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By the Numbers
The Year at a Glance

By Overall Area
-New Hanover County
-Brunswick County
-Pender County

Wilmington
28401 (downtown)
28403 (midtown)
28405 (midtown)
28409 (south Wilm)
28411 (north Wilm)
28412 (south Wilm)
28429 (Castle Hayne)

Beaches
- Carolina Beach
- Kure Beach
- Wrightsville Beach

Nearby
- Leland

- Hampstead

Inventory in NH Cty
Trends by month, zip code, price and distressed

Highs & Lows
- Million dollar + sales
- Distressed sales

Land Sales
Land Activity

All info is from the Greater Wilmington MLS

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Welcome to the Year in Review

By the Numbers in New Hanover County in 2025
4123 homes sold
3111 single family, 488 condos, 483 townhomes, 41 manufactured

Compared to 2024
4017 homes sold
2992 single family, 534 condos, 446 townhomes, 45 manufactured

Compared to 2023: 4049 homes sold
3000 single family homes, 558 condos, 467 townhomes, 24 manufactured homes

Compared to 2022: 4983 homes sold
3660 single family homes, 720 condos, 560 townhomes, 48 manufactured

Homes Prices (rounded off)
Average home sold $612k (highest ever in New Hanover County)
Average price per sq ft: $307 (highest ever in New Hanover County)

Compared to 2024: Avg price was $597k, avg per sq ft was $302
Compared to 2023: Avg price was $540k, avg per sq ft was $284
Compared to 2022: Avg price was $505k, avg per sq ft was $265
Compared to 2021: Avg price was $425k, avg per sq ft was $223


Lowest Prices on sold homes
Low priced deals seem like a thing of the past. There were only three homes that sold for under 100k.

In 2024, there were 11 that sold for less than 100k
In 2023, there were 18 that sold for less than 100k
In 2022, there were 22 that sold for less than 100k
In 2021, there were 40 that sold for less than 100k

b

Lowest Price:
812 S. 10th St, sold for $77,500


The description for this 950 sq ft, 2 bed, 1 bath has pretty plain language that a total renovation was needed. The description also states that: there is a board on the floor at the entrance, it is highly encouraged the viewing of this property be limited to standing on that board, and looking around. The pictures of the house look even worse. Someone took a chance on it, they bought it, renovated and sold it six months later for $285k
One of 2 that sold for less than 100k
If you include condos and townhouses there were 3 sold for under 100k

b

Lowest Price Per Sq Ft:
215 S. 11th St, sold for $155k, $91 per sq ft


This 3 bedroom 1 bath home measures out at 1700 sq ft, so $155k was a true bargain.
There were a total of five that sold for under $100 psf


Highest Prices on Sold Homes

Yet another big year for high end home sales. There was a new record of 408 homes that sold for over one million.

There were 347 homes that sold for over $1 million in 2024, compared to 283 that sold in 2023. There were 316 homes that sold for over $1 million in 2022.

Highest Price:
260 Beach Rd N, sold for $12.75 million


Big house on a big oceanfront lot at Figure 8 Island. Five bedroom, six and a half bath, over 5700 sq ft. The seller was Mack Brown, the former UNC football coach who paid $10 million for the house in 2022.
There were a total of ten sold for over $7 million

Highest Price Per Sq Ft:
1205 Airlie Rd, sold for $6.7 million, $3,350 per sq ft


Classic example of the old real estate axiom, location, location, location. The house doesn't matter, its on 1.83 acres on Airlie Road, with boat slips included
One of 12 that sold for over 1500 per sq ft


Smallest Single Family Homes Sold last year

In 2024, there were 135 homes that sold that were under 1000 sq ft
In 2023, there were 120 homes that sold that were under 1000 sq ft
In 2022, there were 155 homes that sold that were under 1000 sq ft
In 2021, there were 162 homes that sold that were under 1000 sq ft

Smallest:
616 1/2 S. 7th St, 475 sq ft


So small the address is listed as a 1/2, this two bed, one bath. To put the size into perspective, the living room of the biggest house sold was over 500 sq ft. Sold for $172k
One of 15 single family homes sold that were under 700 sq ft
If you include condos and townhomes, there were 89 sales under 700 sq ft


Largest homes sold

Despite all the hype about tiny homes, the average size of homes continues to remain high.
Over the last several years the average sold home has been around 2000 sq ft. The number of big homes sold did decline in 2025, there were just 8 that sold with over 6000 sq ft.

In 2024 there were 20 homes sold that were over 6000 sq ft
In 2023 there were 12 homes sold that were over 6000 sq ft.
In 2022 there were 16 homes sold that were over 6000 sq ft
in 2021 there were 33 homes sold that were over 6000 sq ft

a


Largest:
7 Surf Court, 8724 sq ft


Massive house on Figure 8 Island. Built in 1995, with 5 bedrooms, 8 bathrooms, a workout room, a living room, a den, a sunroom, a breakfast room, a study, a family room, an office, a sitting room, a bonus room, and on the third floor, another bonus room, because apparently they ran out of names for rooms. Best of all, this house features his and hers bathrooms in the master. The house sold for $12.6 million
There were a total of 8 over 6000 square feet, 36 over 5000 square feet


Time it took to sell

There was a record set in 2022 of shortest average days on market for a sold home, that average
was just 21 days. Things have slowed down a bit, the average in 2025 was 55 days.

Not including new construction:
In 2025, there were 16 homes that took longer than a year to sell
in 2024 there were 17 homes that took longer than a year to sell
In 2023, there were 6 homes that took longer than a year to sell

Longest on Market:
(not including new construction)
6358 Myrtle Grove, sold for $3.4 million, 645 days on the market

Like a lot of homes that sit on the market for a long time, this was what we call a Unicorn. The total estate was over 32 acres, with a log cabin, guest house, barn, pond and nature trail, all along Everett Creek.
There were 13 homes sold that were on the market longer than 500 days, but ten of those were new builds.

Age of Homes
There were 24 homes sold in 2025 that were built before 1900
There were 31 homes sold in 2024 that were built before 1900
There were 24 homes sold in 2023 that were built before 1900
There were 30 homes sold in 2022 that were built before 1900

On the other end of the spectrum, there were 570 new homes sold in 2025
Compared to 519 new homes sold in 2024, up from 412 in 2023


Oldest Home Sold:
212 S. 2nd St, built in 1830, sold for $863k


Described as having the same floor plan from some 200 years ago, this 1800 sq foot house is on a charming section of South Second Street, walking distance to downtown
There were 25 homes sold that were built prior to 1900
257 homes sold built after 2025



 


Realtor Update
(home and land sales in three county region).
Number of Realtors who made one sale in 2025: 2124
Number of Realtors who made one sale in 2024: 2071
Number of Realtors who made one sale in 2023: 2033
The peak was in 2021, when the number was 2209

Number of Realtors who made over 10 sales in 2025: 433

Number of Realtors who made over 10 sales in 2024: 427
Number of Realtors who made over 10 sales in 2023: 396
The peak was in 2021, when the number was 644

Number of Realtors who made over $1 million in sales in 2025: 1307
Number of Realtors who made over $1 million in sales in 2024: 1249
Number of Realtors who made over $1 million in sales in 2023: 1298
The peak was in 2025


Number of Realtors who made over $4 million in sales in 2025: 512
Number of Realtors who made over $4 million in sales in 2024: 473
Number of Realtors who made over $4 million in sales in 2023: 440
The peak was in 2021, wehn the number was 522

To see a comparison or local real estate companies Go Here

To see the Wilson Team activity for 2025, Go Here

 

The Wilson Team
"If you're looking for a house, we know where some are..."

Wade Wilson,
Realtor

910-619-3502
NC License #253396
wadewilson
@seacoastrealty.com

 

Ashley Wilson,
Realtor

910-619-0024
NC License #275182
ashleywilson
@seacoastrealty.com

_______________________________________________

Coldwell Banker Sea Coast Realty • 2516 Independence Blvd, Suite 102 • Wilmington NC 28412
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