Dover, DE

Population: 37,366
Average annual home appreciation rate: 12.98%
Total of homes for sale in this market: 317
Median home price: $168,286
Median Rent: $800 per room
Home price range: 47.15% of homes are between $90,001 – $180,000
Median sales price: $165,000
Number of homes: 150
Median foreclosure sales price: $116,175
Foreclosure discount: 30%
Most common home type: 45.80% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 13.01%
Number of renters: 44.40%
Number of owner occupied: 55.60%
Number people living below poverty level: 16.93%
Unemployment rate: 5.80%
Is this area perfect for real estate deals going on right now? Importantly, this makes Dover one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.

Wilmington, DE

Population: 71,525
Average annual home appreciation rate: 4.30%
Total of homes for sale in this market: 709
Median home price: $172,576
Median Rent: $948 per room
Home price range: 42.41% of homes are between $100,001 – $201,000
Median sales price: $190,990
Number of homes: 307
Median foreclosure sales price: $97,000
Foreclosure discount: 49%
Most common home type: 54.54% of homes are ROWHOUSES AND ATTACHED HOMES
Number of vacant homes: 16.16%
Number of renters: 55.29%
Number of owner occupied: 44.71%
Number people living below poverty level: 23.86%
Unemployment rate: 6.60%
Is this area perfect for real estate deals going on right now? Data shows, this makes Wilmington one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.