The town of Wilmington, NC is constantly evolving, but always thriving. With its historic charm, vibrant culture, and stunning coastal landscapes, it's no wonder why newcomers and investors are drawn to the Port City.
But which neighborhoods should you live and invest in? In this article, the local real estate agents at Salt + Stone Property Group explore the three best emerging markets in Wilmington. Continue reading to discover where you can witness the city's growth and potential up close.
Is Wilmington, NC a Good Real Estate Investment?
Yes, Wilmington, NC is absolutely a prime location for real estate investments. In fact, the average home value here is over $400,000 — a 5.5% increase from last year! Moreover, listed homes go pending in around just 12 days (Zillow).
With its thriving economy, stunning coastal views, and vibrant cultural scene, Wilmington offers a blend of charm and growth potential that appeals to both homebuyers and investors.
The city's diverse neighborhoods, strong job market, and excellent quality of life make it an ideal place to invest in real estate. Whether you're looking for a family home, a vacation property, or a profitable rental, the Port City has something to offer you.
What are the Best Parts of Wilmington to Live In?
- South Front District: the Historic Southside
- North 4th Street: The Brooklyn Arts District
- RiverLights: Waterfront Living
Historic South Front District
The South Front District is a shining example of urban renewal and revitalization. Located just south of downtown Wilmington, this historic area has experienced a remarkable transformation over the last several years. The district features a mix of modern condos, trendy apartments, and restored historic homes, which attracts a diverse community of residents.
What Makes the South Front District Special?
- Mixed-Use Appeal: This district offers a mix of residential, commercial, and recreational spaces in a vibrant live-work-play environment.
- Historical Charm: The restoration of historic buildings retains the district's character while infusing it with modern amenities.
- Cultural Hub: The district is a cultural epicenter of the city, home to art galleries, boutiques, and local eateries.
- Proximity to Downtown: South Front is just a short walk or bike ride from Wilmington's downtown!
North 4th Street: The Brooklyn Arts District
Nestled in the northern part of downtown Wilmington, The Brooklyn Arts District is another hot spot that has been gaining attention. This creative hub is a magnet for artists, entrepreneurs, and anyone seeking a unique, artsy atmosphere.
Why is the Brooklyn Arts District on the Rise?
- Artistic Vibe: Galleries, studios, and creative spaces are abundant, so it’s a haven for artists and art enthusiasts.
- Community Engagement: To foster community involvement and a sense of belonging, the district hosts a variety of events, including the Fourth Friday Gallery Nights.
- Historic Significance: The district's historic homes and warehouses provide a unique backdrop for its artistic spirit.
- Investment Potential: As the district continues to grow, it increasingly offers intriguing investment opportunities.
RiverLights: Waterfront Living
If you're looking for a serene, waterfront lifestyle, then you’re looking for RiverLights. Located along the Cape Fear River, this master-planned community is fast becoming a high-demand destination for anyone who wants a tranquil but connected existence.
What Makes RiverLights an Up-and-Comer:
- Scenic Beauty: The community's proximity to the river offers breathtaking views and a relaxed, nature-inspired lifestyle.
- Amenities Galore: RiverLights features parks, trails, a marina, and community events for a close-knit, resort-style living experience.
- New Construction: The community offers a variety of modern home designs, perfect for building your dream home!
- Convenience: While it feels like a peaceful oasis, RiverLights still offers easy access to Wilmington's city center and beaches.
Invest in the Hottest Wilmington Real Estate at Salt + Stone
Wilmington, NC is a city with a fascinating history and a promising future. In fact, the South Front District, Brooklyn Arts District, and RiverLights are merely a small selection of the area’s best neighborhoods.
As these up-and-coming areas continue to grow, they offer diverse opportunities for residents, investors, and visitors who prefer a unique and vibrant lifestyle. Whether you're captivated by historic charm, artistic flair, or waterfront serenity, Wilmington has something to offer everyone.
If you’re considering buying, selling, or investing in the area, our Cape Fear and Wilmington real estate agents know exactly where to look. To learn more about the properties we have available in these neighborhoods, contact us today.