Real Estate Market Update for Wilmington, NC
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 29% from one year earlier, and down 8% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 10%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 250-thousand dollars. The number of units sold decreased 8% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Wilmington, NC
Area Information for Wilmington, NC
  • Population: 120,442
  • Median Age: 36.2 yr
  • Median Commute Time: 18 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 2,315/sq mi
  • Population Change Since 2000: 32.92%
  • Closest Airport: Wilmington International
  • Closest College: University Of North Carolina-wilmington
  • Closest Jr. College: Cape Fear Community College
  • Median Household Income: $46,429
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $200,000
  • Closest Major Sports Team: Myrtle Beach Pelicans (a)
  • Change Avg. Household Income Since 2000: 39.27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Wilmington, NC
Median Age: 36.2 Married: 32% Number of Households: 53,595 Households with Children: 11,382
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Wilmington, NC

      School Name Distance Type Grades School Rating Parent Rating
      Edwin A. Anderson Elementary 2.8 mi Public K-5 3 0
      Eugene Ashley High 3.0 mi Public 9-12 3 3
      Charles P Murray Middle 3.0 mi Public 6-8 4 0
      Island Montessori Charter 3.3 mi Public K-8 3 0
      Heyward C Bellamy Elementary 3.4 mi Public 1-5 4 0
      Wilmington Academy Of Arts & Sci 3.8 mi Private 4-8 0 0
      Mary C Williams Elementary 4.0 mi Public K-5 2 0
      Coastal Christian High School 4.6 mi Private 9-12 0 0
      Myrtle Grove Christian School 4.9 mi Private PRESCHOOL-8 0 0
      Myrtle Grove Middle 5.0 mi Public 6-8 4 4
      College Road Early Childhood Center 5.3 mi Public PRESCHOOL-K 0 0
      Dr John Codington Elementary 5.4 mi Public K-5 5 0
      Cape Fear Academy 6.4 mi Private PRESCHOOL-12 0 0
      New Horizons Elementary School 6.6 mi Private K-5 0 0
      Pine Valley Elementary 6.7 mi Public K-5 3 4
      Pine Valley Umc Wee Care Preschool & Kindergarten 7.7 mi Private PRESCHOOL-K 0 0
      Sunset Park Elementary 7.8 mi Public K-5 1 0
      Walter L Parsley Elementary 8.0 mi Public K-5 5 0
      Holly Tree Elementary 8.0 mi Public K-5 5 4
      Noah's Ark Children's Center 8.0 mi Private PRESCHOOL-K 0 0
      John T Hoggard High 8.1 mi Public 9-12 4 4
      Edwin A Alderman Elementary 8.1 mi Public PRESCHOOL-5 1 0
      Lake Forest Academy 8.5 mi Public K-8 0 0
      Roland-grise Middle School 8.6 mi Public 6-8 4 0
      Wesley Memorial Child Education Center 9.0 mi Private PRESCHOOL-K 0 0
      Winter Park Model Elementary 9.1 mi Public K-5 1 0
      Ephesus Junior Academy 9.3 mi Private 1-8 0 0
      Isaac M bear High 9.5 mi Public 9-12 5 4
      Williston Middle 9.5 mi Public 6-8 1 0
      Bradley Creek Elementary 9.5 mi Public K-5 3 0
      St. Mary Catholic School 9.6 mi Catholic PRESCHOOL-8 0 0
      Gregory Elementary 9.6 mi Public K-6 1 0
      Forest Hills Elementary 9.7 mi Public K-5 1 0
      St James Day School 9.7 mi Private PRESCHOOL-K 0 0
      Pathways Middle And High School 9.8 mi Private 5-12 0 0
      Cape Fear Center For Inquiry 9.9 mi Public K-8 4 0
      Friends School 9.9 mi Private PRESCHOOL-8 0 0
      Hill School Of Wilmington 9.9 mi Private 1-8 0 0
      New Hanover High 9.9 mi Public 9-12 2 4
      Girls Leadership Academy Of Wilmington 10.1 mi Public 6-6 0 0
      Douglass Academy 10.2 mi Public K-5 0 0
      Annie H Snipes Elementary 10.2 mi Public K-5 0 0
      Wilmington Sda School 10.3 mi Private K-8 0 0
      Calvary Christian School 10.5 mi Private PRESCHOOL-12 0 0
      Rachel Freeman Elementary 10.6 mi Public PRESCHOOL-5 0 0
      D.c. Virgo preparatory Academy 10.8 mi Public 6-8 0 0
      Mary S Mosley Performance Learning Center 10.8 mi Public 9-12 1 0
      St. Mark Catholic School 11.6 mi Catholic K-8 0 0
      Wilmington Christian Academy 12.9 mi Private PRESCHOOL-12 0 0
      M C S Noble Middle 13.0 mi Public 6-8 4 0
      Dr Hubert Eaton Sr Elementary 13.7 mi Public K-5 5 0
      Wrightsboro Elementary 13.9 mi Public PRESCHOOL-5 1 3
      Ogden Elementary 14.6 mi Public K-5 5 0
      Emsley A Laney High 15.0 mi Public 9-12 4 3
      Emma B Trask Middle 15.1 mi Public 6-8 4 0
      Murrayville Elementary 15.4 mi Public K-5 4 0
      John J Blair Elementary 16.6 mi Public K-5 3 0
      Coastal Prep Academy 5,537.0 mi Public - 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Wilmington, NC
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.