The story of this market
The typical home in ZIP 28412 sells for about $450,000, or $245 per square foot.
Prices are roughly flat from a year ago (+0.9%), a market in balance. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,900 a month.
ZIP 28412 — Wilmington
The 28412 housing market remains stable with sustained demand, evidenced by a median listing price of $450K. While inventory levels are sufficient, the market is seeing competitive activity for well-priced homes. Affordability remains a key concern for renters and first-time buyers, though the area continues to attract interest due to its coastal lifestyle and proximity to Wilmington's employment centers.
This ZIP code is ideal for families seeking suburban living, commuters working in Wilmington, and retirees attracted to the coastal climate. It offers a balance of established neighborhoods and proximity to both the city and the beach.
Median prices moved up 0.9% year over year.
Homes spend a median of 35 days on market with 4.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 8.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 28412, New Hanover County, NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in the 28412 area are generally consistent with suburban Wilmington, with property crime being the primary concern compared to violent crime. The area is considered relatively safe compared to the more urbanized central districts of Wilmington.
Schools serving the 28412 ZIP code are part of the New Hanover County School District, which maintains a mix of highly-rated and average-performing institutions. The area is well-regarded for its access to established public schools.
The area faces moderate risk from hurricane-related wind and storm surge due to its proximity to the Atlantic coast. Flood insurance is a standard consideration for many properties in this low-lying coastal plain.
Economic momentum is driven by the Wilmington metro area's growth in healthcare, education, and tourism. Infrastructure development is focused on managing traffic along the major corridors connecting the southern suburbs to the city center.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate.
Commuters typically rely on Carolina Beach Road and South College Road to reach the employment hubs of downtown Wilmington and the University of North Carolina Wilmington. Traffic congestion is a common factor during peak hours.
The area offers significant access to outdoor amenities, including proximity to Carolina Beach, various public parks, and the Halyburton Park nature preserve. Shopping and dining are concentrated along the major arterial roads.
The rental market is characterized by high demand and limited vacancy, driven by the area's popularity with students and young professionals. Rent growth has remained positive, though it has moderated compared to the post-pandemic surge.
The local economy is anchored by the healthcare sector, including New Hanover Regional Medical Center, and the University of North Carolina Wilmington. Tourism and retail also play significant roles in the regional employment mix.
Transportation is primarily automobile-dependent, with limited public transit options provided by Wave Transit. The area is served by major highway corridors connecting to the broader Wilmington region.
Development is focused on mixed-use residential projects and commercial infill along the Carolina Beach Road corridor. Planning efforts prioritize managing density while preserving existing suburban character.
The New Hanover County Tax Department conducts periodic revaluations to ensure assessments reflect current market values.
Parcels are subject to New Hanover County property taxes and various municipal service districts, including fire and school district levies.
Property insurance premiums are elevated due to the area's coastal location and susceptibility to hurricane and wind damage. Market health is stable but requires specialized coverage for flood and wind.
North Carolina continues to see positive net domestic migration, with the Wilmington area being a primary destination for retirees and remote workers.
North Carolina is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically provides a longer timeline for homeowners.
North Carolina is a 'caveat emptor' state, but sellers are required to provide a Residential Property and Owners' Association Disclosure Statement.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- North Carolina Aquarium at Fort Fisher4.612.4 mi
- Indochine Restaurant4.56.7 mi
- Jungle Rapids Family Fun Park4.45.4 mi
- Live Oak Bank Pavilion4.27.6 mi
- Wilmington Convention Center4.57.2 mi
- North Carolina Aquarium at Fort Fisher4.612.4 mi
- Battleship North Carolina4.86.9 mi
- Carolina Beach Boardwalk4.57.6 mi
- Wilmington Riverwalk, Battleship Eastside Site.4.76.7 mi
- Airlie Gardens4.87.2 mi
- North Carolina Aquarium at Fort Fisher4.612.4 mi
- Battleship North Carolina4.86.9 mi
- Fort Fisher State Historic Site4.811.8 mi
- Oak Island Lighthouse4.618.5 mi
- The Cotton Exchange4.57 mi
- Airlie Gardens4.87.2 mi
- Fort Fisher State Recreation Area4.812.3 mi
- Carolina Beach State Park4.76.7 mi
- Long Leaf Park4.75 mi
- Freeman Park Beach4.66 mi
- Deep Point Marina & Yacht Club4.515.4 mi
- Morningstar Marinas Southport4.716.7 mi
- St James Properties4.115.8 mi
- Carolina Yacht Club4.57.8 mi
- Port City Marina4.57.4 mi
- Beau Rivage Golf & Resort4.42 mi
- Cape Fear Country Club4.65.4 mi
- Wilmington Municipal Golf Course4.15.1 mi
- Magnolia Greens Golf Course4.49.3 mi
- Olde Fort Golf Course4.13.9 mi
- Independence Mall4.15 mi
- T.J. Maxx4.36.9 mi
- Publix Super Market Commons at Federal Point4.66.9 mi
- Kohl's4.47.5 mi
- Marshalls4.28 mi
- Wilmington International Airport4.38.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A 58-acre park featuring nature trails and an educational center.
A popular coastal destination located just south of the ZIP code.
A premier golf facility serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.