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Seitter Acres Walnut Hills

WILMINGTON, NC 28401

Real Estate Market Report  ·  New Hanover County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28401

Seitter Acres · Walnut Hills

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WILMINGTON, NC real estate market (28401) currently shows 186 active listings, with 58 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60 days on market compared to 40 days last year.

The median listing price has fallen 11.7% year-over-year, from $399,250 to $352,500.

Whether you are buying or selling in WILMINGTON, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,872  ·  Density: 272.5/mi²  ·  Median household income: $46,743

Typical home value: $221,610  ·  Homeownership: 37.3%

Market Overview

Active Listings
186
⇩ 8.8% vs 204 last year
Pending
58
31% pending ratio
Median Price
$352,500
⇩ 11.7% vs $399,250 last year
Average Price
$419,158
⇩ 7.3% vs $452,355 last year
Days on Market
60
⇧ 50% vs 40 days last year

Price Per Square Foot

Median $/sqft
$277
⇩ 5.8% vs $294/sqft last year
Median Home Size
1,170 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 186 this year vs 204 last year
  • Days on market: 60 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $352,500 (-11.7% YoY)
  • Average: $419,158 (-7.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.8 miles — 1,933 listings ($1,391,131,857 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28401Wilmington, NC 284010.0 mi181$75,225,953$350,000$415,613
28405Wilmington, NC 284056.2 mi145$141,379,495$488,225$975,031
28451Leland, NC 284519.2 mi562$289,912,758$447,316$515,859
28480Wrightsville Beach, NC 2848011.0 mi51$91,973,706$1,676,250$1,803,406
28409Wilmington, NC 2840911.3 mi175$178,108,525$597,225$1,017,763
28457Rocky Point, NC 2845712.9 mi35$16,087,715$467,475$459,649
28428Carolina Beach, NC 2842817.8 mi224$167,743,296$649,875$748,854
28456Riegelwood, NC 2845619.3 mi6$1,835,220$300,000$305,870
28443Hampstead, NC 2844320.7 mi281$198,974,133$529,974$708,093
28449Kure Beach, NC 2844921.5 mi56$55,802,376$852,500$996,471
28478Willard, NC 2847824.6 mi3$878,850$292,950$292,950
28447Ivanhoe, NC 2844726.9 mi1$699,000$699,000$699,000
28462Supply, NC 2846227.8 mi213$172,510,830$622,700$809,910

Frequently Asked Questions

How many homes are for sale in WILMINGTON, NC 28401?

As of March 2026, there are 186 active listings in WILMINGTON, NC (zip code 28401), compared to 204 the prior year.

What is the median home price in WILMINGTON, NC 28401?

The median listing price in WILMINGTON, NC 28401 is $352,500 as of March 2026, a 11.7% decrease from $399,250 the prior year.

How long do homes stay on the market in WILMINGTON, NC?

Homes in WILMINGTON, NC 28401 spend an average of 60 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in WILMINGTON, NC 28401?

Based on current inventory and days-on-market data as of March 2026, WILMINGTON, NC 28401 is currently a Balanced Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 60 days on market compared to 40 days last year.

How much can I save on real estate commission in WILMINGTON, NC?

With SELL123.com's maximum 3% commission, sellers in WILMINGTON, NC 28401 save an estimated $7,050 compared to a typical 5% commission on the median listing price of $352,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.