Wilmington Market Report
$688,942
AVERAGE PRICE OF 1,459 HOMES$596,936
AVERAGE PRICE OF 19 DISTRESSED HOMES$2,122,658
AVERAGE PRICE OF 209 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 | $688,942 |
| Avg Bedrooms | 2.63 beds |
| Avg Bathrooms | 2.29 baths |
Average Price by Bedrooms
| 1 bedroom | $320,266 |
| 2 bedrooms | $379,718 |
| 3 bedrooms | $511,630 |
| 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 | 1,516 | 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 | 471 | $628,871 | 106 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,459 | $688,942 | 115 days |
| Distressed Homes | 19 | $596,936 | 69 days |
| Multi-Million Dollar Homes | 209 | $2,122,658 | 157 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 |
