New-build home prices in 28405
Recorded home sales in ZIP 28405 (New Hanover County) run a median of $213 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $175 and $256/sq ft.
What new homes sell for in 28405
At the local median of $213/sq ft, a new home would price roughly:
| 1,500 sq ft | $319,500 |
| 2,000 sq ft | $426,000 |
| 2,500 sq ft | $532,500 |
| 3,000 sq ft | $639,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 2,183 | $216 | 1,539 sf | $328,000 |
| Townhouse | 224 | $187 | 1,428 sf | $300,250 |
Recent sales in 28405
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 1,118 | $2,200,000 | $1,968 | - | 5/2026 |
| Single-family | 3,435 | $1,170,000 | $341 | - | 1/2026 |
| Single-family | 2,900 | $970,000 | $335 | - | 3/2026 |
| Single-family | 2,413 | $930,000 | $385 | - | 6/2026 |
| Single-family | 2,764 | $899,000 | $325 | - | 6/2026 |
| Single-family | 2,252 | $889,000 | $395 | - | 7/2026 |
| Single-family | 2,526 | $870,000 | $344 | - | 1/2026 |
| Single-family | 2,240 | $868,500 | $388 | - | 5/2026 |
| Single-family | 2,040 | $865,000 | $424 | - | 4/2026 |
| Single-family | 2,734 | $825,000 | $302 | - | 6/2026 |
| Single-family | 2,413 | $805,000 | $334 | - | 5/2026 |
| Single-family | 2,355 | $765,000 | $325 | - | 4/2026 |
| Single-family | 2,007 | $719,000 | $358 | - | 1/2026 |
| Single-family | 1,921 | $660,000 | $344 | - | 4/2026 |
| Single-family | 1,920 | $660,000 | $344 | - | 3/2026 |
Appraising a site in 28405?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 28405 home prices
- What is the price per square foot in 28405?
- Recent recorded home sales in ZIP 28405 (New Hanover County, NC) run a median of $213 per square foot, with the middle half between $175 and $256, from 2,407 qualified sales in 2021-2026.
- What does a home sell for in 28405?
- The typical recorded sale in 28405 is a 1,519 sq ft home at $325,000. A new 1,519 sq ft home at the local $213/sq ft would price around $323,547.
- Where does this 28405 data come from?
- North Carolina county assessor and CAMA records (Wake, Mecklenburg, Johnston, New Hanover, Iredell, Harnett and Union counties). Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of New Hanover County →
Nearby ZIPs: 28403 · 28411 · 28480 · 28429 · 28401 · 28409 · 28412 · 28428
North Carolina land hub
Method: recorded residential sales with heated living area (2021+) from North Carolina county assessor and CAMA records (Wake, Mecklenburg, Johnston, New Hanover, Iredell, Harnett and Union counties), assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.