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Updated May 2026 · Redfin · 3-month window

28401 Real Estate Market Update: Wilmington, NC, May 2026

Analysis by , Founder & CEO, INEYA Studio — data updated May 2026 from the Redfin Data Center.

The latest housing-market numbers for ZIP code 28401 in Wilmington, North Carolina, for May 2026: a $389K median sale price, straight from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

$389K
Median sale price · May 2026
$346K
A year earlier · 2025
65
Days on market
97.2%
Sale-to-list
ZIP 28401 · Wilmington, NC · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$389K▲ +2.4%▲ +12.4%
Days on market65▲ +3.2%▲ +150.0%
Homes for sale187▲ +5.1%▲ +13.3%
Sale-to-list97.2%▼ -0.6%▲ +0.1%
Homes sold113▲ +7.6%▼ -4.2%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 28401 numbers say

Prices in Wilmington's 28401 ZIP are still climbing. The median sale price reached $389,000, up 12.4% year over year. The market has loosened: a typical listing now takes around 65 days to go under contract, with sellers getting 97.2% of list price.

Based on 113 recent sales, 28401 is currently an active market.

What this means if you sell in 28401

Use these figures to set expectations early with each client. Lead a listing appointment with the $389K median price and the 65-day pace, show the year-over-year direction, and frame 28401 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 28401 market

We built LOKAL to pull 28401's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $389K median sale price, +12.4% year over year, a 97.2% sale-to-list ratio and a +2.4% month-over-month move across 113 recorded sales. That compares with roughly $346K a year earlier, in 2025. We refresh every ZIP monthly and only publish once a ZIP clears at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Redfin has published ZIP-level market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 28401 — population, median household income, owner-occupancy — see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 28401 housing market

What is the median home price in ZIP 28401 (Wilmington, NC)?
As of May 2026, the median sale price in ZIP 28401 is $389,000 (+12.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 28401 a buyer's or seller's market right now?
ZIP 28401 is currently an active market, based on a 97.2% sale-to-list ratio, about 65 days on market for May 2026.
How long do homes take to sell in ZIP 28401?
A typical listing in 28401 goes under contract in about 65 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 28401 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/nc/zip/28401/" rel="dofollow">28401 Wilmington real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.