Wilmington Area Housing Market Shifts—What Buyers and Sellers Need to Know
If you’ve been thinking about buying or selling a home in the Wilmington area, here’s what you should know: the local real estate market is starting to shift in a big way.
As of April 2025, the number of homes for sale in the Wilmington metro area (which includes New Hanover, Brunswick, and Pender counties) is up by over 26% compared to last year. That’s good news for buyers—there’s more inventory to choose from, and prices are beginning to level off.
The median sales price held steady at $400,000 in April, which is actually about 3.6% lower than this time last year. Homes are also sitting on the market a bit longer—on average, about 70 days—giving buyers more time and room to negotiate.
On the seller side, it’s still very possible to have a successful sale, but pricing your home right is key. Properties that are well-presented and competitively priced are the ones getting attention.
Bottom line? The fast-paced, seller-dominated market of the past few years is cooling off. We’re seeing a more balanced playing field, which can be a win-win for both buyers and sellers—if you have the right strategy.
Whether you're buying your first home or preparing to list, having a knowledgeable REALTOR® by your side can help you make smart moves in today’s evolving market.
