What is the housing market like in The Flats today?
In September 2024, The Flats home prices were down 27.0% compared to last year, selling for a median price of $183K.
$262K
Sale Price
$147
Sale $/Sq. Ft.
Over List Price
4.7%
Days on Market
53
Down Payment
—
Total Homes Sold
1
To compare other locations to the The Flats and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Wilmington add value to a home.
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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 The Flats housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Flats.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Flats has a moderate risk of flooding. 54 properties in The Flats are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in The Flats. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
The Flats has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Flats is most at risk from hurricanes. 559 properties in The Flats 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.