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Area data

Wilmington, NC — ZIP 28403

Population: 40,319 (Census ACS)

Home values & appreciation

Median home value
$399,701
1-year appreciation
+0.5%
3-year appreciation
+5.2%
5-year appreciation
+33.0%
10-year appreciation
+102.1%
All-time peak (2025-03)
$400,639
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$465,000
Median list price
$499,000
Median days on market
48.5 days
Sale-to-list ratio
97.5%
Active listings
157
1-year forecast
+2.3%
Days to pending
48 days
New listings (monthly)
46

Rents

Typical rent
$1,746/mo
1-year rent change
+4.2%
1BR fair-market rent
$1,135/mo
3BR fair-market rent
$1,700/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
6
Middle schools
1
High schools
2
Charter schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hurricane, lightning, coastalFlooding, iceStorm, tornado
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
65.0°F
Average high
74.0°F
Average low
55.0°F
Annual precipitation
66.0 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
237

Walkability & transit

Walkability index
13.3 / 20
Transit service frequency
791

Amenities

National parks within ~60 mi
1
Nearest national park
Moores Creek National Battlefield (21 mi)
Nearest airport
Wilmington International Airport (ILM) (4 mi)
Nearest major airport
Wilmington International Airport (ILM) (4 mi)
Hospitals nearby (~15 mi)
2
Solar radiation rating
Good (4.5 kWh/m²/day)

Migration

Net migration
+1,535 tax filers

Housing stock

Median year housing built
1,989
Median annual property tax
$2,501
Mean commute to work
15 min
Households with broadband internet
78.0%

Employment & development

Total county employment
114,642
Average weekly wage
$1,130
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
58

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents