Is Wilmington, DE a good place to invest in rental property?

Wilmington, DE has a median modeled monthly cash flow of $-436 and a median cap rate of 4.8%, on a median sold price of $346,000. Prices changed +3.4% year over year.

What is the average cap rate in Wilmington, DE?

The median cap rate across recently sold homes in Wilmington, DE is 4.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wilmington, DE?

The median sold price in Wilmington, DE is $346,000 (about $212 per square foot).

Investing in Wilmington, DE Real Estate

A data-driven snapshot of the Wilmington, DE rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$346,000Median sold price

$212Median $/sqft

4.8%Median cap rate

$-436Modeled cash flow / mo

+3.4%Appreciation YoY

6.5Months of supply

1,122Active listings

2,083Sold (last 12 mo)

What the Wilmington numbers say

In Wilmington, DE, the median home sold for $346,000 (about $212 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-436 of monthly cash flow. Sold prices moved +3.4% over the past year. Inventory sits at about 6.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Delaware markets to compare

See Wilmington cash-flowing listings

CashFlowRE ranks every for-sale home in Wilmington, DE by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Wilmington deals, or browse the national market data.