The Downtown Wilmington housing market is somewhat competitive. The median sale price of a home in Downtown Wilmington was $410K last month, up 5.3% since last year. The median sale price per square foot in Downtown Wilmington is $510, down 0.098% since last year.
What is the housing market like in Downtown Wilmington today?
In March 2024, Downtown Wilmington home prices were up 5.3% compared to last year, selling for a median price of $410K. On average, homes in Downtown Wilmington sell after 74 days on the market compared to 24 days last year. There were 11 homes sold in March this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,000
+5.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Wilmington, NC
$410,000
+5.3%
United States
To compare other locations to the Downtown Wilmington 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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How hot is the Downtown Wilmington housing market?
Downtown Wilmington is somewhat competitive. Homes sell in 14.5 days.
0
100
68
Somewhat 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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 15 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
Learn about schools in the Downtown Wilmington area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Downtown Wilmington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Wilmington.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Wilmington has a moderate risk of flooding. 125 properties in Downtown Wilmington are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Downtown Wilmington. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Wilmington has a moderate risk of wildfire. There are 739 properties in Downtown Wilmington that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Downtown Wilmington.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Wilmington has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Wilmington is most at risk from hurricanes. 742 properties in Downtown 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 120 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 134 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Wilmington has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Wilmington have an Extreme Heat Factor®.
Downtown Wilmington is expected to see a 185% increase in the number of days over 105ºF over the next 30 years. Downtown Wilmington is expected to experience 8