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Wilmington, NC

Full City Profile · North Carolina · New Hanover County County

3.3 /5.0
B Good
118,578 Population 2,308/sq mi density
$63,900 Median Income $46,062 per capita
$350,300 Home Value $408,845 Zillow
$1,311 Median Rent 32.1% income on rent
65°F Avg Temperature 312 sunny days/yr
608 Violent Crime/100K 2,880 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$63,900 median income, 3.0% unemployment
B+
Affordability
3.6 / 5.0
$350,300 home value, $1,311/mo rent
F
Safety
1.0 / 5.0
608 violent crimes/100K (60% above avg)
A+
Education
4.7 / 5.0
45.8% bachelor's degree or higher

Housing Overview

Median Home Value
$350,300
24% above
US avg: $281,900
Median Rent
$1,311/mo
13% above
US avg: $1,163/mo
Homeownership Rate
46.8%
28% below US avg (65.4%)
Total Housing Units
59,406
Median year built: 1987

Home Value by Source

Census Median
$350,300
Zillow (ZHVI)
$408,845
Median Sale Price
$442,500
Median List Price
$495,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

46.8%
Owner-Occupied
53.2%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,311/mo · Zillow rent: $1,670/mo

Market Indicators (Redfin)

Median Days on Market
75 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
136
Price Drops
19.8%
of listings with price reduction
Price Per Sq Ft
$260
Active Inventory
566
homes for sale

Affordability & Housing Stock

Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
46.8%

Complete Housing Data

Home Values

Census Median Value$350,300
Zillow Home Value (ZHVI)$408,845
Median Sale Price$442,500
Median List Price$495,000
Price Per Sq Ft$260

Rent

Census Median Rent$1,311
Zillow Rent (ZORI)$1,670
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market75
Sale-to-List Ratio1.0%
Price Drops19.8%
Homes Sold136
Active Inventory566
Price Per Sq Ft$260

Ownership & Stock

Owner-Occupied46.8%
Renter-Occupied53.2%
Homeownership Rate46.8%
Total Housing Units59,406
Median Year Built1987
Rent Burden32.1%