delaware. 12 new listings have hit the market in the last 90 days. The median asking price is $145K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.