28405 Real Estate Market

28405 Market

The median sale price for homes in 28405 over the last 12 months is $166,500.


The median mortgage debt is $117,358.

Additional Statistics for Single Family Homes and Condos in Wilmington, NC
$378,580
Median Listing Price
109
Median Days on Market
354
Active Listings
10.5%
Distressed Listings
(foreclosures and short sales)
28405 (Wilmington, NC) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Wilmington is $431,250. The list prices increased by 4.1% from the previous month.

The price per square foot for listings in this area is $172.

The median sale price in January for single family homes is $164,250. The sale prices dropped by -12.16% from the previous month.

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28405 (Wilmington, NC) Market Inventory Trends

The number of active listings in Wilmington increased by 2.8% from the previous month.

The median number of days active properties have been listed is 110.

The number of sales in January dropped by 92.9% from the previous month.

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28405 (Wilmington, NC) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.