Market Intelligence Report — NC-620

Kill Devil Hills, NC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NC-08
As of the latest 2026 data
Cooling

Median Listing

$640K
-5.2% YoY

Pending Ratio

0.28
-4.1% YoY

Active Inventory

562
+14.0% YoY

Median DOM

87 Days
-7.4% YoY

Primary Intelligence Tool — Sold Score™

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The Kill Devil Hills market is currently classified as Cooling, with a pending ratio of 0.28 indicating demand absorption significantly lagging available inventory. The median listing price has observed a notable year-over-year contraction of 5.2%, reflecting adjusted valuation expectations.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Kill Devil Hills market right now.

Active listings have expanded by 14.0% over the past year, while new listings also increased by 12.5% during the same period, contributing to increased supply. Despite this, the median days on market have compressed by 7.4% year-over-year. The pending ratio has declined by 4.1% year-over-year, suggesting a deceleration in the rate at which new contracts are being signed relative to available supply.

Historical Analysis

Market Trends

Median Price

$640K-1.4% MoM

Active Inventory

562+14.0% YoY

Days on Market

87-7.4% YoY

Sold Score™

33-4.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In the current environment, the elevated supply and lower pending ratio suggest that the pace of transactions is slower. This places increased pressure on price discipline, as properties remain on the market longer and demand absorption is reduced relative to inventory levels. Buyers may find more scope for negotiation.

Luxury Segment

The average listing price has declined by 8.2% year-over-year, while the median listing price decreased by 5.2% over the same period, indicating a disproportionate impact at higher price points. However, the median price per square foot has registered a modest 2.3% increase year-over-year, presenting a mixed signal for the luxury segment.

Supply Dynamics

562 active listings represent the current floor, with new supply arriving at roughly 144 per month.

Pricing Pressure
15.5%

of active listings carry a price reduction, +0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.3% year-over-year.

Absorption
0.28

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Kill Devil Hills, NC? Homes here are taking 7 days less to sell than last year.

Buyers have leverage in Kill Devil Hills, NC. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
28%
Median Days on Market
87 days
Inventory YoY
+14%

In a buyer's market, strategy beats timing. See how your home scores in Kill Devil Hills, NC and what moves the number.

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Metro Demographics

Metro Area
Kill Devil Hills, NC
CBSA Code
28620
State
NC