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Wilmington, NC 28405 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Wilmington, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 5454PendingPending sales: 77
Wilmington, NC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $301k$301kSoldMedian sold price (last 6 months): $432k$432k
What homes actually sell for in Wilmington, NC
Distribution of 296 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $830k
$175k to $428k: 131 sales131sales$175k$428k to $681k: 68 sales$681k to $934k: 23 sales$681k$934k to $1.19M: 15 sales$1.19M to $1.44M: 11 sales$1.19M$1.44M to $1.69M: 10 sales$1.69M to $1.95M: 8 sales$1.69M$1.95M to $2.2M: 1 salesMedian $432k

What the numbers say

As of September 14, 2026, Resideline is tracking 54 active listings and 7 pending sales in ZIP code 28405. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $300,950, while the median of the 296 closed sales Resideline tracked over the last six months was $432,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 28405 for 67 days.

Frequently asked questions

What is the median home price in 28405?

The median closed sale price in Wilmington, NC 28405 was $432,000 over the last six months, based on 296 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $830,000.

Is 28405 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 54 active listings in 28405, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 28405 currently looks like a balanced market.

Nearby ZIP code market data

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