Wilmington, NC Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Are home prices dropping in Wilmington NC? ›

The median sale price of a home in Wilmington was $460K last month, up 11.1% since last year. The median sale price per square foot in Wilmington is $255, up 8.5% since last year.…

What are the benefits of moving to Wilmington, NC? Some of the best parts of living in Wilmington, NC are the affordable cost of living; the proximity to the ocean; and the large variety of year-round events in the area. Are there moving companies in Wilmington, NC? There are several moving companies in the area.

Mayfaire. If you want a more suburban-style family neighborhood near Wilmington, NC, Mayfaire may be for you. The community resides by Landfall and Wrightsville beach, which again is ideal for a family beach day.

Wilmington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Right now, the region is facing a severe housing shortage. The community is expected to be short more than 16,000 units in New Hanover County by 2032 — mostly in the form of rentals. Filling that need is a Herculean task — but since January of 2022, the city has more than 4700 units under review or under construction.

Housing costs in particular are more affordable than other coastal cities, making it a great place for those who want to enjoy coastal living without breaking the bank. The median house price in Wilmington is 390,000, 2.5% below the national average.

What are the safest neighborhoods in Wilmington, NC? The safest neighborhoods in Wilmington, NC, include Dolphin Bay/Inlet Point Harbor, Kirkland, Murraysville, Sentry Oaks/Deer Crossing, Cypress Island, Woodlake, Bent Tree/Brookefield, Masonboro, Ogden, and Silverlake.

What is the crime rate in Wilmington, NC? Wilmington, NC has a violent crime rate of 35.4% compared to the national average of 22.7% as of 2024. Additionally, it has a property crime rate of 60.8% which is notably higher than the national average of 35.4%.

Wilmington Demographics

White: 74.37% Black or African American: 16.21% Two or more races: 4.67% Other race: 3.14%

The North Carolina real estate market is set to experience record highs in 2022, according to the Zillow.com rankings which have placed Raleigh and Charlotte among America's hottest housing markets.

Is Wilmington NC a good investment? ›

Wilmington, North Carolina has emerged as a prime destination for both investors and homeowners looking to make a smart move. With its enticing combination of steady property appreciation and a growing population, Wilmington is capturing the attention of savvy real estate investors nationwide.

Best Time to Sell Your House for a Higher Price

April, May, and June are the best months to sell your house in North Carolina. The median sale price of houses in June 2023 was $401,200, which is expected to rise in 2024.

The North Carolina housing market isn't that competitive. The median home sales price in July 2024 has decreased in the past 3 months to $382,900.

Population trends

Among 28405 residents, there is a homeowner vacancy rate of 1.3% and a rental vacancy rate of 4.6% from a total of 14,943 units.

Wilmington, NC is an affordable city, with a cost of living 5% below the national average and 4% above the average for cities in North Carolina.