Wilmington Market Report
$689,275
AVERAGE PRICE OF 1,243 HOMES$659,243
AVERAGE PRICE OF 16 DISTRESSED HOMES$2,078,412
AVERAGE PRICE OF 182 MULTI-MILLION DOLLAR HOMES$724,070
AVERAGE PRICE OF 287 NEWLY BUILT HOMES$1,238,592
AVERAGE PRICE OF 82 HOMES WITH A POOL$728,953
AVERAGE PRICE OF 45 REDUCED PRICE HOMESAverage Home
| Average Price | $689,275 |
| Avg Bedrooms | 2.14 beds |
| Avg Bathrooms | 1.98 baths |
Average Price by Bedrooms
| 1 bedroom | $312,588 |
| 2 bedrooms | $443,789 |
| 3 bedrooms | $443,057 |
| 4 bedrooms | $888,474 |
| 5 bedrooms | $1,395,443 |
Wilmington Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,386 | 1,519 | 1,514 | 1,503 | 1,520 |
| Average Price | $707,062 | $688,311 | $702,724 | $702,405 | $703,026 |
| Avg Price Change | +2.72% | -2.09% | +0.05% | -0.09% | -0.86% |
| Median Price | $453,065 | $459,596 | $464,588 | $474,080 | $475,798 |
| Med Price Change | -1.44% | -1.09% | -2.04% | -0.36% | +0.15% |
| Avg Bedrooms | 2.14 beds | 2.16 beds | 2.08 beds | 2.24 beds | 2.32 beds |
| Avg Bathrooms | 1.98 baths | 1.98 baths | 1.91 baths | 2.06 baths | 2.16 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| New Hanover | 406 | $603,643 | 109 days |
| New Hanover County Schools | 2 | $434,450 | 184 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,243 | $689,275 | 137 days |
| Distressed Homes | 16 | $659,243 | 108 days |
| Multi-Million Dollar Homes | 182 | $2,078,412 | 128 days |
| Newly Built Homes | 287 | $724,070 | 141 days |
| Homes with a Pool | 82 | $1,238,592 | 90 days |
| Reduced Price Homes | 45 | $728,953 | 87 days |
