The story of this market
The typical home in ZIP 19806 sells for about $363,000, or $235 per square foot.
Prices are roughly flat from a year ago (+0.6%), a market in balance. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,396 a month.
ZIP 19806 — Wilmington
The 19806 housing market shows steady demand with a median price point near $363,000, reflecting a stable but selective environment. While inventory remains tight, the area's proximity to employment centers and historic appeal continue to support values. Investors are advised to perform thorough due diligence as the margin for error in cash flow remains thin.
This ZIP is well-suited for commuters and professionals who value a shorter travel time to work and access to the established, historic neighborhoods of Wilmington.
Median prices moved up 0.6% year over year.
Homes spend a median of 69 days on market with 1.4 months of supply — a fast-moving market.
45% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.0% · poverty 9.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19806, New Castle County, DE
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Delaware) — Agricultural Lands Preservation and Farmland Assessment Act Exemption: Qualifying land is valued based on its agricultural use productivity capability rather than fair market value, substantially reducing the taxable assessed baseline. State (Delaware) — Senior School Property Tax Credit and Elderly/Disability Exemption Framework: Provides a partial credit/exemption against property taxes. Under the Senior School Property Tax Credit (14 Del. C. § 1919), qualifying seniors receive a tax credit up to 50% of the school property tax up to a statutory dollar cap (e.g., $500 max). At the county level (e.g. State (Delaware) — County Assessment Ratio and Ad Valorem Property Taxation Structure: Delaware levies property taxes at county, municipal, and school district levels (the state itself levies no state-level property tax).
The mean travel time to work for residents is approximately 19 minutes, significantly lower than the regional metro average.
The area features proximity to local parks and the historic Highlands neighborhood, offering access to urban amenities and green spaces within a short distance.
The rental market requires careful diligence to ensure cash flow, with a competitive landscape for investors.
The local economy is anchored by the broader Wilmington metro area, which serves as a major hub for financial services and corporate headquarters.
Data retrieved from Census Reporter and ZCTA-level ACS tables.
- Round1 Bowling & Arcade - Exton3.918.6 mi
- The Oasis Family Fun Center4.58.9 mi
- Urban Air Trampoline and Adventure Park4.116.1 mi
- Juniors Playland4.216.2 mi
- Candyland Adventure4.616.7 mi
- Subaru Park4.611.1 mi
- United Sports4.217.5 mi
- Di Paolo's Italian Ristorante4.65.8 mi
- Delaware Stadium4.611.9 mi
- Round1 Bowling & Arcade - Exton3.918.6 mi
- Longwood Gardens4.99.4 mi
- Delaware Park Casino46.7 mi
- Winterthur Museum, Garden & Library4.73.6 mi
- Delaware Memorial Bridge4.45.8 mi
- Brandywine Museum of Art4.77.4 mi
- Winterthur Museum, Garden & Library4.73.6 mi
- Brandywine Museum of Art4.77.4 mi
- Nemours Estate4.81 mi
- Rodney Square4.11.7 mi
- Delaware Children's Museum4.62.1 mi
- Longwood Gardens4.99.4 mi
- Brandywine Zoo4.21.2 mi
- Brandywine Creek State Park4.82.9 mi
- Mt. Cuba Center4.84.5 mi
- Bellevue State Park4.73.8 mi
- Corinthian Yacht Club of Philadelphia4.715.5 mi
- Summit North Marina Inc4.316.6 mi
- Delaware City Marina4.513.3 mi
- West End Boat Club4.715.4 mi
- The Golf Course at Glen Mills4.511.1 mi
- Deerfield4.610.2 mi
- Inniscrone Golf Club3.912.8 mi
- White Clay Creek Country Club4.47.2 mi
- Rock Manor Golf Course4.21.6 mi
- Christiana Mall4.57.4 mi
- Linvilla Orchards4.511.6 mi
- New Castle Farmers Market4.47 mi
- Booths Corner Farmers Market4.76.5 mi
- Concord Mall4.14.2 mi
- Philadelphia International Airport3.818.8 mi
- Wilmington Airport4.36.3 mi
- Local Tavern (Terminal F Hub)3.319.3 mi
- Cibo Bistro & Wine Bar3.418.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Known for its historic character and architectural charm.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.