With the first six months of 2022 now in the books, we thought it would be the perfect time to do a deep dive into the numbers. Our staff conducted a study of every home sold so far this year. We broke the numbers down into the 29 largest towns in the Cape Fear region. We then ranked these areas based on average price. (In the table below you will notice we also recorded the average price per square foot.) To no one’s surprise the most expensive averages were found in beach communities, and the lowest were located in more rural areas. Still, there were some numbers that did raise our eyebrows. For instance, we didn’t expect that the highest non beach community would be Belville. We were also shocked to see that in the battle of the bedroom communities, that the average price in Hampstead is now more than $60,000 more expensive than it is in Leland. The numbers and rankings will obviously change in the next six months, but hopefully this study will help provide some insight on each area and where your money will go the furthest.
Location | Average Price | Average Price Per Square Foot |
1.Wrightsville Beach | $1,506,279 | $893 per square foot |
2. Bald Head Island | $1,497,835 | $696 per square foot |
3. Kure Beach | $751,979 | $421 per square foot |
4. Caswell Beach | $718,000 | $389 per square foot |
5. Surf City | $651,015 | $368 per square foot |
6. Oak Island | $615,568 | $396 per square foot |
7. Ocean Isle | $601,892 | $311 per square foot |
8. Carolina Beach | $581,692 | $436 per square foot |
9 Belville | $469,714 | $196 per square foot |
10 Southport | $463,856 | $227 per square goot |
11. Wilmington | $459,716 | $211 per square foot |
12 Sunset Beach | $456,064 | $249 per square foot |
13. Hampstead | $448,708 | $192 per square foot |
14.Leland | $383,943 | $189 per square foot |
15. Bolivia | $344,061 | $181 per square foot |
16. Castle Hayne | $343,445 | $189 per square foot |
17. Winnabow | $340,077 | $179 per square foot |
18. Rocky Point | $328,521 | $153 per square foot |
19. Carolina Shores | $325,561 | $169 per square foot |
20. Calabash | $318,724 | $179 per square foot |
21. Shallotte | $292,496 | $164 per square foot |
22. Supply | $283,329 | $171 per square foot |
23. Boiling Spring Lakes | $275,817 | $194 Per square foot |
24. Ash | $269,250 | $149 per square foot |
25. Varnamtown | $265,000 | $202 per square foot |
26. Burgaw | $252,898 | $151 per square foot |
27. Currie | $238,538 | $161 per square foot |
28. Navassa | $221,000 | $175 per square foot |
29. Atkinson | $172,113 | $107 per square foot |