Southern Shores, Point Harbor, Kitty Hawk among fastest September home price increases in N.C.

Southern Shores, Point Harbor, Kitty Hawk among fastest September home price increases in N.C.

October 30th, 2023

Home prices for September in Southern Shores, Point Harbor and Kitty Hawk ranked again as some of the fastest-rising in North Carolina when compared to a year ago.

Increasing mortgage rates have slowed growth, with prices even declining in some places around the country. But some areas are still seeing price jumps compared to the year before.

The typical home value according to Zillow in Southern Shores last month was $785,129, the fourth-highest increase from September 2022 of $28,501 (3.7%). Value grew by $335,089 (74.5%) compared to five years ago.

Home values in Point Harbor, at the tip of the Currituck County mainland, rose to $436,152, rising by $20,458 (32nd in N.C., +4.9%) from a year ago, and $192,904 (79.3%) over the last five years.

Kitty Hawk is ranked 35th in the state, with typical home values increasing $19,461 (3.3%) to $617,151. The five year price change was $260,252 (+72.9%).

Another community in northeastern North Carolina, Bath, ranked 33rd with a $20,266 increase in September to $366,967 (+5.8 percent). Since 2018, home prices in the Beaufort County town that is also the oldest in the state went up by $128,843 (54.1%).

According to Zillow, the typical home value in the United States was $350,091 in September, 2.1% higher than the year before.

#50. Boone

– Typical home value: $459,104
– 1-year price change: +$18,184 (+4.1%)
– 5-year price change: +$191,621 (+71.6%)
– Metro area: Boone, NC

#49. Hubert

– Typical home value: $257,400
– 1-year price change: +$18,270 (+7.6%)
– 5-year price change: +$100,742 (+64.3%)
– Metro area: Jacksonville, NC

#48. Lake Junaluska

– Typical home value: $446,376
– 1-year price change: +$18,359 (+4.3%)
– 5-year price change: +$192,082 (+75.5%)
– Metro area: Asheville, NC

#47. Pisgah Forest

– Typical home value: $420,515
– 1-year price change: +$18,484 (+4.6%)
– 5-year price change: +$178,510 (+73.8%)
– Metro area: Brevard, NC

#46. North Topsail Beach

– Typical home value: $513,057
– 1-year price change: +$18,690 (+3.8%)
– 5-year price change: +$252,824 (+97.2%)
– Metro area: Jacksonville, NC

#45. Whispering Pines

– Typical home value: $509,648
– 1-year price change: +$18,706 (+3.8%)
– 5-year price change: +$208,343 (+69.1%)
– Metro area: Pinehurst-Southern Pines, NC

#44. Black Mountain

– Typical home value: $452,396
– 1-year price change: +$18,711 (+4.3%)
– 5-year price change: +$173,315 (+62.1%)
– Metro area: Asheville, NC

#43. Leicester

– Typical home value: $410,251
– 1-year price change: +$18,827 (+4.8%)
– 5-year price change: +$153,322 (+59.7%)
– Metro area: Asheville, NC

#42. Rosman

– Typical home value: $324,579
– 1-year price change: +$18,874 (+6.2%)
– 5-year price change: +$131,971 (+68.5%)
– Metro area: Brevard, NC

#41. Neuse Forest

– Typical home value: $292,953
– 1-year price change: +$19,002 (+6.9%)
– 5-year price change: +$108,811 (+59.1%)
– Metro area: New Bern, NC

#40. Thurmond

– Typical home value: $250,734
– 1-year price change: +$19,182 (+8.3%)
– 5-year price change: +$111,286 (+79.8%)
– Metro area: North Wilkesboro, NC

#39. Minnesott Beach

– Typical home value: $338,435
– 1-year price change: +$19,340 (+6.1%)
– 5-year price change: +$116,086 (+52.2%)
– Metro area: New Bern, NC

#38. Mount Pleasant

– Typical home value: $353,552
– 1-year price change: +$19,340 (+5.8%)
– 5-year price change: +$153,073 (+76.4%)
– Metro area: Charlotte-Concord-Gastonia, NC-SC

#37. Penrose

– Typical home value: $371,265
– 1-year price change: +$19,380 (+5.5%)
– 5-year price change: +$170,781 (+85.2%)
– Metro area: Brevard, NC

#36. New Bern

– Typical home value: $263,275
– 1-year price change: +$19,452 (+8.0%)
– 5-year price change: +$103,191 (+64.5%)
– Metro area: New Bern, NC

#35. Kitty Hawk

– Typical home value: $617,151
– 1-year price change: +$19,461 (+3.3%)
– 5-year price change: +$260,252 (+72.9%)
– Metro area: Kill Devil Hills, NC

#34. Graham

– Typical home value: $256,906
– 1-year price change: +$19,540 (+8.2%)
– 5-year price change: +$114,202 (+80.0%)
– Metro area: Burlington, NC

#33. Bath

– Typical home value: $366,967
– 1-year price change: +$20,266 (+5.8%)
– 5-year price change: +$128,843 (+54.1%)
– Metro area: Washington, NC

#32. Point Harbor

– Typical home value: $436,152
– 1-year price change: +$20,458 (+4.9%)
– 5-year price change: +$192,904 (+79.3%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

#31. Spruce Pine

– Typical home value: $242,736
– 1-year price change: +$20,515 (+9.2%)
– 5-year price change: +$106,097 (+77.6%)
– Metro area: not in a metro area

#30. Richlands

– Typical home value: $248,579
– 1-year price change: +$20,588 (+9.0%)
– 5-year price change: +$101,181 (+68.6%)
– Metro area: Jacksonville, NC

#29. Saint James

– Typical home value: $700,595
– 1-year price change: +$20,603 (+3.0%)
– 5-year price change: +$289,777 (+70.5%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

#28. Trent Woods

– Typical home value: $355,315
– 1-year price change: +$20,683 (+6.2%)
– 5-year price change: +$135,550 (+61.7%)
– Metro area: New Bern, NC

#27. Holly Ridge

– Typical home value: $328,676
– 1-year price change: +$20,767 (+6.7%)
– 5-year price change: +$140,629 (+74.8%)
– Metro area: Jacksonville, NC

#26. Aberdeen

– Typical home value: $316,601
– 1-year price change: +$20,844 (+7.0%)
– 5-year price change: +$131,799 (+71.3%)
– Metro area: Pinehurst-Southern Pines, NC

#25. Chapel Hill

– Typical home value: $602,220
– 1-year price change: +$20,866 (+3.6%)
– 5-year price change: +$218,318 (+56.9%)
– Metro area: Durham-Chapel Hill, NC

#24. Southern Pines

– Typical home value: $461,365
– 1-year price change: +$20,867 (+4.7%)
– 5-year price change: +$182,555 (+65.5%)
– Metro area: Pinehurst-Southern Pines, NC

#23. Denton

– Typical home value: $240,186
– 1-year price change: +$21,731 (+9.9%)
– 5-year price change: +$95,405 (+65.9%)
– Metro area: Winston-Salem, NC

#22. Brevard

– Typical home value: $431,581
– 1-year price change: +$21,863 (+5.3%)
– 5-year price change: +$187,481 (+76.8%)
– Metro area: Brevard, NC

#21. Horse Shoe

– Typical home value: $482,069
– 1-year price change: +$21,998 (+4.8%)
– 5-year price change: +$180,649 (+59.9%)
– Metro area: Asheville, NC

#20. Havelock

– Typical home value: $215,120
– 1-year price change: +$22,401 (+11.6%)
– 5-year price change: +$83,697 (+63.7%)
– Metro area: New Bern, NC

#19. Raeford

– Typical home value: $258,777
– 1-year price change: +$22,474 (+9.5%)
– 5-year price change: +$98,453 (+61.4%)
– Metro area: Fayetteville, NC

#18. Oriental

– Typical home value: $393,622
– 1-year price change: +$22,679 (+6.1%)
– 5-year price change: +$145,213 (+58.5%)
– Metro area: New Bern, NC

#17. Bogue

– Typical home value: $361,524
– 1-year price change: +$22,932 (+6.8%)
– 5-year price change: +$136,279 (+60.5%)
– Metro area: Morehead City, NC

#16. River Bend

– Typical home value: $266,868
– 1-year price change: +$23,244 (+9.5%)
– 5-year price change: +$107,337 (+67.3%)
– Metro area: New Bern, NC

#15. Cape Carteret

– Typical home value: $425,861
– 1-year price change: +$23,469 (+5.8%)
– 5-year price change: +$159,330 (+59.8%)
– Metro area: Morehead City, NC

#14. Macon

– Typical home value: $347,711
– 1-year price change: +$23,479 (+7.2%)
– 5-year price change: +$144,939 (+71.5%)
– Metro area: not in a metro area

#13. Wilmington

– Typical home value: $391,137
– 1-year price change: +$23,858 (+6.5%)
– 5-year price change: +$155,800 (+66.2%)
– Metro area: Wilmington, NC

#12. Carrboro

– Typical home value: $434,322
– 1-year price change: +$23,874 (+5.8%)
– 5-year price change: +$155,911 (+56.0%)
– Metro area: Durham-Chapel Hill, NC

#11. Morehead City

– Typical home value: $385,324
– 1-year price change: +$24,720 (+6.9%)
– 5-year price change: +$149,803 (+63.6%)
– Metro area: Morehead City, NC

#10. Castle Hayne

– Typical home value: $325,978
– 1-year price change: +$25,088 (+8.3%)
– 5-year price change: +$133,491 (+69.4%)
– Metro area: Wilmington, NC

#9. Moncure

– Typical home value: $401,971
– 1-year price change: +$25,141 (+6.7%)
– 5-year price change: +$163,373 (+68.5%)
– Metro area: Durham-Chapel Hill, NC

#8. Lake Toxaway

– Typical home value: $683,049
– 1-year price change: +$26,214 (+4.0%)
– 5-year price change: +$291,403 (+74.4%)
– Metro area: Brevard, NC

#7. Cedar Point

– Typical home value: $466,251
– 1-year price change: +$26,237 (+6.0%)
– 5-year price change: +$174,645 (+59.9%)
– Metro area: Morehead City, NC

#6. Bent Creek

– Typical home value: $489,793
– 1-year price change: +$26,425 (+5.7%)
– 5-year price change: +$182,702 (+59.5%)
– Metro area: Asheville, NC

#5. Fairview

– Typical home value: $511,526
– 1-year price change: +$27,739 (+5.7%)
– 5-year price change: +$191,822 (+60.0%)
– Metro area: Asheville, NC

#4. Southern Shores

– Typical home value: $785,129
– 1-year price change: +$28,051 (+3.7%)
– 5-year price change: +$335,089 (+74.5%)
– Metro area: Kill Devil Hills, NC

#3. Emerald Isle

– Typical home value: $712,675
– 1-year price change: +$28,075 (+4.1%)
– 5-year price change: +$301,958 (+73.5%)
– Metro area: Morehead City, NC

#2. Swansboro

– Typical home value: $332,203
– 1-year price change: +$30,142 (+10.0%)
– 5-year price change: +$136,930 (+70.1%)
– Metro area: Jacksonville, NC

#1. Biltmore Forest

– Typical home value: $1,504,403
– 1-year price change: +$46,738 (+3.2%)
– 5-year price change: +$561,807 (+59.6%)
– Metro area: Asheville, NC

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 50 states. The charts in this story were created automatically using Matplotlib

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