HousingHandbookReference data

U.S. ZIP Code · NC28449

New Hanover County · Wilmington, NC

Typical home value

$750,945[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.0%
5-year / yr
+6.5%
10-year / yr
+7.1%

Relative price

vs U.S.
+164.4%
vs metro
+98.0%
vs state
+163.8%
ZIP 28449 location in NC
Location of ZIP 28449 in NC

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 28449 is worth $750,945 — 98.0% above the Wilmington, NC median. Over the past year, values have fallen 3.0%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$4,330[3]

#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

Population
2,131[3]
Median household income
$107,563[3]

#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

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 yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$3,797
Loan principal$600,756
Down payment$150,189
Total interest paid$766,231

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.

Own : rent ratio
Monthly cost to own$4,786
Monthly rent

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.

Appreciation
54th percentile[1]
Rental yield
[2]
Property tax
62nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 28449?
The typical home in 28449 is worth $750,945, based on the Zillow Home Value Index.
Are home values rising in 28449?
Home values in 28449 are down 3.0% over the past year, and up 6.5% a year over five years.
What is the property tax rate in 28449?
The effective property tax rate in 28449 is 0.6% — roughly $4,330 a year on a typical home.
Who lives in 28449?
ZIP code 28449 has a population of 2,131 and a median household income of $107,563.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Carolina Beach, NC

    Typical home
    $607,646
    Gross yield
    4.7%
  • Oak Island, NC

    Typical home
    $599,848
    Gross yield
  • Ocean Isle Beach, NC

    Typical home
    $530,274
    Gross yield
  • Wilmington, NC

    Typical home
    $514,200
    Gross yield
    5.5%
  • Boiling Spring Lakes, NC

    Typical home
    $512,479
    Gross yield
    4.0%
  • Hampstead CDP, NC

    Typical home
    $491,044
    Gross yield
    4.5%

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