New Hanover County

A local view of the market.

The real estate market in New Hanover County, North Carolina, has seen a significant increase in home values. As of October 2024, the median home sold price was approximately $449,731, reflecting a 6.7% increase from the previous year. The median price per square foot was reported to be $253, indicating a robust demand for housing in the area. New Hanover County is home to several prominent cities, with Wilmington being the largest, boasting a population of about 115,770. Other notable cities include Murraysville, with a population of approximately 16,174, and Myrtle Grove, which has around 11,921 residents. These cities contribute to the county's vibrant community and economic landscape. Living in New Hanover County offers a mix of suburban and rural experiences, with areas like Wilmington providing more urban amenities, while other parts of the county maintain a more rural charm. The county's economy is supported by industries such as tourism, education, and healthcare, attracting people for both employment opportunities and the appealing coastal lifestyle. Migration patterns indicate that many are drawn to the area for its quality of life and scenic beauty, making it a desirable location for new residents.