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Wilmington, MA Real Estate


According to census data in the year 2000 there were 7,158 housing units in Wilmington. This represents a 26.3% growth from 5,667 in 1990.

Of those housing units, 7,158 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wilmington is about 90.4%. Wilmington's vacancy rate, including seasonal lodging, is about 1.8%. Average household size is 3 people.

The majority of houses, apartments or condos in Wilmington were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom3.60%
Two Bedrooms16.20%
Three Bedrooms52.30%
Four Bedrooms23.60%
Five Bedrooms or more4.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1966
Median Value of occupied units$221,900
Median Price asked for vacant units$95,800

Rented Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1968
Median Monthly Rent asked for vacant units$759

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage6.70%
Home Equity Loan9.60%
Simple Mortgage59.80%
Debt Free23.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%