Outer Banks Real Estate Market Report – This Month 2022

Welcome to this month’s real estate market report for the Outer Banks, North Carolina area. Median sale prices for homes are up, inventory is still down compared to 2021, and while property sales increased month to month, they are still down significantly from one year ago. Get up to date with the Outer Banks real estate market with this helpful report.

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Are you ready to sell your home in the Outer Banks but not sure for what price? Find out what your home may be worth by using our free home valuation tool. Simply enter some basic information about your property and we will provide you a competitive market summary with a suggested listing price for your home.

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Outer Banks Housing Stats

The median sale price for single-family residential properties of all Outer Banks communities at the end of September 2022 was $595,000, which is up 20% year to year.

There has been a total of 1,995 single-family residential properties sold so far in 2022, single-family home sales fell month to month, dropping from 200 during August to just 160 in September.

There was a total of 2,601 sales of all property types in the Outer Banks at the end of September, this is a drop of 24% compared to the previous September.

There is a total of 999 listings of all property types at the end of September 2022 in the Outer Banks, this is down 6% from September 2021.

There are just 510 single-family residential properties for sale in the Outer Banks area at the end of September, this is a drop of 5% compared to this time one year ago.

Outer Banks Land/Lot Stats

The median sale price for land/lot parcels in the Outer Banks area at the end of September 2022 was $121,651, this is up 16%  year to year.

There have been 568 land/lot parcels sold so far in 2022, sales of land/lot parcels are down 24% compared to one year ago.

There is a total of 451 land/lot parcel listings in the Outer Banks at the end of September, listings are down 15% year to year. 

Market Reports from 2022

January 2022February 2022
March 2022April 2022
May 2022June 2022
July 2022August 2022
September 2022

Market Reports from 2021

November 2021December 2021

Get instant access to average property values, inventory, and market changes for your focus area.

Which OBX Town is Right for You?

Carova – 4×4 AreaCorolla
Currituck MainlandDuck
Southern ShoresKitty Hawk
Kill Devil HillsNags Head
ManteoRodanthe, Waves & Salvo
Hatteras – Avon, Buxton & Hatteras VillageOcracoke

Outer Banks Homes for Sale

Here are the most recent home listings just added to the database in the average sale price range for Outer Banks. All homes here are priced at $595,000 or less.

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