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Wilmington

Why you'd want to live in Wilmington

New Hanover county is a vibrant, prosperous, diverse coastal community committed to building a sustainable future for generations to come. Located in coastal southeast North Carolina the county boasts white sandy beaches, strong economic development and a quality of life like nowhere else. Whether you are searching for a laid back downtown or island life, New Hanover is overflowing with living and investment options. Wilmington is a diverse and beautiful import/export city nestled between the white sandy beaches of the Atlantic Ocean and the infamous Cape Fear River. Wilmington boasts one of NC's largest historic districts with blocks of preserved historical homes and a downtown business district, which has undergone a renaissance transformation with an active arts community and cultural scene. Although it is the largest city in southeastern North Carolina, it has a small town atmosphere with lots of southern hospitably and beauty with its streets lined with natural live oak trees covered with spanish moss. FAVORITE RESTAURANTS Dockside Smoke On The Water The Bridgetender Watermen's Brewery GROCERY Harris Teeter The Fresh Market Whole Foods FAVORITE SHOPS Lumina Station: A shopping village by the beach with boutiques, yoga studio and homegoods. Mayfaire Shopping Center: An outdoor shopping center with movie theater, shopping, eating and gyms. The Ivy Cottage: An upscale home goods consignment shop. FAVORITE ACTIVITIES & SPOTS Airlie Gardens Azalea Festival Downtown Summer Concert Series Floatilla Greenfield Lake

Wilmington Market Report

$471,301

AVERAGE PRICE OF 1,701 HOMES

$409,164

AVERAGE PRICE OF 27 DISTRESSED HOMES

$2,148,485

AVERAGE PRICE OF 104 MULTI-MILLION DOLLAR HOMES

$419,817

AVERAGE PRICE OF 560 NEWLY BUILT HOMES

$815,715

AVERAGE PRICE OF 170 HOMES WITH A POOL

$315,368

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $471,301
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

1 bedroom $313,375
2 bedrooms $317,960
3 bedrooms $329,660
4 bedrooms $589,584
5 bedrooms $985,439
Wilmington Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings 1,724 1,646 1,535 1,636 1,751
Average Price $475,350 $465,036 $464,972 $459,912 $464,095
Avg Price Change +2.22% +0.01% +1.10% -0.91% -1.92%
Median Price $344,513 $340,916 $335,383 $326,004 $328,150
Med Price Change +1.06% +1.65% +2.88% -0.66% -2.18%
Avg Bedrooms 3.31 beds 3.31 beds 3.32 beds 3.3 beds 3.3 beds
Avg Bathrooms 2.96 baths 2.97 baths 2.96 baths 2.97 baths 2.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ashley 320 $464,642 112 days
Hoggard 262 $474,840 93 days
Laney 489 $508,613 106 days
New Hanover 609 $446,542 191 days
Topsail 16 $382,162 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,701 $471,301 136 days
Distressed Homes 27 $409,164 98 days
Multi-Million Dollar Homes 104 $2,148,485 235 days
Newly Built Homes 560 $419,817 227 days
Homes with a Pool 170 $815,715 396 days
Reduced Price Homes 32 $315,368 91 days

School Data

Highly Rated Wilmington Schools

9

CAROLINA BEACH ELEMENTARY
Elementary School
Public

10

DR HUBERT EATON SR ELEMENTARY
Elementary School
Public

10

DR JOHN CODINGTON ELEMENTARY
Elementary School
Public

9

HEYWARD C BELLAMY ELEMENTARY
Elementary School
Public

10

HOLLY TREE ELEMENTARY
Elementary School
Public

8

MURRAYVILLE ELEMENTARY
Elementary School
Public

10

OGDEN ELEMENTARY
Elementary School
Public

8

PINE VALLEY ELEMENTARY
Elementary School
Public

8

SOUTH TOPSAIL ELEMENTARY SCHOOL
Elementary School
Public

9

TOPSAIL ELEMENTARY SCHOOL
Elementary School
Public

10

WALTER L PARSLEY ELEMENTARY
Elementary School
Public

10

WRIGHTSVILLE BEACH ELEMENTARY
Elementary School
Public

8

CHARLES P MURRAY MIDDLE
Middle School
Public

9

M C S NOBLE MIDDLE
Middle School
Public

8

MYRTLE GROVE MIDDLE
Middle School
Public

8

ROLAND-GRISE MIDDLE SCHOOL
Middle School
Public

8

TOPSAIL MIDDLE SCHOOL
Middle School
Public

9

ISAAC M BEAR HIGH
High School
Public

Reach Properties | Keller Williams Realty
1001 Military Cutoff Rd
Wilmington, NC 28405
910-264-0585

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Wilmington Regional Association of REALTORS®, and is updated as of April 6, 2020. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor [name of IDX Participant’s firm] shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2020 MLS of WRAR, Inc.
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