The typical home value in
Chestnut Heights-Princess Place
is projected to be
$462,500
for the month of
December.
November’s
finalized data reported the typical value of a home in the
neighborhood
to be
$425,000—up
38.21%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$473,750
in
Wilmington
for the most recent reporting period.
That number is expected to float around
$491,250
in
December.
Chestnut Heights-Princess Place
had
9
new listings and
8
listings that went under contract in
November,
increasing
the area’s total available inventory to
6—up
100.0%
from the previous month. Inventory is projected to have further
increased
in
December.
The median listing price for homes in
Chestnut Heights-Princess Place
fell
4.28%
from
October
to
November,
bringing the current median listing price to
$390,000.
Based on projected data for
December,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
November 2025,
the median time for a listed property to go pending was
19
days, compared to
-3
days in
November 2024.
However, in recent months the median number of days from listed to pending appears to be
falling.
That trend is predicted to have carried through to this
December.
