Market Commentary: October 2025

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

Outer Banks Real Estate Statistics

For those of you that love numbers this page is for you!! Check back each month for the latest stats on the Outer Banks Real Estate Market. The information below is for the towns of Corolla, Duck, Southern Shores, Kitty Hawk, Kill Devil Hills, Nags Head, Rodanthe, Waves, Salvo, Avon, Buxton, Frisco, Hatteras, and Pirates Cove. The stats are for single family residential properties, condo’s, and townhouses. Land and commercial properties are NOT included in these stats.

Sold Listings 01/01/2025 to 10/31/2025
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1052 73 $675,000  $821,118 $4,875,000 $165,00
Sold Listings 01/01/2024 to 12/31/2024
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1284 57 $665,000  $829,966 $5,952,125 $189,000
Sold Listings 01/01/2023 to 12/31/2023
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1221 52 $640,000  $807,394 $7,077,777 $175,000
Sold Listings 01/01/2022 to 12/31/2022
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1845 37 $650,000  $822,435 $5,000,000 $130,250
Sold Listings 01/01/2021 to 012/31/2021
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
2612 54 $545,000  $706,600 $6,000,000 $107,000
Sold Listings 01/01/2020 to 012/31/2020
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
2434 118 $440,000  $533,624 $5,000,000 $72,000
Sold Listings 1/01/2019 to 12/31/2019
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1648 126 $362,500  $448,294 $3,250,000 $49,000
Sold Listings 1/01/2018 to 12/31/2018
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1545 136 $350,000  $451,322 $5,100,000 $64,900
Sold Listings 01/01/2017 to 12/31/2017
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1544 163 $342,700  $424,263 $3,250,000 $42,000
Sold Listings 01/01/2016 to 12/31/2016
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1415 210 $325,000  $403,155 $2,825,000 $62,000
Sold Listings 01/01/2015 to 12/31/2015
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1350 225 $325,000  $412,791 $4.900,000 $30,500
Sold Listings 01/01/2014 to 12/31/2014
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1194 218 $319,500  $420,884 $5,000,000 $54,900
Sold Listings 01/01/2013 to 12/31/2013
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1163 236 $321,000  $402,890 $3,175,000 $23,000
Sold Listings 01/01/2012 to 12/31/2012
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1209 230 $330,000  $420,245 $3,750,000 $55,000
Sold Listings 01/01/2010 to 12/31/2010
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
1108 217 $335,000 $407,068 $3,650,000 $49,000
Sold Listings 01/01/2009 to 12/31/2009
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
874 208 $340,000 $426,875 $3,100,000 $77,500
Sold Listings 01/01/2008 to 12/31/2008
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
802 210 $385,000 $483,712 $3,675,000 $92,450
Sold Listings 01/01/2007 to 12/31/2007
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
958 192 $405,00 $527,007 $4,500,000 $115,000
Sold Listings -1/01/2006 to 12/31/2006
# of Sold Listings Avg Days On Market Median Price Avg Price Max Price Min Price
982 163 $434,000 $556,090 $3,940,000 $129,000

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 2024