How much do homes cost in Outer Banks?

In Southern Shores, the median sale price has increased by 25% thus far in 2021, up to $635,000. In Kill Devil Hills, prices increased by 23%, with the median price of a home sale at $407,500. On Roanoke Island, the median price in 2021 to date is $430,500, up by 21% from the previous year.

Is buying a house in the Outer Banks worth it?

These owners know that Outer Banks property is a good investment. Prices are affordable relative to other resort areas, appreciation is steady, and there are many investment opportunities here. Renting can make the cost of a second home more affordable.

Where is the nicest place to live in the Outer Banks?

The Best Places to Live in the Outer Banks

• Corolla. The most northern town in the Outer Banks, Corolla is home to miles of beautiful beaches, wild horses, fabulous restaurants, a plethora of outdoor activities, and great golfing.
• Duck.
• Southern Shores.
• Kitty Hawk.
• Kill Devil Hills.
• Nags Head.
• Manteo.
• Rodanthe.

What is the nicest town in the Outer Banks?

Manteo. Another one of the prettiest Outer Banks towns is Manteo! Home to the mysterious Lost Colony, Manteo is an adorable little town located on Roanoke Island.

Is it expensive to live in the Outer Banks?

Compared to other popular beach destinations on the east coast, the Outer Banks is an incredibly affordable place to live. For example, our area’s cost of living is lower than towns such as Charleston, SC, Santa Barbara, CA, and the Florida Keys.

Why is the Outer Banks so cheap?

You also can’t buy and tear down and rebuild, the lots are too small to allow rebuilding, so they are there as long as they are there and then gone forever. This makes the price less attractive and lower.

What part of Outer Banks is best for families?

North Carolina’s coast is full of beautiful locations with fantastic views, great surf, and vast stretches of golden sand. While there are plenty of ideal places to stay, Roanoke Island is the best area in the Outer Banks for families.

Is it safe to live in the Outer Banks?

There is crime on the Outer Banks. There are drugs in the community. There is drunk driving, there is domestic violence, there are robberies. There are assaults.

Does the Outer Banks get snow?

Winters on the Banks are usually mild with temperatures averaging in the low to mid 50’s. Rarely, we do see an inch or two snow and cold weather into the 30’s. The Outer Banks in the winter is the polar opposite of summer. Most local businesses close down or shorten their hours.