New Hanover County housing market — May 2025

What sold, what it sold for, and how long it took. Published September 22, 2026 and kept as written.

401

Homes sold

down 3.4% from a year ago

$487,800

Middle sale price

up 2.7% from a year ago

$265

Per square foot

middle, sold

18

Days on market

middle

98%

Of first asking price

50 sold above asking

3.2

Months of supply

at this pace

401 homes sold in New Hanover County in May 2025 at a middle price of $487,800, about $265 a square foot. The middle home took 18 days to sell. Sellers received 98% of their first asking price on average, and 50 homes sold above it.

A year earlier, 415 homes sold at a middle price of $475,000 — sales are down 3.4% and the middle price is up 2.7%.

451 homes came on the market during the month. New construction was 15.2% of everything that sold.

As this report was written, 1,297 homes were for sale in New Hanover County and 480 were under contract — about 3.2 months of supply at May 2025's pace of sales.

Busiest neighborhoods in May 2025

NeighborhoodTownSoldMiddle price
RiverlightsWilmington17$595,000
LandfallWilmington12$1,487,500
Parsons MillCastle Hayne9$410,118
East and MasonWilmington7$768,690
Historic DistrictWilmington7$672,500
Echo FarmsWilmington6$570,000
Pine Valley EstatesWilmington6$558,500
NorthchaseWilmington5$299,900

Every month on file for New Hanover County

June 2025 · April 2025

May 2025 elsewhere in southeastern NC

Questions, answered

How many homes sold in New Hanover County in May 2025?

401 homes sold in New Hanover County in May 2025 at a middle price of $487,800, about $265 a square foot. The middle home took 18 days to sell. Sellers received 98% of their first asking price on average, and 50 homes sold above it.

What is the median home price in New Hanover County?

$487,800 for homes that sold in May 2025, about $265 per square foot.

Are home prices going up or down in New Hanover County?

A year earlier, 415 homes sold at a middle price of $475,000 — sales are down 3.4% and the middle price is up 2.7%.

Which neighborhoods sold the most homes in New Hanover County?

Riverlights (17), Landfall (12), Parsons Mill (9), East and Mason (7), Historic District (7), Echo Farms (6).

See what's for sale now

Computed from Hive MLS records of homes that closed in May 2025 in New Hanover County. Middle = median; days on market counts every listing period for the home. Inventory figures are as of the day this report was written. Published figures are never restated — a later report may differ as late closings are recorded. Information deemed reliable but not guaranteed.