Market Intelligence Report — NC-620

Kill Devil Hills, NC

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

Ref. No: 2026-NC-09
As of the latest 2026 data
Cooling

Median Listing

$642K
-4.9% YoY

Pending Ratio

0.26
-7.0% YoY

Active Inventory

587
+23.1% YoY

Median DOM

89 Days
-4.3% YoY

Primary Intelligence Tool — Sold Score™

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The Kill Devil Hills market is currently cooling, characterized by a low pending ratio of 0.26 and a significant year-over-year increase in active listings by 23.1%. The median listing price has observed a modest month-over-month increase of 0.3%, but a larger year-over-year decline of 4.9%.

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 substantially, rising 23.1% over the past year, while new listings also increased by 19.1% year-over-year. This influx of supply outpaces demand, as evidenced by the pending ratio decreasing by 7.0% year-over-year to 0.26. The median listing price experienced a modest 0.3% month-over-month gain, but a more notable 4.9% decline compared to the previous year.

Historical Analysis

Market Trends

Median Price

$642K+0.3% MoM

Active Inventory

587+23.1% YoY

Days on Market

89-4.3% YoY

Sold Score™

27-7.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

27
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

With a pending ratio of 0.26, the market exhibits a slower pace of absorption, indicating that inventory is accumulating. The increase in active and new listings suggests less pressure on current inventory, leading to more extended marketing periods. Price adjustments are becoming more prevalent, as evidenced by the 17.1% share of price-reduced listings, requiring greater price discipline from sellers.

Luxury Segment

The average listing price has declined by 11.1% over the past year, and the spread between the average listing price ($802,503) and the median listing price ($642,000) is elevated, suggesting some softness in the higher-price tiers.

Supply Dynamics

587 active listings represent the current floor, with new supply arriving at roughly 150 per month.

Pricing Pressure
17.1%

of active listings carry a price reduction, +1.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.5% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Kill Devil Hills, NC? Homes here are taking 4 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
26%
Median Days on Market
89 days
Inventory YoY
+23%

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