OBX Real Estate Stats: Oct 2025
The Outer Banks real estate market has shown encouraging signs of stability in recent months. After a period of slower activity, home prices have leveled off, creating a more predictable environment for both buyers and sellers. This shift comes at a pivotal time, as mortgage rates have dropped to their lowest levels in over a year, sparking renewed interest among buyers who had been waiting on the sidelines. Average days on market for sold properties has held steady over since summer averaging 73 days, while active listings are averaging 122 days on the market. Prices are trending down slightly, with the current average sold price in 2025 at $821,118 compared to $841,495 at the same time in 2024. Currently, there are 532 active listings with 127 under contract, with an average list price of $1,052,264 and an under-contract price of $854,184.
💵 Prices Holding Steady
- Average home prices across the Outer Banks have remained consistent, avoiding the sharp declines seen in other coastal markets.
- Sellers are benefiting from stable valuations, while buyers are finding confidence in the predictability of current pricing.
- With inventory levels are still low, the market is positioned to support healthy transaction activity without dramatic swings.
🏠 Buyers Returning to the Market
- Lower mortgage rates have reduced monthly payments, making homes more affordable for a wider pool of buyers.
- Vacation home buyers and investors are also re‑entering the market, drawn by the Outer Banks’ unique blend of lifestyle appeal and rental potential.
🔮 Outlook for 2026
Looking ahead, the Outer Banks housing market forecast is strong:
- If mortgage rates continue to ease, buyer demand is expected to rise further.
- Stable pricing combined with renewed activity suggests a balanced market heading into 2026.
- The Outer Banks’ enduring appeal—its beaches, lifestyle, and investment opportunities—will continue to attract both local and out‑of‑state buyers.
🌊 Why This Matters for Buyers and Sellers
For buyers, now may be the ideal time to lock in favorable financing before competition intensifies. For sellers, stable prices and growing demand mean listings are more likely to attract serious offers.
Time to start your search?
Schedule a time to see the options firsthand and find your ideal home or rental property. Can’t make the trip down just yet? Stay up to date with the Outer Banks real estate market by signing up for a Listing Manager account or receiving Market Reports. These tools will keep you informed on market trends and help you refine your search.
For a personalized touch, share your search criteria, and I’ll create an automatic email search tailored to your preferences.
Want to Sell Your Outer Banks Property?
If you have a house to sell or know anyone that wants to sell now is the time. It does not cost you anything to find out what I can sell your property for with a Free Home Valuation. If you are a buyer that wants to stay up to date on the market sign up for free Market Report for the town you are interested in. The Market Report is emailed to you each week with new listings, sold listings, and price changes. You can also sign up for a Listing Manager account where you can set your own search parameters for the properties you are interested in.
Trust a Proven Realtor with Your Outer Banks Real Estate Needs
With over two decades of experience, Matt ranks in the top 7% of all Outer Banks Realtors for total sales volume and the number of houses sold since 2003. His expertise and dedication make the selling process smooth and successful.
Ready to take the next step? Contact Matt today and start your journey toward selling—or buying—your dream Outer Banks property.
A big part of buying Property on the Outer Banks is finding the right lender to get pre-qualified.
Below are two local lenders that you can contact to get the mortgage process started.
Kelly Tolson-Arbor Home Loans
Mortgage Loan Originator, NMLS# 664230
Kill Devil Hills, NC 27948
Phone: (252) 364-3712
Email: ktolson@arborhl.com
Jamie Lavier-Towne Bank Mortgage
Senior Loan Officer-NMLS # 996395
Kitty Hawk, NC 27949
Office # 252-255-4561
Cell # 252-489-9317
Email Me
Disclaimer: This representation is based in whole or in part on data supplied by, and to the Subscribers of the Outer Banks Association of REALTORS® Multiple Listing Service. Information contained herein is deemed reliable but not guaranteed. Data maintained by the OBAR MLS is for its own use and may not reflect all real estate activity in the market. Data provided from 2003 to 2025