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United States > North Carolina > New Hanover > Wilmington

Wilmington North Carolina Housing Market Overview

The Wilmington, NC housing market presents a balanced landscape for homeowners considering a sale. With a median sale price of $422,000 and a year-over-year increase of 0.5%, the market shows stability while maintaining competitive dynamics. Properties in Wilmington typically spend about 33 days on the market, demonstrating steady buyer interest in this coastal community.

Recent data reveals encouraging signs for sellers, with home sales up 6.8% compared to last year, reflecting heightened demand and a robust buying environment. Nearly 18% of properties sell above list price, showcasing the market’s competitive nature. The market’s 97.9% sale-to-list price ratio indicates strong negotiating positions for well-priced homes. Wilmington’s housing costs run slightly below the national average, continuing to attract relocating buyers from major metropolitan areas like Washington, DC, and New York, which fosters a diverse pool of potential buyers. For homeowners considering timing their sale, market activity remains robust across various property types, from single-family homes to condos, with particular strength in the Leland and Oak Island submarkets.

Why now is a good time to sell your property in Wilmington North Carolina

We serve throughout North Carolina, including areas such as Carolina Beach, Kure Beach, Wrightsville Beach, and Leland. We understand local market challenges:

– Experience with coastal property conditions
– Knowledge of flood zones and wind exposure areas
– Understanding of New Hanover County regulations

While the traditional market shows a 97.9% sale-to-list ratio and a 33-day average listing time, our direct approach offers certainty and speed regardless of market conditions.

Experience a Better Way to Sell Your Wilmington Home

Benefits of Owner Advocate

Benefits of Owner Advocate

In Wilmington’s median price market of $422,000, saving on commissions and repairs means significantly more money in your pocket. Our process accommodates all property types, including historic homes downtown and beachfront condos.
The process begins with a brief consultation about your property followed by a local market evaluation, leading to a fair cash offer provided within 72 hours, and finally, closing in as few as 10 days.

No repairs are needed, and there are no hidden fees or commissions involved. Skip the traditional 46-day selling period in New Hanover County altogether. Whether you own property in Wrightsville Beach, Carolina Beach, or Leland, we manage all paperwork and close on your schedule, making the process simple and straightforward.
$422,000
Median Sale Price
97.9%
List Price to Sale Price Ratio
33
Median Days on Market
$259
Price Per Square Foot
17.6%
Percent of Sales Over List Price
142
Number of Homes Sold (Month)
-2%
National Price Comparison
-4%
Cost of Living vs National
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Wilmington Key Takeaways
Median Sale Price:
$422,000
Wilmington housing market is changing
$422,000
The average home value is $422,000 and goes to pending in around 33 days.
33
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Wilmington North Carolina?

Common situations that motivate homeowners to sell quickly include job relocation, experiencing financial pressures, or managing an inherited property. Selling rapidly can provide immediate financial relief and reduce stress during challenging transitions. With homes taking 33 days to sell traditionally, quick sales are crucial for avoiding foreclosure, managing inherited property expenses efficiently, relocating for work or retirement, and dealing with personal changes such as divorce.

In Wilmington’s market, where properties face significant environmental challenges, including 31% flood risk and 65% wind risk, acting quickly can protect your investment from unforeseen events and market fluctuations. Our network of buyers offers practical solutions to help you bypass the typical 33-day listing period and the uncertainties of market conditions.

Frequently Asked Questions About Selling Your Wilmington Home

Q: How quickly can you close on my house in Wilmington?

A: We can typically close in as few as 10 days, compared to the local 33-day market average. You choose the closing date.

Q: Do you buy homes in as-is condition?

A: Yes, we connect you with buyers who purchase homes throughout New Hanover County in any condition — no repairs needed.

Q: Are there any fees or commissions?

A: No fees or commissions! We cover all standard closing costs.

Q: How does your home buying process work?

A: Contact us, receive a cash offer within 72 hours, accept, and close in as few as 10 days. We handle all paperwork.

Q: Can you help if I’m facing a difficult situation?

A: We help homeowners facing foreclosure, relocation, divorce, or inherited property challenges throughout the region.

Q: Do you buy houses in other locations in North Carolina?

A: Yes, we buy houses throughout North Carolina, including Cary, Charlotte, Durham, Fayetteville, Greensboro, Raleigh, and Winston-Salem.

Get Top Dollar for your Home

Sell Your Wilmington Home Fast – Get Started Today!

Skip the 33-day average market wait. Get a cash offer within 72 hours and close in as few as 10 days. No repairs, no fees, no hassle.

With Wilmington’s median home price at $422,000 and increasing environmental risks, having a serious buyer matters. Whether you own property downtown, near Wrightsville Beach, or in Leland, we’ll connect you with our network of buyers who will make a fair cash offer and close on your schedule.

Contact us now for your no-obligation cash offer and sell your home on your terms.
Get Top Dollar Now