Property Prices in Wilmington, NC, United States

Index Info
Price to Income Ratio: 3.57
Mortgage as Percentage of Income: 32.16%
Loan Affordability Index: 3.11
Price to Rent Ratio - City Centre: 9.61
Price to Rent Ratio - Outside of Centre: 11.63
Gross Rental Yield (City Centre): 10.41%
Gross Rental Yield (Outside of Centre): 8.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,416.67 $ 1,200.00-1,600.00
Apartment (1 bedroom) Outside of Centre 1,150.00 $ 1,000.00-3,500.00
Apartment (3 bedrooms) in City Centre 2,391.67 $ 1,900.00-2,750.00
Apartment (3 bedrooms) Outside of Centre 1,910.00 $ 1,600.00-5,900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 268.24 $ 250.00-278.99
Price per Square Feet to Buy Apartment Outside of Centre 261.74 $ 240.00-278.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,998.22 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.60 6.19-6.75

These data are based on 73 entries in the past 18 months from 26 different contributors.
Last update: January 2025

Sources and References
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