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Wilmington Market Report

$638,882

AVERAGE PRICE OF 958 HOMES

$276,811

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,912,433

AVERAGE PRICE OF 103 MULTI-MILLION DOLLAR HOMES

$630,420

AVERAGE PRICE OF 341 NEWLY BUILT HOMES

$1,021,093

AVERAGE PRICE OF 56 HOMES WITH A POOL

$496,338

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $638,882
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.92 baths

Average Price by Bedrooms

1 bedroom $346,512
2 bedrooms $397,568
3 bedrooms $501,119
4 bedrooms $863,787
5 bedrooms $988,564
Wilmington Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 936 908 882 870 864
Average Price $667,738 $680,533 $675,088 $671,079 $645,706
Avg Price Change -1.92% +0.81% +0.60% +3.93% +3.02%
Median Price $476,997 $488,092 $506,530 $502,607 $493,012
Med Price Change -2.33% -3.78% +0.78% +1.95% +1.32%
Avg Bedrooms 3.32 beds 3.35 beds 3.4 beds 3.37 beds 3.36 beds
Avg Bathrooms 2.91 baths 2.95 baths 2.97 baths 2.98 baths 2.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ashley 198 $566,196 69 days
Hoggard 208 $701,881 66 days
Laney 199 $750,694 68 days
New Hanover 343 $564,725 102 days
Topsail 9 $1,160,200 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 958 $638,882 80 days
Distressed Homes 17 $276,811 61 days
Multi-Million Dollar Homes 103 $1,912,433 118 days
Newly Built Homes 341 $630,420 120 days
Homes with a Pool 56 $1,021,093 57 days
Reduced Price Homes 44 $496,338 43 days

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1001 Military Cutoff Rd
Wilmington, NC 28405
910-264-0585

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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 September 21, 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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