Wilmington, NC 28411 - Real Estate Investment Insights & Performance Data

Welcome to our 28411 real estate data hub, tailored for investors in Wilmington, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 28411 in Wilmington, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in NEW HANOVER COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Wilmington, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Wilmington property market.

• Location Overview

  • Zip Code: 28411
  • City: Wilmington
  • State: NC
  • Metro Area: Wilmington, NC
  • County Name: NEW HANOVER COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $421,281
  • Average Home Price (Single Family Homes): $422,431
  • Average Monthly Rental Price (All Types): $1,934
  • Price-to-Rent Ratio: 18
  • Zillow Projected % appreciation from 4/2023-4/2024: 3.2%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,450
  • Average 3 Bedroom Section 8 Rental Rates: $1,930
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 24.21
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.19
  • Number of Units Offered in Section 8 in the County: 1226
  • Number of Occupied Units in Section 8 in the County: 1129
  • Percentage of Section 8 Units Occupied in the County: 92.09999847%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 250.18
  • Total % Appreciation since 2000 (Government Data): 131.27
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.34%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.37%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.57%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 53.74%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 97.24%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.6%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%