New Hanover County, NC Home Values & Market Trends
The median home price in New Hanover County, NC is $424,514.69. There were 4,522 home sales in New Hanover County, NC over the past 12 months. The median residential New Hanover County, NC home value for transactions over the previous year is $375,309.934. The number of current listings in New Hanover County, NC is 32, and the percentage of properties for sale is 32.00%. The county has 35 foreclosures, 1 bank owned properties, 8 headed for auction, and 32 properties for sale.
New Hanover County, NC Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Wilmington | $ 390,500 $ 226/sqft | Kure Beach | $ 999,500 $ 395/sqft |
Carolina Beach | $ 765,750 $ 388/sqft | Wrightsville Beach | $ 498,601 $ 850/sqft |
Castle Hayne | $ 335,000 $ 179/sqft |
Housing Market Summary for New Hanover County, NC
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $475K | $425.8K | -10.36% |
Median Sold Price | $391.2K | $425.8K | 8.85% |
Homes For Sale | 27 | 30 | 11.11% |
Homes Sold | 2,430 | 2,025 | -16.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Hanover County, NC
Browse Homes in New Hanover County, NC
New Hanover County, NC home values range from $22,050 to $52,279,766. Kure Beach is the priciest city with a median listing home price of $999,500, and Wilmington is most affordable with average house prices of around $390,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in New Hanover County, NC with Wilmington containing 24 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within New Hanover County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $2,495,000 in Castle Hayne to the lowest home value of $230,207 in Wilmington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Hanover County, NC ranges from the highest value of $452,415 in Wilmington to the lowest value of $452,415 in Wilmington. Bank owned homes and properties account for 0.00% of properties in New Hanover County, NC. There are 5 cities within New Hanover County, NC; Wilmington containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWilmington has 8 auction properties, the highest number of properties going to auction in a single city in the state of New Hanover County, NC. Auction homes and other auction properties account for 0.01% of all properties in New Hanover County, NC. There are 5 cities within New Hanover County, NC; of those cities, the median estimated home value for homes going to auction ranges from $1,261,095 in Wilmington to the lowest value of $362,211 in Wilmington.
Compare Nearby Cities
More Real Estate Resources for New Hanover County, NC
Guide for New Hanover County, NC
North Carolina Foreclosure Laws
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