28405, Wilmington, NC

Wilmington is a city located in the state of North Carolina. According to the 2010 census, Wilmington had a population of 129,912. The 28405 zip code covers much of Wilmington and has a population of about 109,000 people. Home equity is an important part of many people's lives and can be used for many purposes such as paying down debt or investing for the future.

In recent years, home prices in the 28405 zip code have increased significantly. In January 2017, the median home price was $169,900 which was up from $146,500 in January 2016. Over the past five years (2013-2017), the median home price has increased by about 73%. This increase has been particularly pronounced in neighborhoods near downtown Wilmington where prices have increased by an average of 116%.

While there are many factors that contribute to changes in home prices, one factor that has been consistently contributing is growth in demand for housing stock. In addition to increasing demand from individuals who are looking to buy homes, Wilmington has seen an influx of new businesses and jobs over the past few years which has led to an increase in residential development and construction activity. This growth has helped drive up prices across all types of homes within the 28405 zip code including single family homes, condos/townhomes and apartments.