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Tanglewood

WILMINGTON, NC 28409

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28409

Tanglewood

Market Analysis

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

The WILMINGTON, NC real estate market (28409) currently shows 178 active listings, with 82 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 50 days last year.

The median listing price has risen 1.2% year-over-year, from $630,000 to $637,500.

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: 34,397  ·  Density: 592.8/mi²  ·  Median household income: $101,796

Typical home value: $358,110  ·  Homeownership: 82.6%

Market Overview

Active Listings
178
⇧ 4.7% vs 170 last year
Pending
82
46% pending ratio
Median Price
$637,500
⇧ 1.2% vs $630,000 last year
Average Price
$1,069,821
⇧ 8.7% vs $984,566 last year
Days on Market
53
⇧ 6% vs 50 days last year

Price Per Square Foot

Median $/sqft
$283
⇧ 10.1% vs $257/sqft last year
Median Home Size
2,402 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 178 this year vs 170 last year
  • Days on market: 53 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $637,500 (+1.2% YoY)
  • Average: $1,069,821 (+8.7% 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 33.3 miles — 1,673 listings ($1,168,368,124 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28409Wilmington, NC 284090.0 mi175$178,108,525$597,225$1,017,763
28403Wilmington, NC 284034.9 mi134$90,848,248$398,625$677,972
28405Wilmington, NC 284057.7 mi145$141,379,495$488,225$975,031
28479Winnabow, NC 284799.5 mi83$33,648,449$355,000$405,403
28401Wilmington, NC 2840111.3 mi181$75,225,953$350,000$415,613
28429Castle Hayne, NC 2842913.2 mi86$52,275,444$499,748$607,854
28461Southport, NC 2846116.3 mi432$329,170,176$547,930$761,968
28457Rocky Point, NC 2845721.0 mi35$16,087,715$467,475$459,649
28435Currie, NC 2843522.8 mi4$5,790,000$650,000$1,447,500
28462Supply, NC 2846227.3 mi213$172,510,830$622,700$809,910
28456Riegelwood, NC 2845628.9 mi6$1,835,220$300,000$305,870
28423Bolton, NC 2842332.0 mi2$370,000$185,000$185,000
28470Shallotte, NC 2847033.3 mi177$71,118,069$360,688$401,797

Frequently Asked Questions

How many homes are for sale in WILMINGTON, NC 28409?

As of March 2026, there are 178 active listings in WILMINGTON, NC (zip code 28409), compared to 170 the prior year.

What is the median home price in WILMINGTON, NC 28409?

The median listing price in WILMINGTON, NC 28409 is $637,500 as of March 2026, a 1.2% increase from $630,000 the prior year.

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

Homes in WILMINGTON, NC 28409 spend an average of 53 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in WILMINGTON, NC 28409?

Based on current inventory and days-on-market data as of March 2026, WILMINGTON, NC 28409 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 50 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 28409 save an estimated $12,750 compared to a typical 5% commission on the median listing price of $637,500. 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.