Wilmington

Why you'd want to live in Wilmington

Wilmington is a vibrant city that beautifully blends historical charm with modern amenities, making it a highly desirable place to live. With a median home price of around $400,000, the housing market here offers a wide range of options, from historic homes with character to contemporary developments. The demand for real estate is robust, fueled by the city’s rich cultural scene and proximity to beautiful beaches. In Wilmington, neighborhoods such as Downtown Wilmington, Landfall, and the Brooklyn Arts District create distinct atmospheres that appeal to various lifestyles. Residents can immerse themselves in the arts, enjoy unique dining experiences, or stroll along the picturesque Riverwalk. Education is prioritized, with New Hanover County Schools providing quality education options for families. For recreation, the city is conveniently located near Wrightsville Beach, where residents can indulge in water sports, sunbathing, and beachcombing. The local economy is thriving, driven by sectors such as healthcare, education, and tourism, with a growing job market that supports a population of around 125,000. The city is also known as a film production hub, adding to its unique identity. With easy access to major highways and Wilmington International Airport nearby, commuting is convenient, making Wilmington an ideal choice for those seeking a dynamic urban lifestyle combined with the allure of coastal living.

Wilmington Market Report

$684,853

AVERAGE PRICE OF 1,522 HOMES

$625,862

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,166,981

AVERAGE PRICE OF 211 MULTI-MILLION DOLLAR HOMES

$685,330

AVERAGE PRICE OF 322 NEWLY BUILT HOMES

$1,347,649

AVERAGE PRICE OF 95 HOMES WITH A POOL

$544,726

AVERAGE PRICE OF 72 REDUCED PRICE HOMES

Average Home

Average Price $684,853
Avg Bedrooms 2.65 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $334,945
2 bedrooms $376,950
3 bedrooms $512,930
4 bedrooms $884,199
5 bedrooms $1,507,027
Wilmington Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 1,514 1,503 1,520 1,549 1,505
Average Price $702,724 $702,405 $703,026 $709,059 $716,208
Avg Price Change +0.05% -0.09% -0.86% -1.01% +1.38%
Median Price $464,588 $474,080 $475,798 $475,063 $472,385
Med Price Change -2.04% -0.36% +0.15% +0.57% +0.88%
Avg Bedrooms 2.08 beds 2.24 beds 2.32 beds 2.5 beds 2.51 beds
Avg Bathrooms 1.91 baths 2.06 baths 2.16 baths 2.38 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
New Hanover 493 $632,298 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,522 $684,853 107 days
Distressed Homes 16 $625,862 85 days
Multi-Million Dollar Homes 211 $2,166,981 147 days
Newly Built Homes 322 $685,330 129 days
Homes with a Pool 95 $1,347,649 83 days
Reduced Price Homes 72 $544,726 89 days
The Oceanaire Realty
308 Hwy 17 N
Holly Ridge, NC 28445
Triangle: 833-OAR-1234 | Coast: 833-OCN-AIRE

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