Is Kill Devil Hills, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kill Devil Hills is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Kill Devil Hills was a Neutral Market.

Key Takeaway

Kill Devil Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kill Devil Hills, NC

How much do homes in Kill Devil Hills, NC cost?

Median Sold Price

$345,000

$291/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$235,000(-40.5%)

Key Takeaway

Homes in Kill Devil Hills have sold for 40.5% less than they did a month ago.

Summary: The median home sold price in Kill Devil Hills was $345,000 in March 2024, down 40.5% from last month, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$290K
N/A
2 --
N/A
3 $385K$400K
+3.9%
4 $582.5K-
N/A
5+ --
N/A

Summary: Kill Devil Hills housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Atlantic Township
-17.1%
Kill Devil Hills
-40.5%

Housing Supply in Kill Devil Hills, NC

How many homes are available in Kill Devil Hills, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2526+4.0%

Summary: The Kill Devil Hills real estate market had 26 homes for sale in March 2024, a 4.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1415
+7.1%
4 66
0.0%
5+ 11
0.0%

Summary: The Kill Devil Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kill Devil Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kill Devil Hills in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Kill Devil Hills, NC

How long does it take to sell a home in Kill Devil Hills, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
138 Days54 Days-60.7%

Summary: Homes in Kill Devil Hills had an average of 54 days on market in Mar 2024, down by 60.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kill Devil Hills are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Kill Devil Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Kill Devil Hills, NC

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