Is Wilmington, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Wilmington is a seller's market


Difference Since June 2023

Since last year, Wilmington has remained a Seller's Market.

Key Takeaway

Wilmington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wilmington, MA

How much do homes in Wilmington, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Wilmington have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Wilmington was $710,070 in June 2024, up 7.2% from last year, and the median price per square foot was $376.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $415K$430K
2 $565K$622.5K
3 $646.2K$705K
4 $812.5K$846.2K
5+ $755K$1.0M

Summary: Wilmington housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 38.1%.

Median Sold Price Compared To Nearby Cities

North Reading

Housing Supply in Wilmington, MA

How many homes are available in Wilmington, MA?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Wilmington real estate market had 58 homes for sale in June 2024, a 7.9% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
2 77
3 3129
4 2018
5+ 43

Summary: The Wilmington housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilmington, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

Summary: A total of 24 homes were sold or pending in Wilmington in June 2024, up by 20.0% month-over-month. Of the 24 sold homes, 4% were sold under asking, 8% were sold at asking, and 88% were sold over asking.

Days on Market for Wilmington, MA

How long does it take to sell a home in Wilmington, MA?

Average Sale Time

Jun 2023Jun 2024CHANGE
28 Days23 Days-14.9%

Summary: Homes in Wilmington had an average of 23 days on market in Jun 2024, down by 14.9% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wilmington are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 24 homes were sold in Wilmington; 88% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Wilmington, MA

Nearby Markets to Wilmington, MA

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