Wilmington Island, GA Housing

The housing market in Wilmington Island, GA is thriving. The median value of a house in the area is $321,300, which is slightly lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in Wilmington Island is 19.94%, much higher than the US rate of 8.27%. This indicates that the housing market on Wilmington Island has been rapidly increasing and has high potential for continued growth.

The median home cost in Wilmington Island is $321,300. Home appreciation the last 10 years has been 122.5%. Home Appreciation in Wilmington Island is up 25.6%.

Average Age of Homes

- The median age of Wilmington Island real estate is 32 years old

The Rental Market in Wilmington Island

- Renters make up 20.6% of the Wilmington Island population
- 2.3% of houses and apartments in Wilmington Island, 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 Island, Georgia	United States
	6,856.0	139,647,020.0
	37	42
	$321,300	$338,100
	25.6%	16.6%
	72.3%	57.0%
	122.5%	101.1%
	$10.01	$10.98
	$2,786	$2,690
	70.5%	57.4%
	8.8%	11.2%
	20.7%	31.4%
Vacant Housing
	2.3%	1.9%
	1.9%	0.4%
	1.0%	0.7%
	0.7%	0.4%
	1.7%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.3%	4.5%
	3.5%	11.3%
	12.6%	13.0%
	40.9%	20.1%
	17.5%	13.6%
	6.7%	8.3%
	5.4%	9.7%
	2.6%	3.9%
	5.5%	2.2%
	0.2%	0.8%
	1.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.0%	13.6%
	13.0%	13.6%
	20.3%	13.6%
	23.8%	13.2%
	28.4%	14.8%
	20.3%	13.6%
	1.8%	10.0%
	0.2%	4.7%
	4.2%	12.2%