Sea Breeze, NC housing market
Homes typically sell in 26 days, below asking.
Home values, sales, trends and how Sea Breeze compares with the towns next door — updated as new data is published.
Sea Breeze at a glance
A balanced market
About 4 months of supply: neither buyers nor sellers have a clear edge.
Home prices up 60% in 5 years
The federal house price index for the ZIP codes around Sea Breeze rose 60% over the past 5 years, about the same as across North Carolina. Last year prices rose 0.6%. Carrying the Census median home value forward with that index puts the typical Sea Breeze home at roughly $477,000 today.
Show as a table
| Year | Change that year | Since 2000 | North Carolina since 2000 |
|---|---|---|---|
| 2025 | +0.6% | +188% | +159% |
| 2024 | +4.4% | +186% | +153% |
| 2023 | +12% | +174% | +141% |
| 2022 | +23% | +144% | +121% |
| 2021 | +11% | +99% | +83% |
| 2020 | +6.3% | +79% | +62% |
| 2019 | +5.3% | +69% | +56% |
| 2018 | +5% | +60% | +47% |
| 2017 | +6.9% | +53% | +39% |
| 2016 | +5.8% | +43% | +31% |
| 2015 | +3.5% | +35% | +26% |
| 2014 | +5.1% | +30% | +21% |
| 2013 | +2% | +24% | +18% |
| 2012 | −5.9% | +22% | +17% |
| 2011 | −7.8% | +29% | +20% |
| 2010 | −7.7% | +40% | +25% |
| 2009 | −6.8% | +52% | +32% |
| 2008 | −2.3% | +63% | +36% |
| 2007 | +5.1% | +67% | +34% |
| 2006 | +19% | +59% | +28% |
| 2005 | +18% | +34% | +19% |
| 2004 | +6% | +13% | +12% |
| 2003 | +1% | +7.1% | +8.3% |
| 2002 | +1.8% | +6% | +6.7% |
| 2001 | +4.1% | +4.1% | +4.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 28412, 28409, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Sea Breeze and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Sea Breeze | +0.6%† | $1,820 | $69,942 |
| Myrtle Grove | +2.4%† | $1,950 | $113,463 |
† FHFA price index change, where Zillow has no home value for the town.
5.8 years of income
The typical Sea Breeze home costs about 5.8 years of the town's median household income, more than across North Carolina (4.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,820
HUD's Fair Market Rent for a two-bedroom in Sea Breeze is $1,820 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 31% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,250 · 4 bedrooms $2,540
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28409, 28412; Wilmington, NC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.