Market Snapshot
Wilmington is the most populated city in Delaware. Along with the smaller city of Newark, known for its green spaces and trout-filled creek, Wilmington is part of the Wilmington-Newark metro area, one of the most desirable suburban areas in the region. Known for its good schools, low cost of living, and proximity to Philly, Baltimore, New York, and D.C., the Wilmington-Newark is a popular location for young professionals looking to buy new construction townhomes for sale in Delaware, settle down, and raise a family.
New build townhomes in Newark and Wilmington
There are many opportunities to buy new build townhouses for sale in 8 condo communities throughout the Newark and Wilmington metro region. Most architectural styles here are traditional, with two- and three-story townhomes offering three or more bedrooms. Common interior features include hardwood flooring, gas fireplaces, gourmet kitchens, and an array of customizable features.
Why rent when you can own a condo in Wilmington?
Townhouses in Wilmington offer a unique homeownership opportunity where residents can experience low-maintenance living while still taking advantage of the equity in their investment. With the low-maintenance lifestyle that condominiums in Newark offer, owners enjoy more time to focus on their families and their careers. There are currently 6 active builders constructing new build condominiums for sale throughout the Wilmington-Newark metro area with prices starting as low as $439,990.
New townhomes have changed a lot over the last decade making the pre-construction townhome market soar to new heights. Michele Lerner shares her thoughts on why townhomes are in demand. These are not the row-houses and new construction duplexes of yesteryear. Modern townhouses come with luxury appointments and a range of options. While there are still many townhouse developments that offer attached duplex, triplex, or quadplex floorplans, newer developments often provide detached townhomes and condos in duplex and other configurations. While these townhomes look attached, in higher-end neighborhoods, builders may invest in separate walls for use in multiplex housing units giving you the privacy, security, and silence of a detached home.
Before shopping for your new townhome, you will want to know a little bit about the shopping process, the benefits, financing, and how newer amenities separate today's townhome developments from those of just a few years ago. First off, here are a few things to know and do when shopping for a townhome, and 10 reasons why a townhome might be right for you. Then you may need to consider how you will finance your new townhouse or condominium in Wilmington & Newwark.
Finally, you will enjoy some of the best new ammenities for townhome and condo living that just were not available a decade ago. Here are some of the new amenities in multi-family homes you are likely to find in Wilmington & Newwark.
Townhomes and condominiums are typically more affordable in Wilmington & Newwark than single-family homes with prices starting at $439,990 all the way to $1,336,000 and beyond. Of course, if you choose to live in a luxury townhome or condominium, the prices can be quite high.
Townhomes & Condos in Wilmington & Newwark, DE
Finding new construction townhomes and condos for sale in Wilmington & Newwark is easy with Newhomesource. Here's an overview of what you will find for sale on NewHomesource.com.
| Townhome & Condo Communities | 8 |
| Homes for Sale | 97 |
| Floor Plans Available | 16 |
| Home Ready Now | 20 |
| Starting Price | $439,990 |
| Square Footage | 1,557 to 4,000 sq/ft |
| Bedroom Options | 2 to 3 |
| Bathroom Options | 2 to 3 |
| Leading Builders with New Construction Condos and Townhomes |