April 2025: New Hanover County Residential Real Estate Market Update

🌴 New Hanover County Housing Market – April 2025: Spring Buzz or Balanced Market? 🏡

Is it still a seller’s market in New Hanover County? Are buyers finally getting a break? Let’s unpack the latest real estate trends with April’s market update.

Hey there, Wilmington-area homeowners, hopeful buyers, and savvy investors! 🌊 April showers may bring May flowers, but this spring, New Hanover County’s real estate market is blooming with data worth watching. Whether you're thinking of making a move or just keeping tabs on local trends, here's what you need to know.

🏠 Metric	📈 April 2025	🔄 YoY Change
Active Listings	1,236	🔺 +39.8%
New Listings	593	🔺 +23.8%
Pending Sales	411	🔺 +2.2%
Closed Sales	393	🔺 +3.4%
Median Sales Price	$450,000	➡️ 0.0% (Flat YoY)
Avg. Days on Market	56	🔺 +16.7%
Inventory Supply	3.15 months	🔺 +35.2%

🔍 What It Means

📈 More Homes, Steady Prices – A Shift in the Wind?

The market is showing signs of balancing out. For the first time in a while, the median sales price held steady year-over-year at $450,000. That’s a big deal—especially for buyers who've watched home prices climb for years. 😅

If you’re searching for homes for sale in New Hanover County or affordable real estate in Wilmington NC, the spring 2025 market may just have what you're looking for.

🛍️ Buyers: Inventory is on Your Side

With 1,236 active listings (up nearly 40%!), there are more homes to choose from than we’ve seen in over a year. Average days on market increased to 56, giving buyers a bit more breathing room.

🔑 Translation: It’s still competitive, but not cutthroat. 🧘‍♂️

💸 Sellers: More Competition, But Steady Demand

Sellers can still celebrate: closed and pending sales both increased, even as inventory grew. But pricing strategy is more important than ever—with more listings, buyers have choices.

📦 Price it right, prep it well, and your home can still shine in this evolving market!

📅 5-Year Trend: Holding Strong

Despite some month-to-month fluctuations, the long-term trend remains upward for both prices and sales volume. New Hanover County continues to be one of North Carolina’s most desirable places to live, thanks to its coastal charm, economic growth, and lifestyle perks.

✅ Final Take: Market Reset in Progress?

This isn't a crash—it’s a correction. April 2025 shows that New Hanover is moving from an overheated market toward something closer to balance.

📣 Whether you’re buying, selling, or investing, having a savvy local expert on your side has never been more important.

💼 Ready to Take the Next Step?

🏖️ Partner with a local agent who understands New Hanover’s shifting tides.

📲 Info from Cape Fear REALTORS® – your trusted voice for Wilmington-area real estate.

#newhanovercounty #housingmarket #housingmarketupdate

A reliable source for real estate market data provided by Cape Fear REALTORS®, compiled from NCRMLS.