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Wilmington Market Report

$471,670

AVERAGE PRICE OF 1,700 HOMES

$409,164

AVERAGE PRICE OF 27 DISTRESSED HOMES

$2,148,485

AVERAGE PRICE OF 104 MULTI-MILLION DOLLAR HOMES

$420,440

AVERAGE PRICE OF 557 NEWLY BUILT HOMES

$815,186

AVERAGE PRICE OF 170 HOMES WITH A POOL

$318,285

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $471,670
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

1 bedroom $313,375
2 bedrooms $317,856
3 bedrooms $329,990
4 bedrooms $590,765
5 bedrooms $989,917
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 319 $464,695 110 days
Hoggard 264 $474,176 91 days
Laney 488 $509,072 104 days
New Hanover 608 $447,464 189 days
Topsail 16 $382,162 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,700 $471,670 134 days
Distressed Homes 27 $409,164 96 days
Multi-Million Dollar Homes 104 $2,148,485 233 days
Newly Built Homes 557 $420,440 226 days
Homes with a Pool 170 $815,186 394 days
Reduced Price Homes 34 $318,285 88 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 April 4, 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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