Thursday, May 15, 2025 / by Maria Ange
Wilmington Market Update – April 2025
What Buyers & Sellers Need to Know Right Now
The spring market is in full swing across New Hanover County and the greater Wilmington area, and the numbers are telling a clear story: inventory is up, buyer activity is steady, and home prices are holding strong. Whether you're thinking about buying, selling, or just keeping tabs on your home's value — here’s what you need to know.
April 2025 Key Market Stats (New Hanover County)
Active Listings: 1,236 (up 39.8% year-over-year
New Listings: 593 (up 23.8% year-over-year)
Pending Sales: 411 (up 2.2% year-over-year)
Closed Sales: 393 (up 3.4% year-over-year)
Median Sales Price: $450,000 (unchanged from last year)
Average Days on Market: 56 days (up 16.7% year-over-year)
Months of Inventory: 3.15 months (up 35.2% year-over-year)
These trends point to a market that’s gaining balance. Sellers are still in a good position, but buyers are getting more opportunities with increased inventory.
What This Means for You
If You’re Buying:
You have more options now, but well-priced homes still move quickly. Be prepared, pre-approved, and ready to act when you find the right home.
Pro Tip: We’re helping buyers win in competitive situations by crafting flexible, thoughtful offers and staying informed on neighborhood-specific trends.
If You’re Selling:
While you still have leverage, today's buyers are more selective. That means pricing and presentation are more important than ever.
Pro Tip: We offer a free walk-through consultation to help you prep your home and position it strategically for today's market.
Curious What Your Home is Worth?
Home values in the Wilmington area are holding strong — and your home might be worth more than you think.
Click here to get your free Homebot home value report — no strings attached.