Table of Content
This is across the entire Outer Banks area and not Hatteras Island-specific, but last year the median sales price of a lot on Hatteras Island YTD was $106,000. The key figure to me is the average days on market – this number has continued to trend downward since 2020. Sales volume has slowed down but it doesn’t mean prices are falling or homes aren’t selling quickly. It just reflects that a lot of sellers are happy with their 4% mortgage rates and don’t want to look for a new house in today’s rate environment. Here’s hoping that rates come down in 2023 and it provides some relief to buyers who really wanted a beach house for Christmas this year. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities.
With about 70 percent of the island built-out, there is still tremendous potential for growth. As your Hatteras REALTORS, we would be pleased to put our knowledge, experience and insight to work for you. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. Contact a local real estate professional or the school district for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Cedar Ave Lot 5
In the November report, the overall Outer Banks median sales price dropped to $519,654, yet the Hatteras Island figure stands at $618k. Canadian Hole near Avon is considered by many to be the windsurfing and kite-boarding capital of the east coast. Blue water fishing in the Gulf Stream is easily accessible from the villages of Frisco and Hatteras at the southern end of the island.
Whether you are a first time buyer, an experienced investor, or a property owner who is considering selling, we look forward to being your guide in the Hatteras Island real estate market. Nearly 70 percent of Hatteras Island is undeveloped, held in public trust by the National Park Service and the U.S. Windswept sand dunes, crashing ocean surf, and clear, star-filled nights give the island a timeless ambiance. The distinctive black and white striped Cape Hatteras lighthouse is our defining landmark and an internationally recognized symbol of the Outer Banks of North Carolina.
What is transportation like in Wichita?
Redfin has a local office at 4925 S Broadway Ave #1101, Wichita, KS 67216. Use our mortgage calculatorto see how much it would be to finance a home in Hatteras. Hatteras Island real estate represents one of the relatively few undiscovered vacation investment opportunities on the east coast.

Kayaking, beachcombing and just enjoying the sights and sounds of the ocean provide a restful, relaxing pastime for residents and visitors alike. Last month the Outer Banks hit a new high for median sales price of $600k, and Hatteras Island specifically was $621,250. If you're looking to sell your home in the Wichita area, our listing agents can help you get the best price. Homes for sale in Wichita have a median listing price of $250K.
More to explore in Wichita
I read an interesting statistic in US News & World Report that two-thirds of U.S. homeowners have a locked-in mortgage rate of 4% or less. Until mortgage rates get back close to those levels, those owners don’t have much of an incentive to sell. There were 190 vacant lot sales YTD in 2021, and only 140 during the same time period this year on Hatteras Island. If you find a nice soundfront or waterfront lot that you like, it might be a good time to secure it. There are only so many buildable waterfront lots left on the island.
We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, pleaselet us know. If you wish to report an issue or seek an accommodation, please let us know. If you're looking to buy a home in Hatteras, NC, you've come to the right place. Coldwell Banker keeps you up to date with the latest Hatteras MLS listing - including new homes for sale, townhomes for sale, condos for sale, foreclosed homes for sale, and land for sale. With Coldwell Banker's mobile app and website, you can customize your Hatteras home search to help find the right place for you, from the location you love to the number of bedrooms and bathrooms.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. We had a record median sales price for residential sales last month, and now we have a record for vacant lots in the November report – a $160k median sales price. With mortgage rates remaining above the 6% mark, a lot of buyers are securing the site of their future beach houses.

School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. Save your filters and get updated when new homes hit the market. In addition to houses in Wichita, there were also 17 condos, 0 townhouses, and 32 multi-family units for sale in Wichita last month. Based on Redfin calculations of home data from MLS and/or public records.
Redfin is redefining real estate and the home buying process in Wichita with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers. Primary schools are easy to access on foot from most homes for sale in Wichita. In contrast, high schools are not particularly numerous and accordingly may require a rather long walk to get to. Locals have the choice between public and private schools at both the elementary and secondary school level. In terms of food, some, but not all, home buyers in Wichita will live within walking distance of one of over 250 grocery stores.

Residents are served by over 1200 restaurants and coffee shops as well. In November 2019, we had an inventory level of 1,493 homes. Despite the rapid fall to the low of 377 available in 2021 and a notable increase since then, last month’s inventory level was still essentially one-third of pre-Covid levels.
Some of these homes are Hot Homes, meaning they're likely to sell quickly. Cottages, lots, condominiums and business properties in the villages of Rodanthe, Waves, Salvo, Avon, Buxton, Frisco and Hatteras. Serving the real estate needs of buyers and sellers at Cape Hatteras on the Outer Banks of North Carolina. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data.

Homeowners occupy roughly two thirds of the units in Wichita whereas renters occupy the remainder. This city is primarily composed of two bedroom and three bedroom homes. Most houses for sale are a reasonably short car ride from the closest highway, such as Interstate 235, and it is very convenient to come across a parking spot. In contrast, the public transit network in Wichita is quite poor. Nonetheless, there are around 10 bus lines, and the closest bus stop is usually within walking distance. This city is not very conducive to those who travel by foot since few common errands can be run without the use of a vehicle.
Exercise on Hatteras ferry helps agencies train for emergency incident
Visitors to the northern villages of Rodanthe, Waves and Salvo have the benefit of being close to the attractions of the Nags Head area and charter boat fishing out of Oregon Inlet. Cape Point near Buxton at the center of the island, is home to some of the best surf-fishing in the country. Near Cape Point, the warm waters of the Gulf Stream collide with the cold waters of the Labrador Current creating a spectacle that must be seen to be believed.

All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. Save this search to get email alerts when listings hit the market. Our Wichita real estate stats and trends will give you more information about home buying and selling trends in Wichita. Around 40% of properties in Wichita were built pre-1960, while most of the remaining buildings were constructed in the 1960s and the 1980s. In this city, most dwellings are single detached homes, and the rest are mainly large apartment buildings.
No comments:
Post a Comment