Real Estate Investing in Wilmington, Delaware (19810)
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Should you buy in 19810 (Wilmington, DE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Wilmington, DE (19810)?
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Market Analysis: 19810 Wilmington
ZIP 19810 inside New Castle County looks affordable on the surface — median value of $472K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $472K asset, 19810 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 19810's metrics run below New Castle County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 19810 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 19810 is an operator game, not a passive one. Looking more closely, entry prices of $472K 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 19810
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $245,385 | $1,780 | 5.2% | +7.1% | $122,693 |
| 3BR | $410,281 | $2,130 | 3.7% | +6.8% | $136,760 |
| 4BR | $499,413 | $2,380 | 3.4% | +6.5% | $124,853 |
| 5BR | $575,530 | — | — | +6.8% | $115,106 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19810 Compare?
| Metric | 19810 | Wilmington | Delaware |
|---|---|---|---|
| Home Value | $471,821 | $404,416 | $397,840 |
| 5-Year CAGR | 4.7% | 5.4% | 6.7% |
| Avg Rent | $2,056 | $1,955 | - |
| Cap Rate | 3.4% | 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 19810 (Wilmington, DE). Anonymous, moderated, never written by AI.
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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 | $471,821 |
| Monthly Rent | $2,056 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | +13.4% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 19810
Population: 25,859
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 19810
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bethel Springs El Sch
Maple Lane Elementary School
Carrcroft Elementary School
Lombardy Elementary School
Springer Middle School
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
What is the typical home price in Wilmington, DE?
Median home price in Wilmington, DE is near $472K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Is real estate in Wilmington, DE a good investment right now?
Investors tracking Wilmington, DE will find a 3.0/5 rating supported by $472K median home values and $2,056/mo rents. That profile suits long-term holders targeting even-keeled returns.
Are tenants stable in Wilmington, DE?
Expect a solid tenant pool in Wilmington, DE. The rental market absorbs $2,056/mo rents without meaningful friction.
What real estate strategy is ideal for Wilmington, DE?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Wilmington, DE. The numbers - $472K homes against $2,056/mo rents - support that play.
How do landlord-tenant laws work in Wilmington, DE?
Landlord-friendliness in Wilmington, DE is balanced. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 19810 now. You don’t know where it ranks.
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How 19810 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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