Market Commentary: March 2026
OBX Real Estate Stats: March 2026
The OBX real estate market continues to shift toward a more buyer‑friendly environment, with March bringing a noticeable rise in inventory, longer days on market, and a slight softening in average sale prices. These trends are creating better opportunities for buyers who have been waiting for improved conditions across the Outer Banks. As the market transitions and new possibilities open up in communities from Corolla to Hatteras Island, working with a proven local expert like Matt Huband—Broker/Owner of OBX Realty Group—ensures you have the insight, strategy, and hands‑on guidance needed to move with confidence in today’s evolving market.
March Market Stats
- Sold Listings: 88
- New Listings: 221
- Active Listings: 530
- Under Contract Listings: 150
- Average Days on Market: 63
- Sale‑to‑List Price Ratio: 96%
- Average Sold Price: $790,685
- Average New List Price: $823,500
What These Numbers Mean
The March OBX real estate market continued its shift toward more buyer‑friendly conditions as inventory expanded and overseas developments pushed mortgage rates upward again. A total of 88 homes sold last month, while 221 new listings hit the market—bringing active inventory to 530 properties. Buyer activity remained steady with 150 homes going under contract, though the pace is far from the rapid turnover seen several years ago.
Homes averaged 63 days on market, signaling a slower, more intentional buying environment. The 96% sale‑to‑list price ratio also reflects increased negotiation power for buyers as sellers adjust expectations in a more competitive landscape.
Pricing trends reinforce this recalibration. March’s average sold price dipped to $790,682, down from February’s $868,527, while the average new list price held relatively steady at $823,500. With more homes available and longer market times, price reductions are becoming more common as agents work with sellers to position their properties competitively. Buyers, meanwhile, are prioritizing value and taking the time to evaluate options across the OBX.
Overall, March’s data underscores the ongoing transition away from the frenzy of recent years and toward a healthier, more sustainable market—one defined by rising inventory, longer days on market, and increased pricing flexibility that creates meaningful opportunities for both buyers and sellers.
Time to start your search?
Now is the time to start your search and schedule a time to see listings. 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
When it comes to buying or selling real estate on the Outer Banks, Matt Huband of OBX Realty Group stands out as one of the most trusted and experienced Realtors in the region. With more than two decades of local market expertise and a top 7% of all Realtors on the Outer in total sales and sales volume, Matt combines deep community knowledge with strategic guidance that helps clients make confident decisions in any market. Known for clear communication, data‑driven insight, and exceptional client service, he consistently delivers results for primary homebuyers, second‑home seekers, and investment property owners. Whether navigating complex negotiations or identifying high‑value opportunities, Matt’s proven leadership and commitment to his clients make him one of the top real estate professionals on the Outer Banks.
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 2026
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 01/01/2026 to 03/31/26
| # of Sold Listings | Avg Days On Market | Median Price | Avg Price | Max Price | Min Price |
| 240 | 66 | $670,000 | $828,664 | $4,450,000 | $205,00 |
Sold Listings 01/01/2025 to 12/31/2025
| # of Sold Listings | Avg Days On Market | Median Price | Avg Price | Max Price | Min Price |
| 1291 | 74 | $672,000 | $827,223 | $4,850,000 | $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 2026