Wilmington is a city soaked in an impregnable aura of rich history and diverse culture. Cute colonial buildings and historic street names provide a perfect setting for this iconic part of Delaware. Forgotten traditions come alive at festivals and re-enactments and the food is ever-nostalgic. Its classic location right between Philadelphia and Washington adds another rich note of historical significance. But modern-day Wilmington is more than just its past. Its evolution saw it emerge as a beacon of hope for the entire region. Due to its lenient tax policy and efficient institutions, it’s a magnet for an entire spectrum of industries. Shopping is tax-free and you can spend to your heart’s content. The banking sector enjoys a liberal regime and is a regional headquarters for credit operations. Here, you will find all publicly traded banks of America. Some notable names are Bank of America, JPMorgan Chase & Co, Barclays Bank of Delaware, PNC Bank, HSBC and Wilmington Savings Fund Society. More than 60% of the Fortune 500 companies have their presence in Wilmington’s downtown. The busy vibe is destroyed as you leave downtown and move towards the festive parts of the city like Baynard Boulevard, Rodney Square, Rockford Park, Kentmere Parkway, Delaware Avenue, Trinity Vicinity, and Market Street. Here you find ethnic carnivals that explore the rich texture of its cosmopolitan nature. You can walk through Italian food, Greek crafts, African arts, Latin music and French cinema and much more. It’s a major epicenter of Jazz culture, but it also hosted reggae legend, Bob Marley at one point of time. Amidst all these foreign flavors the true fragrance of Delaware remains somewhat intact. You can find it in its numerous museums, legendary old-style cafes, historic theaters and an impressive collection of comedy clubs. Wilmington somehow defines itself in its own milieu, whether through unique events like the annual tree-lighting ceremony at Rockwood Park or through awe-inspiring sports like “Punkin Chunkin” World Championship, where pumpkins are catapulted just for the locals to enjoy. NewHomeSource is present in this beautiful city with all its prized builders in hand. Some outstanding names are Toll Brothers, Benchmark Builders Inc., Ryan Homes, Lennar, among others. Properties range of the upper $100’s to the lower $ 1 million. The homes are in the range of 2000-5000 sq. ft., and you can choose between 2-5 bedroom plans, with 2-4.5 baths and 2-4 garages. If you want to move into the state which proudly calls itself a “small wonder”, be ready for an effusive welcome.
There are many home types across the Wilmington & Newwark area incuding the many luxury new homes in Wilmington & Newwark, condos and townhomes, and Wilmington & Newwark 55+ new construction homes in Wilmington & Newwark. Alternatively, you can widen your search from the 476 Wilmington homes to browse all Wilmington & Newwark new homes for sale.
Market Overview: New Construction in Wilmington, DE
Here is a quick overview of housing developments in Wilmington, as well as the new construction outlook for new build homes in Wilmington:
City | Wilmington |
State | Delaware |
Metro Area | Wilmington & Newwark |
Subdivisions | 42 |
Quick Move in Homes | 77 |
Homes Under Construction | 53 |
Starting Price | $399,990 |
Average Price | $582,566 |
Price Per Square Foot | $355 |
Home Builders | 27 |
Builders in Wilmington | |
Customizable Options in Wilmington
Floor Plans Available | 188 |
Bedroom Count | 2 to 6 |
Bathroom Count | 2 to 5 |
Square Footage Range | 1,370 to 5,603 sq/ft. |