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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

$471,359

AVERAGE PRICE OF 1,567 HOMES

$352,443

AVERAGE PRICE OF 23 DISTRESSED HOMES

$2,274,838

AVERAGE PRICE OF 91 MULTI-MILLION DOLLAR HOMES

$401,613

AVERAGE PRICE OF 505 NEWLY BUILT HOMES

$1,011,929

AVERAGE PRICE OF 100 HOMES WITH A POOL

$558,267

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $471,359
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $318,691
2 bedrooms $259,664
3 bedrooms $337,741
4 bedrooms $580,426
5 bedrooms $1,050,104
Wilmington Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 1,600 1,621 1,642 1,733 1,727
Average Price $476,105 $485,101 $486,484 $475,031 $466,726
Avg Price Change -1.89% -0.29% +2.41% +1.78% -1.50%
Median Price $334,383 $339,571 $344,295 $344,005 $341,831
Med Price Change -1.55% -1.39% +0.08% +0.64% +0.07%
Avg Bedrooms 3.31 beds 3.33 beds 3.33 beds 3.32 beds 3.3 beds
Avg Bathrooms 2.92 baths 2.95 baths 2.99 baths 2.98 baths 2.94 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ashley 318 $441,358 86 days
Hoggard 285 $502,888 70 days
Laney 393 $489,429 94 days
New Hanover 554 $460,718 109 days
Topsail 10 $448,230 103 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,567 $471,359 94 days
Distressed Homes 23 $352,443 84 days
Multi-Million Dollar Homes 91 $2,274,838 156 days
Newly Built Homes 505 $401,613 130 days
Homes with a Pool 100 $1,011,929 165 days
Reduced Price Homes 37 $558,267 74 days
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 October 26, 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.
Copyright 2020 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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