Cities with the fastest growing home prices in Wilmington metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Wilmington metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Wilmington, NC metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 15 cities and towns with data available were included in the list.

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1 / 15
Stacker

#15. Ivanhoe, Ivanhoe

- 1-year price change: +$22,281 (+18.9%)
- 5-year price change: +$33,841 (+31.8%)
- Typical home value: $140,189 (#15 most expensive city in metro)
2 / 15
Stacker

#14. Currie, Currie

- 1-year price change: +$27,714 (+16.7%)
- 5-year price change: +$87,041 (+81.5%)
- Typical home value: $193,823 (#12 most expensive city in metro)
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Stacker

#13. Atkinson, Atkinson

- 1-year price change: +$29,786 (+20.8%)
- 5-year price change: +$30,291 (+21.2%)
- Typical home value: $173,075 (#14 most expensive city in metro)
4 / 15
Stacker

#12. Wallace, Wallace

- 1-year price change: +$32,242 (+22.3%)
- 5-year price change: +$60,179 (+51.6%)
- Typical home value: $176,909 (#13 most expensive city in metro)
5 / 15
Stacker

#11. Burgaw, Burgaw

- 1-year price change: +$52,616 (+26.7%)
- 5-year price change: +$111,848 (+81.3%)
- Typical home value: $249,430 (#11 most expensive city in metro)

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6 / 15
Stacker

#10. Castle Hayne, Castle Hayne

- 1-year price change: +$53,673 (+21.8%)
- 5-year price change: +$131,241 (+77.6%)
- Typical home value: $300,418 (#9 most expensive city in metro)
7 / 15
Stacker

#9. Saint Helena, Saint Helena

- 1-year price change: +$59,679 (+28.2%)
- 5-year price change: +$109,700 (+67.9%)
- Typical home value: $271,144 (#10 most expensive city in metro)
8 / 15
Stacker

#8. Rocky Point, Rocky Point

- 1-year price change: +$70,295 (+27.4%)
- 5-year price change: +$134,657 (+70.0%)
- Typical home value: $327,142 (#8 most expensive city in metro)
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Stacker

#7. Wilmington, Wilmington

- 1-year price change: +$70,297 (+22.7%)
- 5-year price change: +$155,713 (+69.6%)
- Typical home value: $379,506 (#7 most expensive city in metro)
10 / 15
Stacker

#6. Hampstead, Hampstead

- 1-year price change: +$97,272 (+26.4%)
- 5-year price change: +$191,579 (+69.7%)
- Typical home value: $466,319 (#6 most expensive city in metro)

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Stacker

#5. Carolina Beach, Carolina Beach

- 1-year price change: +$132,119 (+29.3%)
- 5-year price change: +$283,673 (+94.7%)
- Typical home value: $583,143 (#5 most expensive city in metro)
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Stacker

#4. Kure Beach, Kure Beach

- 1-year price change: +$166,349 (+28.6%)
- 5-year price change: +$353,690 (+89.5%)
- Typical home value: $748,665 (#3 most expensive city in metro)
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Stacker

#3. Surf City, Surf City

- 1-year price change: +$173,542 (+33.1%)
- 5-year price change: +$337,290 (+93.6%)
- Typical home value: $697,756 (#4 most expensive city in metro)
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Stacker

#2. Topsail Beach, Topsail Beach

- 1-year price change: +$309,186 (+43.8%)
- 5-year price change: +$518,569 (+104.5%)
- Typical home value: $1,014,693 (#2 most expensive city in metro)
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Stacker

#1. Wrightsville Beach, Wrightsville Beach

- 1-year price change: +$345,917 (+28.4%)
- 5-year price change: +$680,655 (+77.0%)
- Typical home value: $1,564,284 (#1 most expensive city in metro)

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