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WANCHESE, NC 27981

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The WANCHESE, NC real estate market (27981) currently shows 1 active listings. Homes are averaging 100 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 100 days on market compared to 59 days last year.

The median listing price has fallen 11.8% year-over-year, from $622,250 to $549,000.

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Market Context

Market Context

Population: 2,009  ·  Density: 85.1/mi²  ·  Median household income: $71,484

Typical home value: $272,245  ·  Homeownership: 76.9%

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$549,000
⇩ 11.8% vs $622,250 last year
Average Price
$549,000
⇩ 11.8% vs $622,250 last year
Days on Market
100
⇧ 69.5% vs 59 days last year

Price Per Square Foot

Median $/sqft
$337
⇧ 13.1% vs $298/sqft last year
Median Home Size
1,629 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 100 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $549,000 (-11.8% YoY)
  • Average: $549,000 (-11.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 42.1 miles — 297 listings ($288,912,218 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27981Wanchese, NC 279810.0 mi4$1,985,200$549,900$496,300
27954Manteo, NC 279544.4 mi45$33,685,740$575,000$748,572
27953Manns Harbor, NC 2795313.5 mi3$2,398,500$799,500$799,500
27978Stumpy Point, NC 2797815.1 mi2$750,000$375,000$375,000
27941Harbinger, NC 2794119.0 mi1$620,625$620,625$620,625
27966Powells Point, NC 2796622.1 mi5$2,155,835$379,000$431,167
27947Jarvisburg, NC 2794727.1 mi14$7,052,066$380,500$503,719
27824Engelhard, NC 2782429.8 mi5$939,900$139,900$187,980
27915Avon, NC 2791532.0 mi39$27,067,287$558,000$694,033
27965Poplar Branch, NC 2796533.6 mi3$1,434,300$464,450$478,100
27826Fairfield, NC 2782639.0 mi1$124,900$124,900$124,900
27927Corolla, NC 2792740.2 mi165$204,944,025$925,000$1,242,085
27920Buxton, NC 2792042.1 mi10$5,753,840$555,500$575,384

Frequently Asked Questions

How many homes are for sale in WANCHESE, NC 27981?

As of September 2026, there are 1 active listings in WANCHESE, NC (zip code 27981), compared to 3 the prior year.

What is the median home price in WANCHESE, NC 27981?

The median listing price in WANCHESE, NC 27981 is $549,000 as of September 2026, a 11.8% decrease from $622,250 the prior year.

How long do homes stay on the market in WANCHESE, NC?

Homes in WANCHESE, NC 27981 spend an average of 100 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in WANCHESE, NC 27981?

Based on current inventory and days-on-market data as of September 2026, WANCHESE, NC 27981 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 100 days on market compared to 59 days last year.

How much can I save on real estate commission in WANCHESE, NC?

With SELL123.com's maximum 3% commission, sellers in WANCHESE, NC 27981 save an estimated $10,980 compared to a typical 5% commission on the median listing price of $549,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.