Tuesday, 26 September 2017

A Quick Overview of the Top Real Estate Regions on the Outer Banks

Written by Posted On Wednesday, 21 December 2016 17:12
Outer Banks Outer Banks

The Outer Banks region encompasses a string of narrow peninsulas and small islands off the coast of North Carolina. The area is mostly known for its well-developed tourism industry, which revolves around several resort towns and villages. People who are looking to purchase some property in the area can look forward to owning a beautiful piece of land at comparatively affordable prices. With that in mind, let's go over some of the top residential areas in the region and see what the Outer Banks real estate market has to offer:

1. Corolla

As one of the most popular vacation spots on the Outer Banks, Corolla counts plenty of leisure and entertainment options among its distinctive features, alongside well-known attractions like the Currituck Beach Lighthouse and the Center for Wildlife Education. A vast array of homes can be found in Corolla, ranging from luxurious mansions to quaint beach cottages, with the median price of a house currently hovering around $592,000.

2. Kitty Hawk

Out of all the places that are peppered throughout the Outer Banks, Kitty Hawk is perhaps the one that most resembles a classic American neighborhood. Schools, restaurants and plenty of shops line its streets alongside top-notch tourist amenities and miles of trails and canals. Recommended for families and people with a strong community bond. Median price of homes currently listed is $368,000. 

3. Kill Devil Hills

As the most populous settlement on the Outer Banks, Kill Devil Hills has a distinctly cosmopolitan vibe, one that translates into an abundance of restaurants, shops and other amenities. Nature lovers will also find plenty to like at the nearby Albemarle Sound estuary, where opportunities for hiking and wildlife spotting abound. The potential for investment is high, with median home prices at just $299,900. 

4. Nags Head

Famous for its proximity to the sand dunes of Jockey's Ridge, Nags Head is one of the most alluring settlements on the Outer Banks. Its shoreline is immensely popular, boasting several beaches that are perfect for sunbathing, swimming and the practicing of a wide variety of water sports. Homes can be found here at prices averaging around $462,000. 

5. Southern Shores

Offering both the beach town delights typical of every Outer Banks settlement and the "woodsier" experience that one would from a city in New England or the Pacific Northwest, Southern Shores truly has something for everyone. The area is known for its serenity and quiet, making it a favorite among people who want to get away from it all. The average price of property in Southern Shores comes at $499,500. 

6. Duck

Another popular resort town, Duck boasts plenty of outdoor attractions, including an annual Jazz Festival and the popular Yoga on the Green program. The town also has 0,78-mile boardwalk where most of its commercial hotspots are located. The average price of a home in Duck is slightly more expensive at $649,900, but its price tag reflects the quality of life inherent in this gorgeous Outer Banks settlement. 

 

As you can see, there are many options to choose from when it comes to the Outer Banks region. All of the aforementioned areas have their specific charms, so be sure to consider your needs and desires before making your final call. And don't hesitate to consult with a local real estate specialist in order to gain a fuller perspective on the region as a whole.

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