28405 — Wilmington, NC Home Values
Typical home value $377,332 as of June 2026 · 9th of 18 in Wilmington, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 28405, June 2021 to June 2026. This page shows observed data only; no forecast.
How 28405 compares in the Wilmington, NC area
ZIP code 28405 (Wilmington, NC) has a typical home value of $377,332 as of June 2026, ranking 9th of 18 ZIP codes tracked in the Wilmington, NC area, more expensive than about 56% of ZIP codes in the metro. Prices here have moved -1.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +34.2%, from $281,115 in June 2021 to $377,332 in June 2026. Against observed rent, the typical home here sells for 18.7× the annual rent ($1,685/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Wilmington, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Wilmington.
Population and demographics
ZIP code 28405 has a population of 35,159, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 69% White, 20.3% Black or African American, 6.7% Hispanic or Latino, 2.3% two or more races, 0.9% another race, 0.7% Asian, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| John J Blair Elementary | 6510 Market Street, Wilmington, NC | 1.8 mi |
| College Park Elementary | 5001 Oriole Drive, Wilmington, NC | 1.9 mi |
| Dr Hubert Eaton Sr Elem | 6701 Gordon Road, Wilmington, NC | 1.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 28405?
$377,332 as of June 2026, the latest month Zillow has published observed data for.
Is 28405 an expensive ZIP code in the Wilmington, NC area?
28405 ranks 9th of 18 ZIP codes in the Wilmington, NC area by typical home value, more expensive than about 56% of ZIP codes in the metro.
How much have home values in 28405 changed over the past year?
-1.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 28405?
The typical home price is 18.7× the observed annual rent in this ZIP code ($1,685/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 28405?
35,159, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 28405?
John J Blair Elementary (1.8 mi), College Park Elementary (1.9 mi), Dr Hubert Eaton Sr Elem (1.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 28405?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Wilmington, NC forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.