Why Live in Old East Wilmington
Old East Wilmington is a neighborhood characterized by a strong sense of community and diverse housing options. The area features a mix of single-family homes, condos, and apartment complexes. Homes north of Market Street include bungalows, cottages, and brick ranch-style houses, while the southern section is dominated by condos with updated interiors and community amenities like pools. The neighborhood is undergoing transformation with new constructions and rehabs, attracting both homeowners and investors. Some properties are available through a Land Trust financing model, making homeownership accessible for low- to moderate-income buyers.
Market Street, a major thoroughfare, bisects the neighborhood and is lined with both national retail chains and local boutiques and eateries. Notable spots include Flea Body's Antique Mall and Indochine restaurant. The area is also home to Wilmington’s only Target, with another proposed for the nearby Carolina Beach area. Community initiatives are prominent, such as the Willowdale Urban Farm and the preservation efforts at Maides Cemetery. Maides Park offers recreational facilities, including ballfields and courts, and is home to the Derick G.S. Davis Community Center.
Educational options in Old East Wilmington include highly rated schools like Holly Shelter Middle and New Hanover High. The neighborhood also hosts the Girls Leadership Academy of Wilmington, a public charter school with a STEM focus. The area is safer than the national average, contributing to its appeal. Conveniently located, the neighborhood is about 3 miles from the Historic District and 4 miles from Wilmington International Airport. Despite some traffic congestion during peak hours, the area is well-served by public transportation and bike paths.
Home Trends in Old East Wilmington, NC
On average, homes in Old East Wilmington, Wilmington sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in Old East Wilmington, Wilmington over the last 12 months is $509,250, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$509,250
Median Single Family Sale Price
$18,000
Average Price Per Sq Ft
$334
Number of Homes for Sale
2
Last 12 months Home Sales
9
Median List Price
$274,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-7%