Wilmington housing market
Typical home value
$443K
▲ 0.7% 1 yr
Typical rent
$1,744/mo
▲ 4.7% 1 yr
12-month forecast
+1.8%
#310 of 546 metros
Gross rent yield
4.7%
#440 of 546 · U.S. 6.3%
Days to pending
60 days
▲ +3 days 1 yr
Listings with a price cut
31%
▲ +0.9 pts 1 yr
Key takeaways
- 1The typical home is worth $443,118, up 0.7% in a year and up 28% over five years.
- 2Zillow forecasts home values rising 1.8% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,744/mo (+4.7% YoY), a 4.7% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,435/mo in principal and interest, $691 more than renting.
- 5Homes go under contract in 60 days (+3 days vs last year); 31% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 35/100, #357 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Wilmington compares
| Measure | Wilmington | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.7% | +1.2% | #391 |
| Home value, 5-yr change | +28.3% | +19.7% | |
| 12-month forecast | +1.8% | +1.1% | #310 |
| Rent, 1-yr change | +4.7% | +2.7% | #129 |
| Gross rent yield | 4.7% | 6.3% | #440 |
| Price-to-rent ratio | 21.2 | 15.8 | |
| Mortgage P&I on typical home | $2,435 | $2,012 | |
| Income needed to buy | $117,089 | $100,902 | |
| Days to pending | 60 | 56 |
Cities in the Wilmington metro
3 cities with home value and rent data.
| Wilmington | $416K | ▲ 0.2% | $1,713 | ▲ 4.8% | 4.9% |
| Hampstead | $489K | ▲ 0.8% | $1,985 | ▲ 8.2% | 4.9% |
| Surf City | $626K | ▲ 4.1% | $2,005 | ▲ 4.5% | 3.8% |
Run the numbers
Rental property calculator
Cash flow on a typical Wilmington rental ($443K, $1,744/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Wilmington home.
Rent vs buy
Is it cheaper to rent or buy in Wilmington?
Renting out a property in North Carolina? See deposit limits, late fee rules and notice periods.
Other North Carolina metros
Charlotte, NC
$381K home$1,735 rent5.5% yield
▼ 0.8% 1 yr
Raleigh, NC
$428K home$1,669 rent4.7% yield
▼ 1.7% 1 yr
Greensboro, NC
$261K home$1,406 rent6.5% yield
▲ 0.8% 1 yr
Winston, NC
$278K home$1,529 rent6.6% yield
▲ 1.7% 1 yr
Durham, NC
$402K home$1,640 rent4.9% yield
▼ 2.5% 1 yr
Fayetteville, NC
$254K home$1,454 rent6.9% yield
▲ 0.3% 1 yr
Asheville, NC
$416K home$1,702 rent4.9% yield
▼ 3.3% 1 yr
Hickory, NC
$267K home$1,595 rent7.2% yield
▲ 1.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.