Zip 28403 (Wilmington, NC) Housing

The housing market in 28403 Wilmington, NC is very strong with a median value of $325,000. This places it on par with the US median value of $338,100 and well above the US 1 year house appreciation rate of 8.27%. The 1 year house appreciation rate in this area is an impressive 18.56%, making it a great place to invest in real estate. The housing market in 28403 Wilmington, NC is thus a promising one for those looking to buy or rent property.

The median home cost in Wilmington (zip 28403) is $325,000. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Wilmington (zip 28403) is up 24.7%.

Average Age of Homes

- The median age of Wilmington (zip 28403) real estate is 34 years old

The Rental Market in Wilmington (zip 28403)

- Renters make up 59.6% of the Wilmington (zip 28403) population
- 3.1% of houses and apartments in Wilmington (zip 28403), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wilmington, North Carolina	United States
	20,177.0	139,647,020.0
	36	42
	$325,000	$338,100
	24.7%	16.6%
	79.4%	57.0%
	114.4%	101.1%
	$7.65	$10.98
	$1,990	$2,690
	31.8%	57.4%
	10.3%	11.2%
	57.8%	31.4%
Vacant Housing
	3.1%	1.9%
	0.9%	0.4%
	0.4%	0.7%
	2.2%	0.4%
	1.4%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.1%	2.4%
	0.7%	2.8%
	1.2%	3.9%
	2.9%	4.5%
	13.4%	11.3%
	14.1%	13.0%
	24.8%	20.1%
	14.3%	13.6%
	8.8%	8.3%
	13.4%	9.7%
	3.2%	3.9%
	0.9%	2.2%
	0.5%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	17.5%	13.6%
	16.0%	13.2%
	14.5%	14.8%
	17.5%	13.6%
	8.4%	10.0%
	3.8%	4.7%
	6.8%	12.2%

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