🌴 July 2025 New Hanover County Housing Market Update: Steady Demand & A Small Price Shift

The summer housing market in Wilmington and surrounding New Hanover County is showing healthy activity. There are steady sales, more listings, and a slight price adjustment.

Hey Wilmington friends! ☀️ Whether you’re house-hunting near the coast, selling a downtown bungalow, or just keeping up with local real estate trends, the July 2025 market update from Cape Fear REALTORS® has some interesting takeaways.

📊 Key Metrics Overview

| Metric | July 2025 | YoY Change |

|-------------------------------|------------|--------------|

| Active Listings | 1,239 | 🔺 +16.7% |

| New Listings | 455 | 🔻 -2.6% |

| Pending Sales | 389 | 🔺 +7.8% |

| Closed Sales | 395 | 🔺 +9.7% |

| Median Sales Price | $455,000 | 🔻 -1.1% |

| Avg. Days on Market (DOM) | 53 | 🔺 +15.2% |

| Month’s Supply of Inventory | 3.14 | 🔺 +6.4% |

🔍 What Do These Numbers Mean?

🏠 Buyers: More Choices, Stable Prices

Active listings climbed by 16.7% from last year. This increase gives you more homes to choose from across Wilmington, Wrightsville Beach, and Carolina Beach. Even better, the median sales price dipped slightly by 1.1% to $455,000. This makes it a great time to make a move without facing steep price jumps.

💼 Sellers: Strong Sales, But Competition is Growing

Closed sales are up by 9.7%, and pending sales are up nearly 8%. This shows that buyer demand remains healthy. However, with more homes on the market and a longer average selling time of 53 days, pricing your home competitively is more important than ever.

📉 Why the Slight Price Drop?

The small decline in median price doesn’t mean values are falling. It reflects a more balanced market where buyers have a bit more leverage. Sellers must be strategic in their pricing.

📈 Long-Term Outlook: Stability & Coastal Appeal

Over the past five years, New Hanover County home values have grown consistently. Even with seasonal shifts, this area remains one of North Carolina’s most desirable places to live. It offers strong long-term investment potential. 🌊

✅ Final Take: Balanced, Busy, and Full of Opportunity

July 2025 shows a stable and active market in New Hanover County. Buyers enjoy more inventory and stable prices, while sellers benefit from strong demand. The key to success? Working with a local expert who knows this market inside and out.

📍 Ready to Make Your Move?

Whether you’re buying your first home or selling a coastal property, a data-driven approach will help you succeed in today’s evolving market.

📍 Powered by Cape Fear REALTORS® – the trusted voice of real estate in New Hanover County and the greater Wilmington MSA.

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