Wilmington Island, GA

Buyer's market-23.5% YoY

Housing market overview · Updated weekly

$371,000median sale price

Homes sold

15

Last 12 weeks

Days on market

66

Average pace

Active listings

80

5.3 months supply

Sale-to-list

96.9%

Below asking

The Wilmington Island housing market is currently classified as a buyer's market with a median sale price of $371,000. Prices have fallen 23.5% compared to last year, with homes spending an average of 66 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Wilmington Island

There are currently 80 homes listed for sale in Wilmington Island, Georgia. The median listing price is $482K.

Active listings

80

Homes on market

Median list price

$482K

Avg. days on market

66

Days until sale

New this week

26

Newly listed

Price drops:20.0%of listings
Sale-to-list:96.9%

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Frequently asked questions

What is the average home price in Wilmington Island?

The median home sale price in Wilmington Island is $371,000, down 23.5% from last year.

How long do homes stay on market in Wilmington Island?

Homes typically spend 66 days on market before going under contract.

Is Wilmington Island a buyer's or seller's market?

With 5.3 months of supply, Wilmington Island is currently a buyer's market.

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