U.S. ZIP Code · NC28429
New Hanover County · Wilmington, NC
Appreciation
- 1-year
- -1.7%
- 5-year / yr
- +6.3%
- 10-year / yr
- +6.9%
Relative price
- vs U.S.
- +29.8%
- vs metro
- -2.8%
- vs state
- +29.5%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 28429 is worth $368,631 — 2.8% below the Wilmington, NC median. Over the past year, values have fallen 1.7%. Homes here rent for a typical $2,357 a month — a 7.7% gross rental yield. The effective property tax rate is 0.5%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for New Hanover County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively High[4]
- Riverine flood
- Relatively Moderate
- Coastal flood
- Relatively High
- Wildfire
- Relatively Low
- Drought
- Very Low
- Heat wave
- Relatively Moderate
- Hurricane
- Very High
- Tornado
- Relatively High
- Earthquake
- Relatively Low
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of New Hanover County over a year, from IRS tax-return data.
- Net migration
- +1,277[5]
- Moved in
- 9,383
- Moved out
- 8,106
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 4
- Elementary
- 1
- Middle
- 1
- High
- 2
Holly Shelter Middle
Middle · Grades 6–8 · New Hanover County Schools
822 students
Castle Hayne Elementary
Elementary · Grades PK–5 · New Hanover County Schools
496 students
SEA-Tech
High · Grades 9–13 · New Hanover County Schools
265 students
Wilmington Early College High
High · Grades 9–13 · New Hanover County Schools
254 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Owning and renting are roughly even.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 28429?
- The typical home in 28429 is worth $368,631, based on the Zillow Home Value Index.
- Are home values rising in 28429?
- Home values in 28429 are down 1.7% over the past year, and up 6.3% a year over five years.
- What is the typical rent in 28429?
- A typical home in 28429 rents for about $2,357 a month, a gross rental yield of 7.7%.
- What is the property tax rate in 28429?
- The effective property tax rate in 28429 is 0.5% — roughly $2,001 a year on a typical home.
- Who lives in 28429?
- ZIP code 28429 has a population of 9,662 and a median household income of $72,337.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Leland, NC
- Typical home
- $365,984
- Gross yield
- —
Rocky Point CDP, NC
- Typical home
- $372,933
- Gross yield
- —
Wilmington, NC
- Typical home
- $375,291
- Gross yield
- 5.2%
Leland, NC
- Typical home
- $379,205
- Gross yield
- 5.3%
Wilmington, NC
- Typical home
- $395,000
- Gross yield
- 5.1%
Carolina Shores, NC
- Typical home
- $342,086
- Gross yield
- 6.8%
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
Compare ZIPs
Pit ZIP 28429 against any other ZIP — full side-by-side table.
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