Market Overview
Home Prices in Wilmington, NC
The median home value in Wilmington, NC is $422,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wilmington are priced3% above average. Wilmington is part of the Wilmington, NC metro area.
Over the past five years, Wilmington home values have risen by approximately34.6%, reflecting strong long-term appreciation in this market.
Price History
Wilmington Home Price Trend
City Comparison
Wilmington vs. National Median
At $422,872, homes in Wilmington cost 3% above the national median of $410,000. Buyers in Wilmington should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Wilmington?
20% Down Payment
$84,574
on $422,872
Monthly P&I
$2,205/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,800/mo
incl. taxes & insurance
Income Needed
$112,000
gross annual (30% rule)
10% Down Option
$42,287
+ PMI applies
Loan Amount (20% dn)
$338,298
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wilmington, NC?
The median home value in Wilmington is $422,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Wilmington?
Over the past year, home values in Wilmington have decreased by 0.8%. Over five years, prices have risen approximately 34.6%.
How much do I need to earn to buy a home in Wilmington?
To comfortably afford the median home price of $422,872 with a 20% down payment ($84,574) at today's rates (6.8%), you'd need a gross annual income of approximately $112,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Wilmington compare to the national average home price?
The national median home value is approximately $410,000. At $422,872, homes in Wilmington are 3% above the national average.
What metro area is Wilmington part of?
Wilmington is part of the Wilmington, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.