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Featured local agent — Wilmington, NC
Sarah Mitchell
Compass Real Estate · Wilmington, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wilmington, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$487,038median sale price
How is the Wilmington, NC housing market right now?
The median home sale price in Wilmington, NC is $487,038, up 2.2% year-over-year. Homes sell in an average of 64 days with 685 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wilmington a buyer's or seller's market?
Wilmington, NC is currently a balanced market, based on 3.7 months of supply and homes selling in about 64 days. How we determine this →
Homes sold
184
Last 12 weeks
Days on market
64
Average pace
Active listings
685
3.7 months supply
Sale-to-list
97.6%
Below asking
What does the Wilmington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $487,038 |
| Median list price | $480,000 |
| Year-over-year price change | +2.2% |
| Average days on market | 64 days |
| Active inventory | 685 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 97.6% |
| Median price per sq ft | $262/sq ft |
| Homes sold (latest month) | 184 |
| New listings (latest month) | 239 |
| Listings with a price cut | 25.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wilmington by property type?
How the Wilmington, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $532,500 | $279/sq ft | 132 | 62 days |
| Condo / Co-op | $239,250 | $205/sq ft | 24 | 68 days |
| Townhouse | $350,000 | $248/sq ft | 21 | 83 days |
Source: Redfin · Updated monthly
The Wilmington housing market is currently classified as a balanced market with a median sale price of $487,038. Prices have risen 2.2% compared to last year, with homes spending an average of 64 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in Wilmington
There are currently 685 homes listed for sale in Wilmington, North Carolina. The median listing price is $480K.
Active listings
685
Homes on market
Median list price
$480K
Avg. days on market
64
Days until sale
New this week
239
Newly listed
Who lives in Wilmington?
Population
118,578
Median income
$63,900/yr
Median age
37.5 years
Owner-occupied
46.8%
College grads
45.8%
Avg commute
18.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Wilmington?
Zillow home value
$422,872
Zillow rent index
$1,694/mo
Price-to-rent ratio
20.8x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Wilmington?
Wilmington is a community of approximately 119K residents with a median age of 37.5 years.The median household income is $63,900, which represents a working-class community with solid middle-income opportunities. 45.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 46.8%, showing a blend of owner and renter-occupied properties. The average commute time is 18.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wilmington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wilmington?
44 schools tracked · 24,961 students
The largest public schools serving Wilmington, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Emsley A Laney High
Grades 9-12 · 2,248 students
John T Hoggard High
Grades 9-12 · 2,178 students
Eugene Ashley High
Grades 9-12 · 1,899 students
New Hanover High
Grades 9-12 · 1,515 students
Charles P Murray Middle
Grades 6-8 · 899 students
American Leadership Academy-Coastal
Grades K-10 · 862 students
Roland-Grise Middle
Grades 6-8 · 848 students
Williston Middle
Grades 6-8 · 661 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wilmington, NC?
Want a head-to-head view? Compare Wilmington side-by-side with any other U.S. city using our market-comparison tool.
Is Wilmington a good real estate investment market?
For investors evaluating Wilmington, the price-to-rent ratio of 20.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Wilmington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wilmington's median home price.
Frequently asked questions
What is the average home price in Wilmington?
The median home sale price in Wilmington is $487,038, up 2.2% from last year.
How long do homes stay on market in Wilmington?
Homes typically spend 64 days on market before going under contract.
What is the median income in Wilmington?
The median household income is $63,900 per year.
Is Wilmington a buyer's or seller's market?
With 3.7 months of supply, Wilmington is currently a balanced market.
What is the Zillow home value estimate for Wilmington?
The Zillow Home Value Index (ZHVI) for Wilmington is $422,872, representing the typical home value in the area.
What is the median condo price in Wilmington?
The median condo/co-op sale price in Wilmington, NC is $239,250, compared to $532,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wilmington?
The median single-family home price in Wilmington, NC is $532,500 (about $279 per square foot).
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