Wilmington Market Report
$709,559
AVERAGE PRICE OF 1,495 HOMES$728,500
AVERAGE PRICE OF 13 DISTRESSED HOMES$2,276,540
AVERAGE PRICE OF 208 MULTI-MILLION DOLLAR HOMES$671,017
AVERAGE PRICE OF 338 NEWLY BUILT HOMES$1,253,141
AVERAGE PRICE OF 98 HOMES WITH A POOL$710,859
AVERAGE PRICE OF 70 REDUCED PRICE HOMESAverage Home
| Average Price | $709,559 |
| Avg Bedrooms | 2.71 beds |
| Avg Bathrooms | 2.34 baths |
Average Price by Bedrooms
| 1 bedroom | $334,387 |
| 2 bedrooms | $383,001 |
| 3 bedrooms | $530,001 |
| 4 bedrooms | $885,602 |
| 5 bedrooms | $1,396,934 |
Wilmington Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,514 | 1,540 | 1,498 | 1,438 | 1,383 |
| Average Price | $704,036 | $708,880 | $715,862 | $706,837 | $705,844 |
| Avg Price Change | -0.69% | -0.98% | +1.28% | +0.14% | +4.91% |
| Median Price | $476,224 | $474,717 | $471,607 | $467,709 | $464,064 |
| Med Price Change | +0.32% | +0.66% | +0.83% | +0.79% | +4.10% |
| Avg Bedrooms | 2.72 beds | 2.71 beds | 2.66 beds | 2.62 beds | 2.63 beds |
| Avg Bathrooms | 2.34 baths | 2.35 baths | 2.3 baths | 2.28 baths | 2.29 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hoggard | 4 | $895,962 | 169 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,495 | $709,559 | 100 days |
| Distressed Homes | 13 | $728,500 | 81 days |
| Multi-Million Dollar Homes | 208 | $2,276,540 | 138 days |
| Newly Built Homes | 338 | $671,017 | 120 days |
| Homes with a Pool | 98 | $1,253,141 | 76 days |
| Reduced Price Homes | 70 | $710,859 | 68 days |
