Selling your Wilmington home: what the last 12 months say

The median home in Wilmington sold for $455,000 over the last 12 months, but your home's value depends on its size, condition, lot and street. Online estimates often disagree with each other by a lot. Use the tool on this page to see every major estimate side by side next to real Wilmington sales, or call us for a price based on the homes that actually compete with yours.

Over the last 12 months in Wilmington, 23% of listings didn't sell, compared with 20% the year before, and homes that sold took a median of 27 days vs. 23 days. Homes are selling, but price decides which pile yours lands in. Homes that sold for 97% or more of their first asking price took a median of 9 days. Homes that needed price cuts took 64 days.

A median of 27 days on the market for homes that sold in Wilmington, counted from the first day listed (we count relists as one listing, so the number isn't flattered). After you accept an offer, a financed sale in North Carolina usually takes another 30 to 45 days to close; cash can close faster.

1,052 Wilmington listings expired, were withdrawn or were canceled in the last 12 months — about 23%. They had cut their price by a median of 2.0% and still didn't sell. Price range matters: 33% of homes first listed at $1M+ didn't sell, compared with 19% at $500–750K. Some owners stop for personal reasons, but the most common story is a first price the market didn't accept.

North Carolina's excise tax is $1 for every $500 of the sale price — about $910 on a $455,000 home. Sellers also typically pay to prepare the deed, pay off any mortgage, their share of this year's property taxes (prorated to closing day), any HOA letters or transfer charges, and whatever repairs or credits they agree to after the buyer's inspection. Before you answer any offer, we give you a net sheet showing what you'd actually walk away with.

Yes. You don't have to fix anything to sell. You can list it as-is at a price that reflects its condition — we inspect before listing, so you know what buyers will find and can price for it instead of renegotiating later. If you'd rather skip showings and repairs entirely, we can get you a cash offer from our investor partner with your choice of closing date; it will be below market, and we'll show you how far, next to what a listing would likely net. About 26% of Wilmington sales in the last 12 months were cash.

About 16% of Wilmington contracts in the last 12 months ended before closing and the home came back on the market. Homes that sold after a failed contract went for 94.8% of their first asking price, vs. 97.7% for homes that closed on the first contract. Inspection findings, low appraisals and buyer financing are the usual reasons — which is why we inspect before listing and require a pre-approval or proof of funds with every offer.

Buyers paid cash on about 26% of Wilmington sales in the last 12 months. A cash offer trades price for speed and certainty. If you want one, we can get you a guaranteed cash offer through an investor partner — it will be well below market, but it's there as a backstop while your home is listed.

With us you can end the listing anytime you're not under contract. We absorb what we've spent up front — inspection, photos, all of it.