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Home appreciation in Wilmington, NC

Over the five years ending 2025, home prices in Wilmington, NC grew an average of 11.7% a year.

Price growth at a glance

1-year

+4.0%

2025 over 2024. North Carolina: +3.6%.

5-year, per year

+11.7%

Average annual growth, 2020 to 2025. North Carolina: +10.6%.

10-year, per year

+8.8%

+133.1% in total since 2015. North Carolina: +8.1%.

How does your home compare?

Wilmington, NC home prices rose 133.1% over the ten years to 2025, while its ZIP codes ranged from +89.9% to +166.5%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Wilmington, NC compares with North Carolina

North Carolina averaged +10.6% a year, so Wilmington, NC grew faster than the state overall. For five-year price growth, Wilmington, NC ranks 18th out of 409 metros nationwide and 2nd out of 15 in North Carolina.

Index, 2005 = 100

Wilmington, NC and North Carolina, quarterly house price index rebased to 100 in 2005.
YearWilmington, NCNorth Carolina
2005 Q1100100
2005 Q2106101
2005 Q3112104
2005 Q4117106
2006 Q1123107
2006 Q2128109
2006 Q3131111
2006 Q4133113
2007 Q1136115
2007 Q2136116
2007 Q3135116
2007 Q4136117
2008 Q1136118
2008 Q2134118
2008 Q3130116
2008 Q4128116
2009 Q1130118
2009 Q2125116
2009 Q3120113
2009 Q4119112
2010 Q1116110
2010 Q2112109
2010 Q3113110
2010 Q4112109
2011 Q1108107
2011 Q2105104
2011 Q3105105
2011 Q4105105
2012 Q1102104
2012 Q2101103
2012 Q3101104
2012 Q4101104
2013 Q1101104
2013 Q2101104
2013 Q3103105
2013 Q4102104
2014 Q1104105
2014 Q2103106
2014 Q3105107
2014 Q4106108
2015 Q1106109
2015 Q2109111
2015 Q3109112
2015 Q4111113
2016 Q1112114
2016 Q2112116
2016 Q3115118
2016 Q4116118
2017 Q1117119
2017 Q2120122
2017 Q3122124
2017 Q4124125
2018 Q1124127
2018 Q2128130
2018 Q3131132
2018 Q4131132
2019 Q1133135
2019 Q2137137
2019 Q3138139
2019 Q4141140
2020 Q1143142
2020 Q2143144
2020 Q3147146
2020 Q4150150
2021 Q1155154
2021 Q2165163
2021 Q3176174
2021 Q4183182
2022 Q1193190
2022 Q2211206
2022 Q3218212
2022 Q4218211
2023 Q1227213
2023 Q2231220
2023 Q3233224
2023 Q4233224
2024 Q1242228
2024 Q2243233
2024 Q3244235
2024 Q4248236
2025 Q1248238
2025 Q2254241
2025 Q3256242
2025 Q4257244
2026 Q1259245
2026 Q2263247

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +8.8% a year over ten years, +133.1% in total.

Over this history, home prices peaked in 2007, fell 25.3% to its 2012 low, and regained the 2007 level in 2019.

The strongest year was 2022 at +23.6%, and the weakest was 2010 at -8.0%.

In 2025 alone the index moved +4.0%, against +3.6% for the state.

ZIP codes in Wilmington, NC

Over the ten years to 2025, the 20 ZIP codes FHFA measures in this metro ranged from +89.9% in 28467 to +166.5% in 28465, while the metro as a whole rose 133.1%.

Fastest-rising ZIP codes

10-year change

  1. 28465+166.5%
  2. 28428+161.7%
  3. 28401+154.0%
  4. 28445+140.9%
  5. 28405+138.9%

Slowest-rising ZIP codes

10-year change

  1. 28467+89.9%
  2. 28457+93.1%
  3. 28425+95.3%
  4. 28470+96.7%
  5. 28461+97.3%
ZIP codes in Wilmington, NC ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
28465+3.3%+13.1%+10.3%+166.5%
28428+4.6%+12.6%+10.1%+161.7%
28401+3.3%+12.0%+9.8%+154.0%
28445+2.2%+12.1%+9.2%+140.9%
28405+6.4%+11.2%+9.1%+138.9%
28403+9.1%+12.0%+8.9%+134.2%
28429+7.2%+11.2%+8.8%+132.7%
284620.0%+12.3%+8.6%+128.7%
28469+12.1%+11.8%+8.5%+126.2%
28468+15.4%+12.8%+8.1%+118.3%
28409+2.5%+10.6%+8.0%+116.8%
28411+6.8%+10.7%+7.8%+111.2%
28412-0.5%+9.5%+7.7%+110.8%
28451+2.1%+10.1%+7.6%+108.0%
28443+0.2%+10.5%+7.3%+102.9%
28461+3.3%+9.2%+7.0%+97.3%
28470-4.8%+9.6%+7.0%+96.7%
28425-2.2%+10.6%+6.9%+95.3%
28457-2.5%+9.3%+6.8%+93.1%
28467-4.2%+8.2%+6.6%+89.9%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Wilmington, NC and North Carolina, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006118.4+18.4%107.2
2007124.7+5.3%112.9
2008121.4-2.7%114.1
2009113.5-6.6%111.5
2010104.4-8.0%106.5
201197.4-6.7%102.6
201293.2-4.3%100.9
201393.4+0.2%101.6
201496.2+3.0%103.8
2015100.0+3.9%108.2
2016104.6+4.6%113.4
2017111.0+6.2%119.4
2018118.1+6.4%126.8
2019126.0+6.7%134.0
2020134.2+6.5%141.8
2021156.0+16.3%163.6
2022192.9+23.6%199.5
2023212.3+10.0%214.3
2024224.2+5.6%226.7
2025233.1+4.0%235.0

The 15 measured metros in North Carolina

Measured metros in North Carolina ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Pinehurst-Southern Pines, NC+3.7%+11.7%+7.8%
2Wilmington, NC+4.0%+11.7%+8.8%
3Burlington, NC+3.3%+11.3%+7.9%
4Jacksonville, NC+5.3%+11.3%+7.9%
5Hickory-Lenoir-Morganton, NC+4.6%+11.0%+8.2%
6Fayetteville, NC+4.2%+10.9%+6.7%
7Charlotte-Concord-Gastonia, NC-SC+3.3%+10.8%+8.8%
8Winston-Salem, NC+4.3%+10.8%+7.6%
9Goldsboro, NC+4.1%+10.6%+6.2%
10Greensboro-High Point, NC+4.3%+10.6%+7.5%
11Rocky Mount, NC+4.3%+10.2%+6.9%
12Durham-Chapel Hill, NC+2.1%+10.1%+8.1%
13Raleigh-Cary, NC+2.3%+10.0%+7.9%
14Asheville, NC+2.0%+9.8%+8.1%
15Greenville, NC+2.8%+9.6%+6.4%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the North Carolina row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2