28403, Wilmington, NC Housing Market

ZIP code 28403's median home value is $398K, up 3.6% over the past year. Homes here sell in a median 50 days. Its PropertyIQ Score of 33 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

PropertyIQ provides ZIP-code-level market intelligence for 28403, Wilmington, NC — going deeper than metro or county averages to reveal neighborhood-specific demand dynamics. By tracking Zillow home-value momentum alongside Realtor.com market-flow signals — median days on market and the share of listings with price cuts — specifically within ZIP code 28403, PropertyIQ predicts which micro-markets within NC are positioned to outperform.

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 28403's PropertyIQ Score of 33 runs below the South Atlantic norm.

PropertyIQ distills four housing signals into a single 1 to 99 score for 28403, Wilmington, NC at the most granular geography available: Zillow twelve-month and three-month home-value momentum, Realtor.com median days on market, and the Realtor.com price-reduced share. It is not a generic market-health grade; it is a validated predictor of which ZIP codes are positioned to outperform their state. The ZIP-level view often tells a different story than the broader county or metro score.

View 28403, 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.