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ZIP codes

Wilmington, NC · 28408

Listings Aug 14, 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $75K, +3.1% YoY (county); renters hold 38.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median asking rent $7,000 across 1 active rentals (RentCast). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

104,856

Median Days on Market

Active Listings

New Listings

Housing Market

Rental Market

as of Aug 14, 2026Active Listings

Median Rent

$7,000

n = 1

Rent / Sq Ft

$1.56

n = 1

Median Days on Market

n = 1

Rental Listings

New Listings

Asking rents vs. voucher payment standard

Active rentals · as of Aug 14, 2026 · n = 1

Median asking rent (ZIP)HUD FMR — 40th pct, countyFaded = fewer than 3 listings

Rent range by bedroom

Active rentals · as of Aug 14, 2026 · n = 1

Rent range (min-max)MedianFaded = fewer than 3 listings

Median rent per square foot, by property type

Active rentals · as of Aug 14, 2026 · n = 1

Median rent / sq ftFaded = fewer than 3 listings

Rental supply mix ⓘ

Active rentals · as of Aug 14, 2026 · n = 1

1listings

Single Family1100.0%

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 120,050

120Kunits

Occupied104,85687.3%

Vacant15,19412.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 104,856

105Koccupied

Owner64,38361.4%

Renter40,47338.6%

Renter Share

38.6%-1.8% YoY

Total Housing Units

120,050+2.4% YoY

FY2026 Fair Market Rent

CountyNew Hanover County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.7% to 235,229: residents under 18 are down 0.1% and those 65 and over are up 3.6%.

Median Age

39.92024

Population

New Hanover County Population

243,333+1.4% YoY

Households

Total Households

104,856+2.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.19-0.5% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 235,229

235Kresidents

Under 1842,12217.9%

Adults 18–64148,29763.0%

65 & Over44,81019.0%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & 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 ⓘ

U.S. Census ACS

of residents

Same house83.8%

Moved (within US)15.6%

Other0.6%

Veterans

6.9%0.0% YoY

County Economy

County median household income is $75K, 12.3% of residents are below the poverty level, 19.4% work from home.

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 ⓘ

U.S. Census ACS

of workers

Drove alone70.8%

Public transit0.2%

Worked from home19.4%

Other9.6%

Worked From Home

19.4%+9.0% YoY

Mean Commute

20.60+0.5% YoY

Done with 28408? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Wilmington, NC · 28408

Listings Aug 14, 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $75K, +3.1% YoY (county); renters hold 38.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

104,856

Median Days on Market

Active Listings

New Listings

Housing Market

Rental Market

as of Aug 14, 2026Active Listings

Median Rent

$7,000

n = 1

Rent / Sq Ft

$1.56

n = 1

Median Days on Market

n = 1

Rental Listings

New Listings

Asking rents vs. voucher payment standard

Active rentals · as of Aug 14, 2026 · n = 1

Median asking rent (ZIP)HUD FMR — 40th pct, countyFaded = fewer than 3 listings

Rent range by bedroom

Active rentals · as of Aug 14, 2026 · n = 1

Rent range (min-max)MedianFaded = fewer than 3 listings

Median rent per square foot, by property type

Active rentals · as of Aug 14, 2026 · n = 1

Median rent / sq ftFaded = fewer than 3 listings

Rental supply mix ⓘ

Active rentals · as of Aug 14, 2026 · n = 1

1listings

Single Family1100.0%

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 120,050

120Kunits

Occupied104,85687.3%

Vacant15,19412.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 104,856

105Koccupied

Owner64,38361.4%

Renter40,47338.6%

Renter Share

38.6%-1.8% YoY

Total Housing Units

120,050+2.4% YoY

FY2026 Fair Market Rent

CountyNew Hanover County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.7% to 235,229: residents under 18 are down 0.1% and those 65 and over are up 3.6%.

Median Age

39.92024

Population

New Hanover County Population

243,333+1.4% YoY

Households

Total Households

104,856+2.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.19-0.5% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 235,229

235Kresidents

Under 1842,12217.9%

Adults 18–64148,29763.0%

65 & Over44,81019.0%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & 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 ⓘ

U.S. Census ACS

of residents

Same house83.8%

Moved (within US)15.6%

Other0.6%

Veterans

6.9%0.0% YoY

County Economy

County median household income is $75K, 12.3% of residents are below the poverty level, 19.4% work from home.

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 ⓘ

U.S. Census ACS

of workers

Drove alone70.8%

Public transit0.2%

Worked from home19.4%

Other9.6%

Worked From Home

19.4%+9.0% YoY

Mean Commute

20.60+0.5% YoY

Done with 28408? Put it next to another market.