The Chestnut Heights-Princess Place housing market is somewhat competitive. The median sale price of a home in Chestnut Heights-Princess Place was $300K last month, up 7.0% since last year. The median sale price per square foot in Chestnut Heights-Princess Place is $242, down 6.4% since last year.
Chestnut Heights-Princess Place Housing Market Trends
What is the housing market like in Chestnut Heights-Princess Place today?
In October 2024, Chestnut Heights-Princess Place home prices were up 7.0% compared to last year, selling for a median price of $300K. On average, homes in Chestnut Heights-Princess Place sell after 39 days on the market compared to 137 days last year. There were 11 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,000
+7.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Chestnut Heights-Princess Place, NC
$300,000
+7.0%
United States
To compare other locations to the Chestnut Heights-Princess Place 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 Chestnut Heights-Princess Place housing market?
Chestnut Heights-Princess Place is somewhat competitive. Homes sell in 22 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 3% below list price and go pending in around 22 days.
Hot homes
can sell for about 1% below list price and go pending in around 7 days.
Learn about schools in the Chestnut Heights-Princess Place area
Elementary
Middle
High
GreatSchools Rating
3/10
Annie H Snipes Elementary
Public • K-5
383
Students
2 reviews
2/10
Rachel Freeman Elementary
Public • PreK-5
299
Students
2 reviews
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 Chestnut Heights-Princess Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Chestnut Heights-Princess Place.
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Chestnut Heights-Princess Place has a minor risk of flooding. 126 properties in Chestnut Heights-Princess Place are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Chestnut Heights-Princess Place. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Chestnut Heights-Princess Place has a moderate risk of wildfire. There are 835 properties in Chestnut Heights-Princess Place that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Chestnut Heights-Princess Place.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Chestnut Heights-Princess Place has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Chestnut Heights-Princess Place is most at risk from hurricanes. 830 properties in Chestnut Heights-Princess Place 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 127 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 140 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Chestnut Heights-Princess Place has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Chestnut Heights-Princess Place have an Extreme Heat Factor®.
Chestnut Heights-Princess Place is expected to see a 185% increase in the number of days over 105ºF over the next 30 years. Chestnut Heights-Princess Place is expected to experience 9