Looking to Buy a Home in Wilmington NC?
Wilmington NC Real Estate Seeing a Huge Boom in Property Sales
Wilmington NC real estate sales are soaring across the city and outskirts. In fact, the area is currently seeing a huge boom in property sales, purchases and investments. This is due to the economy being real good at the moment, which has resulted in more money available on the market. From luxury homes to waterfront – beachfront properties, real-estate sales in Wilmington, NC, are on fire. In fact, many investors from all over North Carolina and the nation are purchasing prime properties inland and near the water. With the median list price of Wilmington, NC, homes currently at $355,000 – now is truly the right time to invest in Wilmington properties.
Homes of Wilmington NC
If you are interested in tapping into Wilmington NC real estate, simply contact any local real-estate firm or agent. With years of extensive industry experience, these professionals can connect you with a range of available properties and listings in Wilmington – and adjacent areas. They also specialize in virtual tours for out of town clients, as well as physical walk-throughs of all properties on the Wilmington market. Here are some of the top areas in and around Wilmington that are experiencing huge real-estate sales and acquisitions.
Carolina Beach – Beachfront Homes
Carolina Beach is synonymous with lavish and elegant beachfront homes and properties. With sandy white beaches and crystal clear waters – Carolina Beach is a haven for nautical and aquatic enthusiasts. In fact, there are homes with docks that lead right onto the beach. These properties feature modern and contemporary designs, along with traditional décor in some homes. They also have spacious closets, rooms, Wi-Fi, fireplaces, and so many other great amenities. From fishing and jet skiing to swimming and snorkeling, Carolina Beach continues to attract investors from all over NC and the nation.
In fact, this particular area has seen an increase in sales by over 33%. This is mainly due to more beachfront properties going on the market, which is a direct result of asking prices being so affordable right now. The Caroline Beach real-estate boom is also attributed to more sellers accepting offers so that they can move to their new destinations while the temperatures are still comfortable.
Hampstead is simply a great place to work and raise a family in. With fine schools and several golf courses, Hampstead is perfect for families, couples, and even newlyweds wishing to start a family. The area features tree-lined streets and plenty of modern and traditional homes. As part of Pender County, Hampstead features homes that are within minutes of the beach and the popular Belvedere Plantation. Similarly, the area hosts several family events each year – including National Night Out and the Spot Festival. The latter is a huge fundraiser for local schools – where you can meet your new neighbors and enjoy great food, beverages, fishing and much more. Hampstead home sales have also increased due to the recent real-estate boom in neighboring Wilmington.
Kure Beach – Beachfront Homes
Like Carolina Beach, Kure Beach is blanketed by beachfront homes and coastal properties. This amazing community also features great schools, restaurants, commercial establishments and especially fine homes. From beachfront homes to inland houses – access to the beach is within minutes and there are so many things to do and see for the entire family. Kure Beach sales have steadily risen this summer with more investors pouring into the area. From Pleasure Island to Fort Fisher, this small coastal community has about 2,000 residents and is known for its tranquility, serenity and picturesque scenery. If you love the beach and waterfront properties, now is the best time to check out the properties in and around Kure Beach.
Leland is part of Brunswick County and is a stone’s throw from Myrtle Beach. The area is known for its fine family homes, schools, houses of worship, and businesses. A number of Hollywood movies and shows have also been filmed in the Greater Leland area, including Maximum Overdrive, Domestic Disturbance, and We’re the Millers. As a small but growing town with big city amenities, Leland has seen real-estate grow by over 40% since 2016. However, this is not just in property sales and purchases – but also in new home developments and builds across the area. As a suburb of Wilmington, Leland is a family-orientated community and is also known for its water and aquatic sports. If you want to settle in a quiet but expanding area, you definitely need to visit Leland and explore the opportunities!
Rocky Point is another small – but growing coastal community near Wilmington. In fact, the area is in close proximity to Wrightsville Beach; another growing beachfront community. Rocky Point is a quiet and serene town with plenty of schools and activities for the kids. There are also new businesses expanding to Rocky Point, which have seen huge sales due to the current economic and real-estate boom. Like other small coastal town, Rocky Point has a small-town feel and appeal to it. There are, however, all the amenities you can find in Wilmington and other metropolitan areas across the Carolinas. Rocky Point is part of Pender Country and is currently seeing development of new beachfront homes and properties.
Wrightsville Beach – Beachfront Homes
One of the main areas that had seen significant growth in home sales is Wrightsville Beach. With its signature four-mile-long beach and Harbor Island, Wrightsville is simply a haven for nautical and aquatic enthusiasts. The area also has several commercial properties and businesses – but is mainly known for its lavish and elegant beachfront properties. As part of New Hanover County, Wrightsville Beach is situated just east of Wilmington and continues to expand. Its prime real-estate properties are always in high demand – and with the economic boom – has made it possible for new investors to purchase all types of homes. Whether for families, couples, or singles – there are many fine homes that are currently on the market across Wrightsville Beach.
The area also has a Main Street thoroughfare with plenty of vintage and new shops. With beautiful weather and great water and sporting activities, there is so much to see and do in this small but enchanted coastal town. For more information on buying a home in or around Wilmington, simply contact a real-estate agent or check the Web for current property listings on the market.
Learn About Wilmington NC
The Real Estate Market of Wilmington NC
Wilmington Real Estate Statistics
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$217,600||$217,300|
|Median Single Family Home Value||$226,800||$216,300|
|Median Condo Value||$121,200||$228,600|
|Median 2-Bedroom Home Value||$137,100||$166,800|
|Median 3-Bedroom Home Value||$213,200||$209,900|
|Median 4-Bedroom Home Value||$367,300||$338,300|
|Percent Homes Decreasing||18.4%||21.1%|
|Median List Price Per Sq Ft||$136||$134|
|Median Sale Price||2,722||231,700|
|Turnover (Sold Within Last Yr.)||5.4%||2.9%|