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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

$488,017

AVERAGE PRICE OF 1,635 HOMES

$250,474

AVERAGE PRICE OF 27 DISTRESSED HOMES

$2,290,749

AVERAGE PRICE OF 102 MULTI-MILLION DOLLAR HOMES

$409,077

AVERAGE PRICE OF 481 NEWLY BUILT HOMES

$898,269

AVERAGE PRICE OF 127 HOMES WITH A POOL

$537,282

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $488,017
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.97 baths

Average Price by Bedrooms

1 bedroom $315,792
2 bedrooms $298,755
3 bedrooms $323,306
4 bedrooms $592,012
5 bedrooms $1,119,658
Wilmington Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 1,642 1,733 1,727 1,681 1,724
Average Price $486,484 $475,031 $466,726 $473,713 $475,350
Avg Price Change +2.41% +1.78% -1.50% -0.35% +2.22%
Median Price $344,295 $344,005 $341,831 $341,593 $344,513
Med Price Change +0.08% +0.64% +0.07% -0.85% +1.06%
Avg Bedrooms 3.33 beds 3.32 beds 3.3 beds 3.28 beds 3.31 beds
Avg Bathrooms 2.99 baths 2.98 baths 2.94 baths 2.93 baths 2.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ashley 334 $430,058 89 days
Hoggard 278 $528,690 83 days
Laney 441 $537,312 96 days
New Hanover 562 $466,139 135 days
Topsail 13 $408,637 95 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,635 $488,017 106 days
Distressed Homes 27 $250,474 87 days
Multi-Million Dollar Homes 102 $2,290,749 209 days
Newly Built Homes 481 $409,077 161 days
Homes with a Pool 127 $898,269 236 days
Reduced Price Homes 37 $537,282 81 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 August 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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