Wilmington, NC home prices
Typical home $443,118 · +0.7% in a year · income needed $120,300
The Wilmington, NC metro area ranks 106 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.7% in a year and +28.3% over five years. With 20% down at 7.11%, the typical home costs about $2,807 a month including 0.54% property tax (New Hanover County rate).
Mortgage on the typical Wilmington home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $88,624 | $354,494 | $2,385 | $0 | $422 | $2,807 | $120,300 |
| 10% down | $44,312 | $398,806 | $2,683 | $166 | $422 | $3,271 | $140,200 |
| 5% down | $22,156 | $420,962 | $2,832 | $175 | $422 | $3,429 | $147,000 |
| 3.5% down (FHA) | $15,509 | $435,092 | $2,927 | $196 | $422 | $3,545 | $151,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.54% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Wilmington area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| New Hanover County, NC | $445,851 | +0.7% | 0.54% |
| Pender County, NC | $435,927 | +0.7% | 0.63% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Wilmington?
The typical home in the Wilmington, NC metro area is worth $443,118 (Zillow, September 2026).
What salary do you need to buy a house in Wilmington?
About $120,300 a year for the typical home with 20% down at 7.11%.