Why Live in The Flats
The Flats neighborhood in Wilmington offers a peaceful lifestyle just outside Downtown Wilmington. The Bancroft Parkway, a long green space lined with tall oaks, charming streetlamps, and park benches, features a variety of homes, including rowhomes and duplexes, with both older and newer properties. Woodlawn Park, established in 1910 and revitalized in 2019, includes new playground equipment, a spray park, a baseball field for the Roberto Clemente Baseball League, and a colorful basketball court. The neighborhood is part of the Red Clay Consolidated School District, which includes the highly rated Charter School of Wilmington. The Flats supports numerous small businesses, such as DiBiaso’s Florist, Ivira Pharmacy, and various auto repair shops, fostering a strong sense of community. Dining options include Greenhill Deli-Pizza, a community staple since 1949, and numerous Italian restaurants and markets in nearby Little Italy. For more things to do, Downtown Wilmington is just 2 miles away, accessible by local bus or car, offering additional dining, shopping, and entertainment options. The Flats neighborhood combines the charm of a close-knit community with the convenience of nearby urban amenities, making it an appealing place to live.
Home Trends in The Flats, DE
On average, homes in The Flats, Wilmington sell after 36 days on the market compared to the national average of 52 days. The median sale price for homes in The Flats, Wilmington over the last 12 months is $279,900, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$279,900
Median Single Family Sale Price
$277,700
Average Price Per Sq Ft
$215
Number of Homes for Sale
1
Last 12 months Home Sales
13
Median List Price
$277,700
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%