Zip 28409 (Wilmington, NC) Housing

Housing in 28409 Wilmington, NC is more expensive than the national average, with a median value of $439,800 compared to the US house median value of $338,100. The appreciation in housing prices in this area has also been higher than the US average, with the 1 year house appreciation reaching 18.56%, which is significantly higher than the national 8.27% increase. Therefore, people looking to invest in real estate may find good opportunities in 28409 Wilmington, NC due to its high appreciation rate and relative affordability.

The median home cost in Wilmington (zip 28409) is $439,800. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Wilmington (zip 28409) is up 24.7%.

Average Age of Homes

- The median age of Wilmington (zip 28409) real estate is 26 years old

The Rental Market in Wilmington (zip 28409)

- Renters make up 13.4% of the Wilmington (zip 28409) population
- 0.0% of houses and apartments in Wilmington (zip 28409), 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
	14,140.0	139,647,020.0
	30	42
	$439,800	$338,100
	24.7%	16.6%
	79.4%	57.0%
	114.4%	101.1%
	$6.58	$10.98
	$2,046	$2,690
	78.5%	57.4%
	4.7%	11.2%
	16.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.6%	0.4%
	2.2%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	0.9%	4.5%
	2.3%	11.3%
	10.2%	13.0%
	31.6%	20.1%
	26.8%	13.6%
	9.8%	8.3%
	9.3%	9.7%
	3.7%	3.9%
	2.2%	2.2%
	0.8%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	14.3%	13.6%
	14.3%	13.6%
	23.8%	13.6%
	21.6%	13.2%
	15.0%	14.8%
	23.8%	13.6%
	2.3%	10.0%
	0.8%	4.7%
	0.6%	12.2%

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