Why Live in Wawaset
Wawaset, a neighborhood in Wilmington, has a rich history, once home to a fairground and racetrack before being transformed into a residential area by architect Edward L. Palmer Jr. The community features a variety of home styles, including Georgian, English Tudor, Dutch Colonial, French Revival, and Gothic-style townhouses, with prices ranging from $400,000 to $2 million. The verdant streets are lined with pine and oak trees, and residents enjoy outdoor activities at nearby Rockford Park, which offers 104 acres of dog parks, athletic fields, picnic areas, wooded trails, and a historic observation tower. The Bancroft Parkway greenway is popular for dog walks and trips to the Woodlawn Branch Library. The Ed Oliver Golf Club and the University of Delaware Wilmington Campus's Goodstay Center gardens are also local attractions. Dining options along North Union Street include Eclipse Bistro, Merengue House Bar & Restaurant, and Mrs. Robino's Restaurant, with grocery shopping available at Papa’s Food Market and ACME Markets. Trolley Square, 1 1/2 miles away, is known for its pubs, including the Trolley Tap House and the speakeasy Hummingbird to Mars. Wawaset is 2 miles from Downtown Wilmington and 1 1/2 miles from Interstate 95, with DART bus stops along its northern border and Wilmington Airport 8 miles away. The neighborhood is part of the Red Clay School District, with schools offering various programs and a highly involved Parent-Teacher Association.
Frequently Asked Questions
Is Wawaset a good place to live?
Wawaset is a good place to live. Wawaset is considered fairly walkable and bikeable with some transit options. Wawaset is a suburban neighborhood. Wawaset has 7 parks for recreational activities. It is fairly sparse in population with 5.1 people per acre and a median age of 49. The average household income is $175,672 which is above the national average. College graduates make up 88.2% of residents. A majority of residents in Wawaset are home owners, with 8.8% of residents renting and 91.2% of residents owning their home. A
local real estate agent serving Wawaset can help you decide if this neighborhood is the right one for you. Learn more on our
Wawaset neighborhood guide.
Is Wawaset, DE a safe neighborhood?
Wawaset, DE is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Wawaset?
The median home price in Wawaset is $484,000. If you put a 20% down payment of $96,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $107K a year to afford the median home price in Wawaset. The average household income in Wawaset is $176K.
What are the best public schools in Wawaset?
The best public schools that serve Wawaset are:
What are the best private schools in Wawaset?
The best private schools that serve Wawaset are:
- Tower Hill School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.5.
- Ursuline Academy has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.3.
- Padua Academy has an A Niche grade, a student teacher ratio of 8:1 and an average review score of 4.2.
What are the most popular zip codes in Wawaset, Wilmington, DE?
What are the most popular neighborhoods near Wawaset, Wilmington, DE?
Are home prices dropping in Wawaset?
Yes, home prices in Wawaset are down 94% in the last 12 months.
Home Trends in Wawaset, DE
On average, homes in Wawaset, Wilmington sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in Wawaset, Wilmington over the last 12 months is $465,000, down 97% from the median home sale price over the previous 12 months.
Median Sale Price
$465,000
Median Townhouse Sale Price
$1,300,000
Median 2 Bedroom Sale Price
$749,000
Average Price Per Sq Ft
$337
Number of Homes for Sale
1
Last 12 months Home Sales
7
Median List Price
$484,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-97%