Outer Banks Real Estate Market Report – This Month 2022

Welcome to this month’s real estate report for the Outer Banks, North Carolina areas of CorollaDuckSouthern ShoresKitty HawkColingtonKill Devil HillsNags Head, All HatterasRoanoke IslandCurrituck Mainland, and Ocracoke Island. While home sales have slowed over the last couple of months, prices for single-family homes and land prices have been climbing higher. Read the full report to find out how high prices have gone up over the last month.

Are you in the market for a great home in the Outer Banks, North Carolina area? Start your search here to find all types of homes by price, size, location, and more! Be sure to save the favorite properties you want to tour, then, sign up to be notified as soon as new properties become available so you don’t miss out!

Have you been thinking of selling your home but are not sure for what price? Knowing your home’s true value is the first step to selling your home. We provide a free home valuation tool, simply enter some basic information about your home and we will provide you with a confidential, no-obligation, a market summary with a suggested listing price to sell your home.

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Outer Banks Housing Stats

The median sale price for single-family homes in the Outer Banks, North Carolina area at the end of May 2022 was $606,250, which is a year-to-year increase of 29%.

There were 250 single-family homes sold in the Outer Banks area during May, this is a month-to-month drop from 260 during April, and down from 300 during the month of March.

Homes in the Outer Banks area are on the market for an average of 37 days before being sold so far in 2022, this is down from 66 days just one year ago.

The median sale price for land/lots in the Outer Banks area at the end of May was $121,730,, which is up 17% from one year ago.

There were 80 land units sold during the month of May, this is up from 75 in April, and the same number were sold during March.

In the Outer Banks area, land/lot listings for sale are on the market for an average of 184 days before being sold, right in line with the average of 182 days before being sold at this time one year ago.

Market Reports from 2022

January 2022February 2022
March 2022April 2022
May 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 $606,250 or less.

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