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Tanglewood

WILMINGTON, NC 28409

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28409

Tanglewood

Market Analysis

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

The WILMINGTON, NC real estate market (28409) currently shows 175 active listings, with 80 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 58 days last year.

The median listing price has fallen 1.1% year-over-year, from $603,700 to $597,225.

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: 34,397  ·  Density: 592.8/mi²  ·  Median household income: $101,796

Typical home value: $358,110  ·  Homeownership: 82.6%

Market Overview

Active Listings
175
⇧ 8% vs 162 last year
Pending
80
46% pending ratio
Median Price
$597,225
⇩ 1.1% vs $603,700 last year
Average Price
$1,017,763
⇧ 7.3% vs $948,915 last year
Days on Market
55
⇩ 5.2% vs 58 days last year

Price Per Square Foot

Median $/sqft
$283
⇧ 11% vs $255/sqft last year
Median Home Size
2,287 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 175 this year vs 162 last year
  • Days on market: 55 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $597,225 (-1.1% YoY)
  • Average: $1,017,763 (+7.3% 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 33.3 miles — 1,570 listings ($1,050,729,855 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28409Wilmington, NC 284090.0 mi166$163,687,620$569,600$986,070
28403Wilmington, NC 284034.9 mi125$80,951,375$390,000$647,611
28405Wilmington, NC 284057.7 mi131$112,873,530$441,250$861,630
28479Winnabow, NC 284799.5 mi85$33,415,455$365,000$393,123
28401Wilmington, NC 2840111.3 mi177$75,803,259$359,380$428,267
28429Castle Hayne, NC 2842913.2 mi80$47,941,920$499,995$599,274
28461Southport, NC 2846116.3 mi386$290,134,198$509,500$751,643
28457Rocky Point, NC 2845721.0 mi43$18,581,805$460,000$432,135
28435Currie, NC 2843522.8 mi6$6,497,880$565,000$1,082,980
28462Supply, NC 2846227.3 mi196$149,876,496$599,498$764,676
28456Riegelwood, NC 2845628.9 mi7$2,140,719$322,500$305,817
28423Bolton, NC 2842332.0 mi2$375,000$187,500$187,500
28470Shallotte, NC 2847033.3 mi166$68,450,598$365,425$412,353

Frequently Asked Questions

How many homes are for sale in WILMINGTON, NC 28409?

As of February 2026, there are 175 active listings in WILMINGTON, NC (zip code 28409), compared to 162 the prior year.

What is the median home price in WILMINGTON, NC 28409?

The median listing price in WILMINGTON, NC 28409 is $597,225 as of February 2026, a 1.1% decrease from $603,700 the prior year.

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

Homes in WILMINGTON, NC 28409 spend an average of 55 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in WILMINGTON, NC 28409?

Based on current inventory and days-on-market data as of February 2026, WILMINGTON, NC 28409 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 58 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 28409 save an estimated $11,945 compared to a typical 5% commission on the median listing price of $597,225. 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.