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Nags Head, NC

Full City Profile · North Carolina · Dare County County

3.6 /5.0
B+ Good
3,164 Population 478/sq mi density
$87,619 Median Income $56,595 per capita
$451,100 Home Value $704,645 Zillow
$1,005 Median Rent 28.1% income on rent
62°F Avg Temperature 310 sunny days/yr
607 Violent Crime/100K 3,611 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$87,619 median income, 1.1% unemployment
B+
Affordability
3.8 / 5.0
$451,100 home value, $1,005/mo rent
F
Safety
1.0 / 5.0
607 violent crimes/100K (60% above avg)
A+
Education
5.0 / 5.0
51.7% bachelor's degree or higher

Housing Overview

Median Home Value
$451,100
60% above
US avg: $281,900
Median Rent
$1,005/mo
14% below
US avg: $1,163/mo
Homeownership Rate
77.6%
19% above US avg (65.4%)
Total Housing Units
5,174
Median year built: 1986

Home Value by Source

Census Median
$451,100
Zillow (ZHVI)
$704,645
Median Sale Price
$741,500
Median List Price
$852,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.6%
Owner-Occupied
22.4%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,005/mo

Market Indicators (Redfin)

Median Days on Market
90 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
16.0%
of listings with price reduction
Price Per Sq Ft
$385
Active Inventory
75
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
77.6%

Complete Housing Data

Home Values

Census Median Value$451,100
Zillow Home Value (ZHVI)$704,645
Median Sale Price$741,500
Median List Price$852,000
Price Per Sq Ft$385

Rent

Census Median Rent$1,005
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market90
Sale-to-List Ratio1.0%
Price Drops16.0%
Homes Sold7
Active Inventory75
Price Per Sq Ft$385

Ownership & Stock

Owner-Occupied77.6%
Renter-Occupied22.4%
Homeownership Rate77.6%
Total Housing Units5,174
Median Year Built1986
Rent Burden28.1%