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Alandale Brookfield Long Leaf Acres Westwood Heights

WILMINGTON, NC 28405

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28405

Alandale · Brookfield · Long Leaf Acres · Westwood Heights

Market Analysis

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

The WILMINGTON, NC real estate market (28405) currently shows 168 active listings, with 35 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 69 days last year.

The median listing price has fallen 8% year-over-year, from $439,875 to $404,475.

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Market Context

Market Context

Population: 34,356  ·  Density: 563.4/mi²  ·  Median household income: $64,853

Typical home value: $302,186  ·  Homeownership: 56.4%

Market Overview

Active Listings
168
⇧ 6.3% vs 158 last year
Pending
35
21% pending ratio
Median Price
$404,475
⇩ 8% vs $439,875 last year
Average Price
$705,821
⇩ 23.4% vs $921,974 last year
Days on Market
53
⇩ 23.2% vs 69 days last year

Price Per Square Foot

Median $/sqft
$257
⇩ 4.1% vs $268/sqft last year
Median Home Size
1,634 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 168 this year vs 158 last year
  • Days on market: 53 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $404,475 (-8% YoY)
  • Average: $705,821 (-23.4% 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 30.7 miles — 1,481 listings ($1,241,711,573 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28405Wilmington, NC 284050.0 mi145$141,379,495$488,225$975,031
28411Wilmington, NC 284115.0 mi207$212,818,356$659,450$1,028,108
28429Castle Hayne, NC 284295.7 mi86$52,275,444$499,748$607,854
28409Wilmington, NC 284097.7 mi175$178,108,525$597,225$1,017,763
28457Rocky Point, NC 2845713.3 mi35$16,087,715$467,475$459,649
28479Winnabow, NC 2847914.4 mi83$33,648,449$355,000$405,403
28435Currie, NC 2843517.4 mi4$5,790,000$650,000$1,447,500
28449Kure Beach, NC 2844919.8 mi56$55,802,376$852,500$996,471
28461Southport, NC 2846122.8 mi432$329,170,176$547,930$761,968
28421Atkinson, NC 2842125.1 mi2$2,173,500$1,086,750$1,086,750
28445Holly Ridge, NC 2844526.8 mi251$213,208,687$717,500$849,437
28478Willard, NC 2847828.0 mi3$878,850$292,950$292,950
28423Bolton, NC 2842330.7 mi2$370,000$185,000$185,000

Frequently Asked Questions

How many homes are for sale in WILMINGTON, NC 28405?

As of September 2026, there are 168 active listings in WILMINGTON, NC (zip code 28405), compared to 158 the prior year.

What is the median home price in WILMINGTON, NC 28405?

The median listing price in WILMINGTON, NC 28405 is $404,475 as of September 2026, a 8% decrease from $439,875 the prior year.

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

Homes in WILMINGTON, NC 28405 spend an average of 53 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in WILMINGTON, NC 28405?

Based on current inventory and days-on-market data as of September 2026, WILMINGTON, NC 28405 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 69 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 28405 save an estimated $8,090 compared to a typical 5% commission on the median listing price of $404,475. 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.