Best In North Carolina Real Estate™: Wilmington

Wilmington leads North Carolina in concentration of million-dollar homes, with 61.5% of all $1M properties located in just three cities—Wilmington, St. James, and Oak Island. This level of clustering is unmatched in the state, indicating a hyper-localized luxury market. For context: https://alex-companies.com/data/2026-11-02-wilmington-concentration-million-homes-place. How does this concentration affect investment strategy in the Cape Fear region? Is the luxury market becoming a self-sustaining ecosystem, or is it creating new opportunities in adjacent communities? Let’s discuss. Share of the Market's $1M Homes in Its Top Three Cities, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Wilmington — 3,229 #2 St. James — 1,048 #3 Oak Island — 860 #4 Carolina Beach — 736 #5 Porters Neck — 565 #6 Leland — 535 #7 Myrtle Grove — 519 #8 Ogden — 371 #9 Hampstead — 259 #10 Silver Lake — 166 Photos via Wikimedia Commons: Slide 1: Edward Orde (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=53139360; Slide 2: Edward Orde (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=53166481; Slide 3: Upstateherd (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=122367286; Slide 4: Farragutful (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=86106988 Source: https://alex-companies.com/data/2026-11-02-wilmington-concentration-million-homes-place View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902