28405 Home Values & Market Trends
There are 732 homes currently listed for 28405. 28405 real estate market trends show that home prices range from $120,000 to $11,599,000, and the median sales price in the 28405 zip code is $411,998. The total number of properties sold within the past twelve months is 637. In 28405, 20 properties are in foreclosure, 6 are bank owned properties,and 9 are headed for auction.
28405 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Wilmington | $ 452,673 $ 262/sqft |
Housing Market Summary for 28405
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $420K | $424.9K | 1.17% |
| Median Sold Price | $448.2K | $322.1K | -28.13% |
| Homes For Sale | 454 | 725 | 59.69% |
| Homes Sold | 188 | 221 | 17.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 28405
Browse Homes in 28405
The median list price of a home in Wilmington, is $411,998. A total of 732 properties are for sale, and the percentage of properties for sale in the zip code is 732.00%. The total count of 28405 properties is 992.
- Pre-ForeclosurePre-foreclosure homes account for 0.50% of all residential properties in 28405 with wilmington containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 28405; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,156,085 in wilmington to the lowest home value of $204,869 in wilmington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 28405 ranges from the highest value of $545,154 in wilmington to the lowest value of $158,362 in wilmington. Bank owned homes and properties account for 0.60% of properties in 28405. There is 1 cities within 28405; wilmington containing 15 REO properties, has the highest number of bank owned properties in a single city.
- Auctionswilmington has 35 auction properties, the highest number of properties going to auction in a single city in the state of 28405. Auction homes and other auction properties account for 0.91% of all properties in 28405. There is 1 cities within 28405; of that cities, the median estimated home value for homes going to auction ranges from $733,055 in wilmington to the lowest value of $153,163 in wilmington.
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More Real Estate Resources for 28405
Guide for 28405
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.