Historic District Homes for Sale in Wilmington NC 2022
Back in the 2018-2020 window homes values went up precipitously. How about lately? Here is a live data feed of the market with its 24% increase in the past year. What you have is an expansion of the classy historic district spreading out to surrounding blocks with renovations and new construction. There are also a lot of new constuction and contemporary downtown Wilmington condos in the historic district. [update December 2020] Here's an update since I first noted that we need investors to come down here and bring their money and start renovating a square mile of Bungalows back to their former glory days. That is in fact what has started to happen especially since 2019. Right now you find tons of flips where homes from 1890 to 1950 are purchased for $100,000 and then they are sold for $250,000 8 months later. That is exactly what we needed to happen in the area, and that is making the entire 28401 downtown Wilmington homes for sale ZIP code more beautiful. From the two examples below in 2020 you can see exactly what I mean. One home was bought for $87,000 and sold for $204,000 5 months later and the other for $57,000 and flipped for 190,000 5 months later.
Before and after flips downtown Wilmington homes
This is an active feed of the Historic District homes for sale in Wilmington NC. Wilmington, NC, has one of the largest National Register of Historic Places for a city of its size in the United States. Wilmington’s Historic District is about 100 blocks and is under the oversight of the Wilmington Historic Preservation Commission and the Historic Wilmington Foundation that assure compliance with established historical standards. A less expensive neighborhood walking distance to downtown Wilmington that has historic homes is Carolina Place Tourists and residents enjoy walking through the Wilmington NC Historic District with shaded oak trees lining the streets and viewing the lovely old homes. Nearby in the District are a variety of shops, restaurants, nightlife, trolley rides, and river tours.