Real Estate Investing in Wilmington, Delaware (19807)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19807 (Wilmington, DE)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 47.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wilmington, DE (19807)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19807 Wilmington
ZIP 19807 inside New Castle County looks affordable on the surface — median value of $1.1M — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 19807 can be a a solid fit for hunting ground — but the discount at $1.1M reflects genuine risk that outside investors often underestimate.
Regionally, 19807 sits on the difficult end of the DE spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 19807 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 19807 is an operator game, not a passive one. In practical terms, entry prices of $1.1M are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Wilmington:
Property Strategy for 19807
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $805,308 | $2,630 | 2.4% | +7.2% | $268,436 |
| 4BR | $1,012,132 | $2,930 | 2.1% | +7.5% | $253,033 |
| 5BR | $1,465,599 | — | — | +8.1% | $293,120 |
Market Trends
Home Value History (with trend line)
📊 How Does 19807 Compare?
| Metric | 19807 | Wilmington | Delaware |
|---|---|---|---|
| Home Value | $1,118,481 | $404,416 | $397,840 |
| 5-Year CAGR | 5.8% | 5.4% | 6.7% |
| Avg Rent | $1,971 | $1,955 | - |
| Cap Rate | 1.4% | 4.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19807 (Wilmington, DE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 19807 (Wilmington, DE)?
~25 seconds · no account needed · your report is anonymous
Property managers serving New Castle County
Manage rentals here? List your business →REDA One offers real estate management software, including CRM, leasing, property management, accounting, and digital experience modules. summary from their website
Swalm Property Management provides property management solutions. summary from their website
WOLFBOATS is a platform for online games with unlimited bonuses. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,118,481 |
| Monthly Rent | $1,971 |
| Price-to-Rent | 47.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.1% |
| Cap Rate | 1.4% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19807
Population: 7,763
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 19807
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Does house hacking work in Wilmington, DE?
The a tougher house-hack environment in Wilmington, DE reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is DE a landlord-friendly state?
DE law balanced for landlords, and Wilmington inherits those rules. Investors should still review local ordinances for rental licensing.
Is it easy to find good tenants in Wilmington, DE?
Wilmington, DE offers a measured renter base at the $1,971/mo rent level. Tenant turnover is reasonable for well-managed properties.
How much rent can I charge in Wilmington, DE?
Rental rates in Wilmington, DE average $1,971/mo. Tenant demand and $1.1M home values make the yield look reasonable by investor standards.
Is housing expensive in Wilmington, DE?
Expect median prices around $1.1M in Wilmington, DE. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
You know 19807 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 19807 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 19807 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 19807 (Wilmington)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 19807 (Wilmington, DE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.