The Wilmington housing market is very competitive. Homes in Wilmington receive 1 offers on average and sell in around 22 days. The median sale price of a home in Wilmington was $495K last month, up 26.3% since last year. The median sale price per square foot in Wilmington is $260, up 9.5% since last year.
What is the housing market like in Wilmington today?
In August 2024, Wilmington home prices were up 26.3% compared to last year, selling for a median price of $495K. On average, homes in Wilmington sell after 22 days on the market compared to 9 days last year. There were 179 homes sold in August this year, down from 195 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$495,000
+26.3% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Wilmington, NC
$495,000
+26.3%
United States
To compare other locations to the Wilmington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Wilmington's median sale price is 12% higher than the national average. Overall cost of living in Wilmington is 4% lower than the national average. Learn which home features in Wilmington add value to a home.
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How hot is the Wilmington housing market?
Wilmington is very competitive. Homes sell in 19 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 19 days.
Hot homes
can sell for around list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Wilmington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Wilmington.
Flood Factor - Minor
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Wilmington has a minor risk of flooding. 8,891 properties in Wilmington are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in Wilmington. Flood risk is increasing slower than the national average.
68% of properties are at risk of wildfire over the next 30 years
Fire Factor
Wilmington has a moderate risk of wildfire. There are 29,483 properties in Wilmington that have some risk of being affected by wildfire over the next 30 years. This represents 68% of all properties in Wilmington.
65% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Wilmington has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Wilmington is most at risk from hurricanes. 28,090 properties in Wilmington have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 172 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 188 mph.