Market Update
Greater Wilmington & Southern PA
Q3 2026
Residential Property Snapshot
Single Family Homes & Condos | Q3 2026
Med. Sales Price
$475k
4% more than in
Q3 2025
Q3 2025
Avg. Days On Market
24
0% change from
Q3 2025
Q3 2025
Closed Sales
10.4k
1% fewer than in
Q3 2025
Q3 2025
Inventory
6,183
10% fewer than in
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $401k | $480k | 11541 |
| Q3 '23 | $421k | $505k | 8990 |
| Q3 '24 | $437k | $534k | 9761 |
| Q3 '25 | $455k | $556k | 10514 |
| Q3 '26 | $475k | $574k | 10391 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 53.7% |
|---|---|
| Q3 '26 | 5578 |
| Q3 '25 | 5935 |
| 1YR CHANGE | -6% |
| Closed $500k - $1m | 37.4% |
| Q3 '26 | 3884 |
| Q3 '25 | 3724 |
| 1YR CHANGE | +4% |
| Closed $1m - $1.5m | 5.9% |
| Q3 '26 | 608 |
| Q3 '25 | 562 |
| 1YR CHANGE | +8% |
| Closed Over $1.5m | 3.1% |
| Q3 '26 | 321 |
| Q3 '25 | 293 |
| 1YR CHANGE | +10% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 19 | $401k |
| Q3 '23 | 20 | $421k |
| Q3 '24 | 23 | $437k |
| Q3 '25 | 24 | $455k |
| Q3 '26 | 24 | $475k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-10%
New Listings
New Listings represents the number of properties listed during the quarter.
2%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
3%
Closed Sales
-1%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
0%
Avondale
Median
$256k
DOM
6
Sales
2
Inv
1
Brandywine Valley
Median
$530k
DOM
22
Sales
2,218
Inv
1,106
Centreville
Median
$990k
DOM
29
Sales
13
Inv
32
Chadds Ford
Median
$413k
DOM
44
Sales
16
Inv
15
Chester Springs
Median
$1.13m
DOM
39
Sales
14
Inv
17
Coatesville
Median
$300k
DOM
9
Sales
7
Inv
13
Cochranville
Median
$360k
DOM
3
Sales
2
Inv
1
Downingtown
Median
$425k
DOM
19
Sales
8
Inv
3
Elverson
Median
$493k
DOM
16
Sales
4
Inv
1
Gettysburg
Median
$377k
DOM
19
Sales
12
Inv
8
Glen Mills
Median
$685k
DOM
27
Sales
47
Inv
34
Greenville
Median
$2.58m
DOM
150
Sales
3
Inv
14
Hanover
Median
$271k
DOM
18
Sales
37
Inv
25
Harrisburg
Median
$220k
DOM
28
Sales
16
Inv
28
Hockessin
Median
$740k
DOM
24
Sales
43
Inv
15
Kennett Square
Median
$368k
DOM
13
Sales
6
Inv
2
Kennett Township
Median
$829k
DOM
19
Sales
29
Inv
23
Landenberg
Median
$705k
DOM
18
Sales
29
Inv
14
Littlestown
Median
$320k
DOM
35
Sales
13
Inv
9
Middletown
Median
$532k
DOM
41
Sales
44
Inv
31
Newark
Median
$444k
DOM
22
Sales
42
Inv
30
North Wilmington
Median
$532k
DOM
17
Sales
114
Inv
41
Odessa
Median
n/a
DOM
0
Sales
0
Inv
1
Parkesburg
Median
$349k
DOM
8
Sales
4
Inv
1
Pennsbury Township
Median
$570k
DOM
28
Sales
7
Inv
9
Smyrna
Median
$355k
DOM
38
Sales
18
Inv
13
Unionville
Median
$633k
DOM
25
Sales
2
Inv
4
West Chester
Median
$690k
DOM
9
Sales
7
Inv
10
West Grove
Median
$475k
DOM
4
Sales
5
Inv
4
Wilmington
Median
$302k
DOM
45
Sales
45
Inv
40
York
Median
$180k
DOM
21
Sales
39
Inv
20