28401, Wilmington, NC Housing Market

ZIP code 28401's median home value is $333K, up 1.5% over the past year. Homes here sell in a median 57 days. Its PropertyIQ Score of 12 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

The 28401, Wilmington, NC housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 28401 captures neighborhood-specific demand patterns within NC, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

South Atlantic ZIP codes benefit from sustained migration inflows, but hyperlocal performance varies widely between neighborhoods. PropertyIQ's ZIP-level scoring helps distinguish between ZIP codes riding a temporary wave and those with durable, block-by-block demand fundamentals. Within the South Atlantic, ZIP code 28401's PropertyIQ Score of 12 runs below the South Atlantic norm.

The PropertyIQ Score for 28401, Wilmington, NC is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

View 28401, Wilmington, NC's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.