Kitty Hawk, North Carolina is known for its beautiful beaches and attractions, and it is no surprise that the housing market in this area is thriving. The median value of homes in Kitty Hawk is $576,300, which is significantly higher than the US median of $338,100. This reflects an impressive 1-year appreciation rate of 13.68%, compared to the US average appreciation rate of 8.27%. This indicates that real estate investments in Kitty Hawk are a sound decision and can provide good returns for homeowners. This could be attributed to its strong economy and desirability as a place to live or vacation. With the combination of affordability and investment potential, it's easy to see why housing in Kitty Hawk continues to gain popularity with both buyers and investors alike.
The median home cost in Kitty Hawk is $576,300. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Kitty Hawk is up 19.6%.
Average Age of Homes
- The median age of Kitty Hawk real estate is 27 years old
The Rental Market in Kitty Hawk
- Renters make up 13.5% of the Kitty Hawk population
- 12.7% of houses and apartments in Kitty Hawk, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.