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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

$607,220

AVERAGE PRICE OF 799 HOMES

$318,846

AVERAGE PRICE OF 13 DISTRESSED HOMES

$1,896,676

AVERAGE PRICE OF 71 MULTI-MILLION DOLLAR HOMES

$635,331

AVERAGE PRICE OF 293 NEWLY BUILT HOMES

$1,110,598

AVERAGE PRICE OF 49 HOMES WITH A POOL

$557,574

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $607,220
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.92 baths

Average Price by Bedrooms

1 bedroom $334,135
2 bedrooms $344,576
3 bedrooms $551,886
4 bedrooms $725,402
5 bedrooms $877,300
Wilmington Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 749 815 925 932 987
Average Price $602,088 $581,289 $560,477 $588,358 $606,131
Avg Price Change +3.58% +3.71% -4.97% -3.02% -2.34%
Median Price $486,771 $476,369 $465,683 $481,630 $476,923
Med Price Change +2.18% +2.29% -3.42% +0.99% +1.27%
Avg Bedrooms 3.34 beds 3.33 beds 3.33 beds 3.37 beds 3.38 beds
Avg Bathrooms 2.94 baths 2.92 baths 2.9 baths 2.92 baths 2.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ashley 180 $549,625 87 days
Hoggard 112 $678,777 87 days
Laney 186 $716,188 80 days
New Hanover 313 $548,928 112 days
Topsail 6 $773,133 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 799 $607,220 96 days
Distressed Homes 13 $318,846 58 days
Multi-Million Dollar Homes 71 $1,896,676 119 days
Newly Built Homes 293 $635,331 139 days
Homes with a Pool 49 $1,110,598 73 days
Reduced Price Homes 24 $557,574 72 days

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Keller Williams Innovate
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 February 4, 2023. 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. © 2023 MLS of WRAR, Inc.
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