Wilmington Market Report
$693,259
AVERAGE PRICE OF 1,462 HOMES$596,936
AVERAGE PRICE OF 19 DISTRESSED HOMES$2,148,264
AVERAGE PRICE OF 210 MULTI-MILLION DOLLAR HOMES$712,466
AVERAGE PRICE OF 318 NEWLY BUILT HOMES$1,214,152
AVERAGE PRICE OF 92 HOMES WITH A POOL$497,990
AVERAGE PRICE OF 72 REDUCED PRICE HOMESAverage Home
| Average Price | $693,259 |
| Avg Bedrooms | 2.15 beds |
| Avg Bathrooms | 1.98 baths |
Average Price by Bedrooms
| 1 bedroom | $320,266 |
| 2 bedrooms | $439,359 |
| 3 bedrooms | $445,765 |
| 4 bedrooms | $891,636 |
| 5 bedrooms | $1,420,006 |
Wilmington Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,519 | 1,514 | 1,503 | 1,521 | 1,550 |
| Average Price | $688,311 | $702,724 | $702,405 | $702,772 | $708,806 |
| Avg Price Change | -2.09% | +0.05% | -0.05% | -0.86% | -1.01% |
| Median Price | $459,596 | $464,588 | $474,080 | $475,693 | $474,961 |
| Med Price Change | -1.09% | -2.04% | -0.34% | +0.15% | +0.57% |
| Avg Bedrooms | 2.16 beds | 2.08 beds | 2.24 beds | 2.55 beds | 2.67 beds |
| Avg Bathrooms | 1.98 baths | 1.91 baths | 2.06 baths | 2.44 baths | 2.59 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| New Hanover | 471 | $628,871 | 106 days |
| New Hanover County Schools | 2 | $439,450 | 143 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,462 | $693,259 | 113 days |
| Distressed Homes | 19 | $596,936 | 69 days |
| Multi-Million Dollar Homes | 210 | $2,148,264 | 103 days |
| Newly Built Homes | 318 | $712,466 | 135 days |
| Homes with a Pool | 92 | $1,214,152 | 89 days |
| Reduced Price Homes | 72 | $497,990 | 93 days |
