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There are currently 5,229 real estate properties in Nags Head, NC, with a median automated valuation model (AVM) price of $656,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nags Head, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Nags Head, NC, is $828,091.00, with the most expensive house in Nags Head, NC, topping out at $34,176,500.00 and the cheapest home in Nags Head, NC, clocking in at $144,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Nags Head, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nags Head, NC, is on a rollercoaster ride. The average rent price in Nags Head, NC, is $1,807.00. Indeed, when looking to rent in Nags Head, NC, you can expect to pay as little as $730.00 or as much as $4,060.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Nags Head, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Nags Head, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Nags Head, NC and much more. Save thousands at closing with home foreclosure listings in Nags Head, NC — up to 75% off market value!
Nags Head is located in Dare, North Carolina, with an estimated municipal population of 2,975 residents. All of the best foreclosed homes for sale in Nags Head are located in the following zip code areas on Foreclosure.com: 27959. The estimated population per square kilometer (.62 miles) in Nags Head is 174.
So, about how much do homes cost in Nags Head? The most recent median value of resident-owned homes in Nags Head is 327,655. An estimated 70.7 percent of households in Nags Head own their homes, with an average family size of 2.57. The median household income in Nags Head is 65,968, with29.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Nags Head, the median commute time of resident workers (in minutes) is 20.4. And last, but certainly not least, are you looking for homes to rent in Nags Head? If so, the average rent price paid by renters in Nags Head is 1,310, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Nags Head, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Nags Head is 49.6, split between 45.2 percent male versus 54.8 female. The percentage of residents who report being married in Nags Head is 56.7, with an average family size of 2.57.
The percentage of residents who report their race in Nags Head is as follows:
| White | 93.1% |
| Black / African American | 1.6% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.7% |
| Other | 2.6% |
Looking for family-friendly neighborhoods in and/or near Nags Head? Or maybe you are searching for 55+ active adult communities in and/or near Nags Head?
The percentage of residents who report their age in Nags Head is as follows:
| Under 10 | 9.8% |
| Aged 10-19 | 9% |
| 20s | 6.6% |
| 30s | 15.5% |
| 40s | 9.7% |
| 50s | 16% |
| 60s | 19% |
| 70s | 13.1% |
| 80+ | 1.3% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Nags Head with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Nags Head.
How do you know that living in -- or moving to -- Nags Head is right where you need to be? Perhaps you grew up in Nags Head or already live nearby; therefore, the decision to buy a home in Nags Head is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Nags Head for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Nags Head:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Nags Head.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Nags Head can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Nags Head, meanwhile, can field multiple offers from more qualified buyers.
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