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Housing in Wilmington

1,826 homes sold in Wilmington in the last year, at a typical $460K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Wilmington homes are listed.

Homes sold
1,826
June 2025 to May 2026
Typical sale price
$460K
houses $505K · condos $241K
Price per square foot
$262
North Carolina $207
Paid vs. asking
97.4%
14% sold over asking
For sale now
685
May 2026 · 184 sold that month
What sold · last 12 months

13% of Wilmington’s sales are condos, at $264K less than a house

1338 houses and 231 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$505K

typical sale · 1338 sold in 12 months

Per square foot
$273NC $207
Days to sell
45
Sold over asking
17%
Listings with a price cut
29%
Condos$241K

typical sale · 231 sold in 12 months

Per square foot
$211NC $275
Days to sell
56
Sold over asking
6%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 27 sold, typical $510K
Townhouses: 230 sold, typical $373K

Too few sales in 12 months for reliable figures.

11 years of sales

Fewer homes sell than before 2022, at 2.2 times the 2016 price

1,826 sales in the last year, against 2,831 in 2021 and a low of 1,831 in 2015. The typical sale went from $206K in 2016 to $460K.

Homes soldTypical sale price
0712142521372850$200K$300K$400K$500K2015: 1831 sold, typical $194K’152016: 2155 sold, typical $206K2017: 2185 sold, typical $228K’172018: 2315 sold, typical $234K2019: 2472 sold, typical $243K’192020: 2657 sold, typical $276K2021: 2831 sold, typical $311K’212022: 2223 sold, typical $380K2023: 1831 sold, typical $410K’232024: 1968 sold, typical $449K2025: 1879 sold, typical $447K’25Last 12 months: 1826 sold, typical $460KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Wilmington

Houseat $273 a sq ft
Condoat $211 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Wilmington homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Wilmington are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Wilmington’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,826 sales.

If you’re buying in Wilmington

  • Shop in February. It brings about 216 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Offer under asking. Buyers paid 97.4% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 48 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 263 a month), but June is the most competitive: 27% of June sales close over asking. December has the least competition (17%) but only about 130 new listings.

New listings a monthShare sold over asking
066.3132.5198.826513%27%40%Sweet spotJan: 190 new listings a month, 19% sold over asking, 75 days to sellJFeb: 216 new listings a month, 20% sold over asking, 74 days to sellFMar: 263 new listings a month, 24% sold over asking, 63 days to sellMApr: 258 new listings a month, 27% sold over asking, 55 days to sellAMay: 253 new listings a month, 25% sold over asking, 52 days to sellMJun: 254 new listings a month, 27% sold over asking, 54 days to sellJJul: 240 new listings a month, 23% sold over asking, 53 days to sellJAug: 225 new listings a month, 23% sold over asking, 55 days to sellASep: 188 new listings a month, 20% sold over asking, 57 days to sellSOct: 206 new listings a month, 21% sold over asking, 63 days to sellONov: 169 new listings a month, 21% sold over asking, 62 days to sellNDec: 130 new listings a month, 17% sold over asking, 63 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like North Carolina as a whole

Wilmington now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price14%18%37%17%
Gone within two weeksShare of homes under contract within 14 days33%3%2%30%
Listings with a price cutShare of homes for sale that cut their price27%——27%
Price paid vs. askingAverage sale price ÷ list price97.4%97.4%99.6%97.8%
Days to sellMedian days from listing to contract48775562
Supply

557 homes for sale on a typical day

That’s twice the 2023 low (282), 36% fewer than in 2017–19 and well under 2015’s 970.

2015: 970 for sale’152016: 917 for sale2017: 920 for sale2018: 888 for sale’182019: 785 for sale2020: 727 for sale2021: 593 for sale’212022: 323 for sale2023: 282 for sale2024: 452 for sale’242025: 502 for saleLast 12 months: 557 for saleNow
Room to negotiate

1 in 4 listings has cut its price

27% in the last year, against — in 2017–19 and 27% across North Carolina.

2022: 24%’222023: 27%2024: 28%2025: 29%’25Last 12 months: 27%Now
Prices by type

Since 2019, houses are up 80%, condos 67%

A house typically sold for $505K in the last year (1338 sales), a condo for $241K (231).

$150K$300K$450K$600K201420162018202020222024NowHouses 2014: $221K, 748 salesHouses 2015: $228K, 1297 salesHouses 2016: $241K, 1484 salesHouses 2017: $263K, 1562 salesHouses 2018: $275K, 1602 salesHouses 2019: $280K, 1703 salesHouses 2020: $319K, 1787 salesHouses 2021: $357K, 1916 salesHouses 2022: $432K, 1555 salesHouses 2023: $467K, 1280 salesHouses 2024: $505K, 1412 salesHouses 2025: $500K, 1368 salesHouses last 12 months: $505K, 1338 salesHouses $505KCondos 2014: $106K, 153 salesCondos 2015: $116K, 291 salesCondos 2016: $116K, 329 salesCondos 2017: $125K, 345 salesCondos 2018: $135K, 392 salesCondos 2019: $144K, 412 salesCondos 2020: $161K, 491 salesCondos 2021: $187K, 532 salesCondos 2022: $224K, 365 salesCondos 2023: $245K, 296 salesCondos 2024: $247K, 308 salesCondos 2025: $248K, 246 salesCondos last 12 months: $241K, 231 salesCondos $241K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across North Carolina

Wilmington ranks 122nd of 224 busy North Carolina markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Wilmington is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Wilmington home costs about $2,655 a month

Mortgage
Property tax
Insurance
Rent

Price: Wilmington’s typical sale, last 12 months. Property tax at Wilmington’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wilmington is affordable on local pay is on Cost of living.

Before you buy in Wilmington

Six things worth knowing

263

New listings in March

The month with the most choice. December has the fewest, about 130.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $460K home, about $3,070 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Wilmington, from test results, graduation and how much students grow.

Schools in Wilmington
19 min

Typical commute

The average one-way trip to work for people who live in Wilmington.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Kings Grant, Silver Lake, Myrtle Grove, Wrightsboro and Murraysville sell for less a square foot; Wrightsville Beach for far more

The busier markets within 25 miles of Wilmington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Wilmington1,826$460K$26214%48
Murraysville269$364K$24219%37
Myrtle Grove211$519K$24718%50
Wrightsboro104$424K$23417%72
Silver Lake98$395K$23716%41
Wrightsville Beach95$1.7M$1,00013%80
Kings Grant93$353K$22918%35

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Wilmington, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wilmington. People who follow the town see it, and so do people comparing Wilmington with their own town. No commission, no listing fee.

Questions about buying a home in Wilmington

What do homes sell for in Wilmington, NC?

1,826 homes sold in the year to May 2026 at a typical $460K, $262 a square foot. Houses sold for about $505K, condos for about $241K.

Is Wilmington a buyer’s or seller’s market?

A seller’s market: 685 homes were for sale in May 2026 and 184 sold, about 3.7 months of supply. Buyers paid 97.4% of asking on average, and 27% of listings cut their price.

When is the best time to buy in Wilmington?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Wilmington?

About 0.7% of a home’s value a year. On a $460K home that’s near $3,070.

Where can I see homes for sale in Wilmington?

Zillow, Redfin, Realtor.com and Homes.com all carry Wilmington’s MLS listings; the search links above open each one filtered to Wilmington.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).