The story of this market
The typical home in ZIP 27982 sells for about $292,394, or $170 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,510 a month.
ZIP 27982 — Waves
The housing market in Wanchese (27982) is characterized by limited inventory and a median home value of approximately $292,394. Economic activity is driven by local maritime and tourism sectors, with property tax rates remaining relatively stable at 0.60%.
This area is primarily suited for those seeking a coastal lifestyle, including retirees and individuals employed in local maritime or tourism sectors.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 43 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 27982, Dare County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is subject to coastal flood and wind risks typical of the Outer Banks region, necessitating specific insurance considerations.
Development is largely tied to the local maritime and tourism industries, with limited large-scale infrastructure expansion reported.
Property taxes are administered by the Dare County Tax Department based on assessed property values, with rates set via annual budget ordinances.
The area offers significant access to coastal recreation, including boating, fishing, and proximity to Outer Banks beaches and parks.
The local economy is anchored by the maritime industry, commercial fishing, and tourism-related services.
Transportation is primarily via regional highway corridors serving the Outer Banks; public transit options are limited.
The Dare County Tax Department manages property assessments and collections for all municipalities except Nags Head.
Property insurance in this coastal zone is influenced by high hazard exposure to wind and flood events.
Data sourced from Zips.us.com profile for Wanchese, NC.
Provides extensive access to beaches, water sports, and maritime heritage sites.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.