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Seitter Acres Walnut Hills

WILMINGTON, NC 28401

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28401

Seitter Acres · Walnut Hills

Market Analysis

Data as of February 2026. Source: Realtor.com.

The WILMINGTON, NC real estate market (28401) currently shows 181 active listings, with 54 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 73 days last year.

The median listing price has fallen 14.6% year-over-year, from $409,975 to $350,000.

Whether you are buying or selling in WILMINGTON, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,872  ·  Density: 272.5/mi²  ·  Median household income: $46,743

Typical home value: $221,610  ·  Homeownership: 37.3%

Market Overview

Active Listings
181
⇧ 2.8% vs 176 last year
Pending
54
30% pending ratio
Median Price
$350,000
⇩ 14.6% vs $409,975 last year
Average Price
$415,613
⇩ 14.3% vs $485,178 last year
Days on Market
85
⇧ 16.4% vs 73 days last year

Price Per Square Foot

Median $/sqft
$282
⇩ 13.5% vs $326/sqft last year
Median Home Size
1,149 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 181 this year vs 176 last year
  • Days on market: 85 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $350,000 (-14.6% YoY)
  • Average: $415,613 (-14.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.8 miles — 1,812 listings ($1,249,934,022 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28401Wilmington, NC 284010.0 mi177$75,803,259$359,380$428,267
28405Wilmington, NC 284056.2 mi131$112,873,530$441,250$861,630
28451Leland, NC 284519.2 mi493$248,254,094$435,500$503,558
28480Wrightsville Beach, NC 2848011.0 mi46$80,526,588$1,675,000$1,750,578
28409Wilmington, NC 2840911.3 mi166$163,687,620$569,600$986,070
28457Rocky Point, NC 2845712.9 mi43$18,581,805$460,000$432,135
28428Carolina Beach, NC 2842817.8 mi213$153,171,921$642,500$719,117
28456Riegelwood, NC 2845619.3 mi7$2,140,719$322,500$305,817
28443Hampstead, NC 2844320.7 mi276$186,793,764$525,000$676,789
28449Kure Beach, NC 2844921.5 mi55$55,299,090$865,000$1,005,438
28478Willard, NC 2847824.6 mi8$2,226,136$264,900$278,267
28447Ivanhoe, NC 2844726.9 mi1$699,000$699,000$699,000
28462Supply, NC 2846227.8 mi196$149,876,496$599,498$764,676

Frequently Asked Questions

How many homes are for sale in WILMINGTON, NC 28401?

As of February 2026, there are 181 active listings in WILMINGTON, NC (zip code 28401), compared to 176 the prior year.

What is the median home price in WILMINGTON, NC 28401?

The median listing price in WILMINGTON, NC 28401 is $350,000 as of February 2026, a 14.6% decrease from $409,975 the prior year.

How long do homes stay on the market in WILMINGTON, NC?

Homes in WILMINGTON, NC 28401 spend an average of 85 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in WILMINGTON, NC 28401?

Based on current inventory and days-on-market data as of February 2026, WILMINGTON, NC 28401 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 73 days last year.

How much can I save on real estate commission in WILMINGTON, NC?

With SELL123.com's maximum 3% commission, sellers in WILMINGTON, NC 28401 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.