28409 — Wilmington, NC Home Values
Typical home value $518,745 as of June 2026 · 4th of 18 in Wilmington, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 28409, June 2021 to June 2026. This page shows observed data only; no forecast.
How 28409 compares in the Wilmington, NC area
ZIP code 28409 (Wilmington, NC) has a typical home value of $518,745 as of June 2026, ranking 4th of 18 ZIP codes tracked in the Wilmington, NC area, more expensive than about 83% of ZIP codes in the metro. Prices here have moved 0.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +37.9%, from $376,291 in June 2021 to $518,745 in June 2026. Against observed rent, the typical home here sells for 17.8× the annual rent ($2,428/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 28409 has a population of 35,013, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 88.6% White, 4.1% Hispanic or Latino, 2.8% Black or African American, 2.7% two or more races, 1% Asian, 0.4% American Indian or Alaska Native, and 0.4% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Myrtle Grove Middle | 901 Piner Rd, Wilmington, NC | 1.6 mi |
| Masonboro Elementary | 3518 Masonboro Loop Road, Wilmington, NC | 2 mi |
| Pine Valley Elementary | 440 John S Mosby Dr, Wilmington, NC | 3 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 28409?
$518,745 as of June 2026, the latest month Zillow has published observed data for.
Is 28409 an expensive ZIP code in the Wilmington, NC area?
28409 ranks 4th of 18 ZIP codes in the Wilmington, NC area by typical home value, more expensive than about 83% of ZIP codes in the metro.
How much have home values in 28409 changed over the past year?
0.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 28409?
The typical home price is 17.8× the observed annual rent in this ZIP code ($2,428/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 28409?
35,013, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 28409?
Myrtle Grove Middle (1.6 mi), Masonboro Elementary (2 mi), Pine Valley Elementary (3 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 28409?
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.