Wilmington, NC 28406 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Wilmington, NC — 28406
Median Listing Price
--
Population
--
Households
104,856
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
120K
units
Occupied
104,856
87.3%
Vacant
15,194
12.7%
2024 Tenure
105K
occupied
Owner
64,383
61.4%
Renter
40,473
38.6%
Renter Share
38.6%
-1.8% YoY
Total Housing Units
120,050
+2.4% YoY
FY2026 Fair Market Rent — New Hanover County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,144
/month
1 BR
$1,513
/month
2 BR
$1,659
/month
3 BR
$2,178
/month
4 BR
$2,319
/month
FMR Trends — New Hanover County
Source: HUD Fair Market Rents
County Demographics
Median Age
39.9
2024
Population
New Hanover County Population
243,333
+1.4% YoY
Households
Total Households
104,856
+2.4% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.19
-0.5% YoY
Age
2024 Age Mix
235K
residents
Under 18
42,122
17.9%
Adults 18–64
148,297
63.0%
65 & Over
44,810
19.0%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
42,122
-0.1% YoY
Population 65 & Over
44,810
+3.6% YoY
Median Age
39.90
-0.5% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
83.8%
Moved (within US)
15.6%
Other
0.6%
Veterans
6.9%
0.0% YoY
County Economy
Income
Median Household Income
$75K
+3.1% YoY
Per-Capita Income
$49K
+5.4% YoY
Mean Household Income
$108K
+4.6% YoY
Poverty
Below Poverty Level
12.3%
-0.8% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
70.8%
Public transit
0.2%
Worked from home
19.4%
Other
9.6%
Worked From Home
19.4%
+9.0% YoY
Mean Commute
20.60
+0.5% YoY
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