See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2905 N Madison St, Wilmington, DE, 19802

2beds
2baths
1,499sqft
$208,000
$139price/sqft
$1,507/moest. monthly cost
$60,280/yrincome needed

About This Home

Welcome to 2905 N Madison Street, where affordability, convenience, and move in ready condition come together to create an excellent opportunity for a first time buyer. Why continue renting when you could begin building equity in a home of your own before the summer is over? This well maintained brick Colonial offers 2 bedrooms, 1 full bathroom, 1 half bathroom, 1,323 square feet of above grade living space, additional finished space, and a full basement that provides valuable room for storage, hobbies, a home gym, or future possibilities. Inside, you will find a comfortable and inviting layout with stainless steel appliances, natural gas heating, and the space needed to settle in and make the home your own without taking on an overwhelming renovation project. Public water and sewer, no HOA, and the availability of immediate possession make this an especially attractive alternative to renting. The location adds even more value. Situated in Wilmington's Baynard Village area, the home offers convenient access to I 95 and Route 202, making travel to downtown Wilmington, Newark, Pennsylvania, and surrounding employment centers easy and efficient. The University of Delaware's main Newark campus is approximately 12 miles from Wilmington, offering a reasonable commute for students, faculty, staff, or anyone who enjoys the restaurants, shopping, and activities available in Newark. Christiana Mall, Christiana Hospital, and the surrounding retail and dining corridor are also approximately 9 to 10 miles from Wilmington. Closer to home, residents can enjoy access to neighborhood conveniences, nearby public transportation, Brandywine Park, Wilmington Brew Works, downtown Wilmington, Market Street, the Riverfront, restaurants, entertainment, cultural attractions, and everyday shopping. Bus routes are available within approximately .20 of a mile, and Brandywine Park is identified as the closest park to the property. Whether you are purchasing your first home, downsizing, or looking for a property with easy access to work, school, shopping, recreation, and major roadways, this home offers a practical opportunity at an approachable price point. Make your move now and enjoy the pride of homeownership before the summer comes to an end. Schedule your private showing today and discover how close you may be to owning a home of your own.

Getting Around

67
WalkingSomewhat Walkable
45
TransitSome Transit
51
BikeBikeable

Schools

3/10
1/10
Skyline Middle SchoolGrades 6-88.4 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1915

Materials

  • Foundation: Block
  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Exhaust Fan,Refrigerator,Cooktop,Stainless Steel Appliance(s),Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Bonus Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Bathroom - Tub Shower,Ceiling Fan(s),Crown Molding,Dining Area,Formal/Separate Dining Room,Dry Wall
  • Window features: Skylight(s)
  • Flooring: Carpet,Laminate
  • Finished area below ground: 176
  • Finished area above ground: 1,323

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,499
  • Total interior livable area: 1,499 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 26015.20075
  • Attached to another structure: Yes
  • Zoning: 26R-3
  • Special condition: Standard
  • Other equipment: Intercom

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Brick,Porch,Roof
  • Exterior features: Rain Gutters,Play Area,Storage,Sidewalks,Street Lights
  • Fencing: Chain Link

Lot

  • Lot size: 2,178 sqft
  • Features: Rear Yard
  • Lot size dimensions: 22.30 x 95.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,051$12,612
Home Insurance *$81$972
Property Taxes $124$1,488
Electricity $251$3,021
Total$1,507$18,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,668/yr
40% on housing$45,210/yr
45% on housing$40,186/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 19802$118
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19802$191
New Castle County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$210,000
2026-07-22Listed for sale$208,000
2026-05-01Listing removed$224,100
2026-02-09Listed for sale$224,100
2025-12-23Listing removed$224,100
2025-10-08Price change$224,100
2025-07-05Listed for sale$229,900
2025-06-03Contingent$229,900
2025-05-31Pending sale$229,900
2025-05-01Listed for sale$229,900
2025-04-07Listing removed$225,000
2024-08-07Price change$225,000
2022-11-21Listed for sale$210,000

For Sale by Agent

AgentShonda Kelly
BrokerageEmpower Real Estate, LLC

Similar Homes