Home prices in South Nags Head seem to be holding steady with the median price almost the same for the past 2 years. The median price dropped slightly to $400,000 from $405,000 the year before, however the average price saw an increase from $479,000 in 2014 to $530,000 this past year, an increase of 115. If you are thinking of selling your house in South Nags Head, give me a call or click one of the links below to find out what I can do for you.
Sold Market South Nags Head 2015 | |||||
No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM | |
RESIDENTIAL | |||||
Conventional | 27 | $15,251,786 | $564,881 | $425,000 | 227 |
FHA | 1 | $320,000 | $320,000 | $320,000 | 118 |
Cash | 7 | $2,500,501 | $357,214 | $344,000 | 89 |
Jumbo Loan | 1 | $1,035,000 | $1,035,000 | $1,035,000 | 463 |
Analysis By Area | |||||
S. N.H. East/Old Oregon R | 24 | $14,403,740 | $600,156 | $400,000 | 229 |
S. N.H. West/Old Oregon R | 12 | $4,703,547 | $391,962 | $372,000 | 153 |
Totals | 36 | $19,107,287 | $530,758 | $400,000 | 204 |
Non Co-op Sales | 4 | $2,067,000 | $516,750 | $533,500 | 101 |
Co-op Sales | 32 | $17,040,287 | $532,509 | $395,000 | 216 |
Total Sales | 36 | $19,107,287 | $530,758 | $400,000 | 204 |
Sold Market South Nags Head 2014 | |||||
No. of Listings | Dollar Volume | Average Price | Median Price | Average DOM | |
RESIDENTIAL | |||||
Other | 1 | $345,000 | $345,000 | $345,000 | 174 |
Conventional | 32 | $13,954,750 | $436,086 | $393,250 | 230 |
Cash | 6 | $3,813,500 | $635,583 | $649,250 | 358 |
Private | 1 | $350,000 | $350,000 | $350,000 | 28 |
Jumbo Loan | 3 | $2,152,000 | $717,333 | $645,000 | 79 |
Analysis By Area | |||||
S. N.H. East/Old Oregon R | 24 | $12,736,750 | $530,698 | $440,000 | 214 |
S. N.H. West/Old Oregon R | 19 | $7,878,500 | $414,658 | $350,000 | 253 |
Totals | 43 | $20,615,250 | $479,424 | $405,000 | 231 |
Non Co-op Sales | 7 | $3,134,500 | $447,786 | $389,000 | 253 |
Co-op Sales | 36 | $17,480,750 | $485,576 | $412,500 | 227 |
Total Sales | 43 | $20,615,250 | $479,424 | $405,000 | 231 |
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