The typical home value in
Downtown Wilmington
is projected to be
$225,000
for the month of
September.
August’s
finalized data reported the typical value of a home in the
neighborhood
to be
$220,000—up
37.54%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$225,000
in
Wilmington
for the most recent reporting period.
That number is expected to float around
$222,500
in
September.
Downtown Wilmington
had
18
new listings and
20
listings that went under contract in
August,
decreasing
the area’s total available inventory to
14—down
17.65%
from the previous month. Inventory is projected to have further
decreased
in
September.
The median listing price for homes in
Downtown Wilmington
fell
4.16%
from
July
to
August,
bringing the current median listing price to
$184,500.
Based on projected data for
September,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
August 2025,
the median time for a listed property to go pending was
49
days, compared to
43
days in
August 2024.
In recent months the median number of days from listed to pending appears to be increasing.
That trend is predicted to have carried through to this
September.
