Why Live in Old Wilmington
Old Wilmington is a historic downtown neighborhood known for its rich history, culture, and tourism. Located east of the Cape Fear River, this area features late 19th-century and early 20th-century architecture, including Victorian, Queen Anne, and Italianate homes, alongside 1920s Craftsman bungalows. The neighborhood is walkable, with wide streets shaded by mature trees and lined with sidewalks. Residents and visitors enjoy the iconic Riverwalk and Front Street, a lively area with restaurants, bars, boutiques, and museums. Notable dining options include Caprice, a French bistro, and Fork ‘N’ Cork, a popular burger joint. The Riverwalk offers a scenic 2-mile boardwalk along the river, perfect for sunset views and waterfront dining at places like Pilot House and Elijah’s Oyster & Fish Camp. Greenfield Park, the largest green space downtown, provides opportunities for kayaking, nature walks, and playground activities, though residents should be cautious of alligators. Robert Strange Park and the MLK Community Center are undergoing renovations, set to reopen in Spring 2025 with new amenities. Dram Tree Park offers a boat ramp and grassy lawn along the river. The neighborhood hosts major events like the North Carolina Azalea Festival in April and Riverfest in October, featuring street fairs, parades, and concerts. Schools in the area include the highly rated Williston Middle and New Hanover High. While grocery stores are not within walking distance, Food Lion is about 2 miles away. The neighborhood is safer than the national average, and residents can enjoy short, walkable commutes to the Central Business District. Parking can be challenging due to the historic nature of the homes, but residents can register for street parking passes.
Home Trends in Old Wilmington, NC
On average, homes in Old Wilmington, Wilmington sell after 57 days on the market compared to the national average of 52 days. The median sale price for homes in Old Wilmington, Wilmington over the last 12 months is $467,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$467,000
Median Single Family Sale Price
$495,000
Median Townhouse Sale Price
$649,500
Median 2 Bedroom Sale Price
$455,000
Median 1 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$384
Number of Homes for Sale
33
Last 12 months Home Sales
56
Median List Price
$500,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%