Wilmington Market Report
$694,739
AVERAGE PRICE OF 1,415 HOMES$616,544
AVERAGE PRICE OF 18 DISTRESSED HOMES$2,124,993
AVERAGE PRICE OF 207 MULTI-MILLION DOLLAR HOMES$709,173
AVERAGE PRICE OF 322 NEWLY BUILT HOMES$1,200,132
AVERAGE PRICE OF 91 HOMES WITH A POOL$487,163
AVERAGE PRICE OF 63 REDUCED PRICE HOMESAverage Home
| Average Price | $694,739 |
| Avg Bedrooms | 2.62 beds |
| Avg Bathrooms | 2.3 baths |
Average Price by Bedrooms
| 1 bedroom | $318,374 |
| 2 bedrooms | $384,498 |
| 3 bedrooms | $509,052 |
| 4 bedrooms | $907,707 |
| 5 bedrooms | $1,405,649 |
Wilmington Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,516 | 1,511 | 1,499 | 1,514 | 1,540 |
| Average Price | $684,144 | $700,426 | $703,286 | $704,036 | $708,880 |
| Avg Price Change | -2.38% | -0.41% | -0.11% | -0.69% | -0.98% |
| Median Price | $459,519 | $464,043 | $474,317 | $476,224 | $474,717 |
| Med Price Change | -0.98% | -2.21% | -0.40% | +0.32% | +0.66% |
| Avg Bedrooms | 2.66 beds | 2.67 beds | 2.72 beds | 2.72 beds | 2.71 beds |
| Avg Bathrooms | 2.3 baths | 2.31 baths | 2.34 baths | 2.34 baths | 2.35 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| New Hanover | 463 | $639,107 | 109 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,415 | $694,739 | 118 days |
| Distressed Homes | 18 | $616,544 | 75 days |
| Multi-Million Dollar Homes | 207 | $2,124,993 | 157 days |
| Newly Built Homes | 322 | $709,173 | 135 days |
| Homes with a Pool | 91 | $1,200,132 | 93 days |
| Reduced Price Homes | 63 | $487,163 | 101 days |
