Call or Text (240) SELL-123

WANCHESE, NC 27981

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

Market Analysis

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

The WANCHESE, NC real estate market (27981) currently shows 4 active listings, with 1 pending sales. Homes are averaging 146 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 146 days on market compared to 326 days last year.

The median listing price has fallen 31.2% year-over-year, from $799,000 to $549,900.

Whether you are buying or selling in WANCHESE, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for WANCHESE, NC 27981 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
4
⇧ 300% vs 1 last year
Pending
1
25% pending ratio
Median Price
$549,900
⇩ 31.2% vs $799,000 last year
Average Price
$496,300
⇩ 37.9% vs $799,000 last year
Days on Market
146
⇩ 55.2% vs 326 days last year

Price Per Square Foot

Median $/sqft
$237
⇩ 27.3% vs $326/sqft last year
Median Home Size
1,848 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 1 last year
  • Days on market: 146 now vs 326 last year

Median & Average Pricing

Year over Year
  • Median: $549,900 (-31.2% YoY)
  • Average: $496,300 (-37.9% 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 — 267 listings ($269,128,980 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27981Wanchese, NC 279810.0 mi3$1,410,000$470,000$470,000
27954Manteo, NC 279544.4 mi39$22,458,969$516,950$575,871
27953Manns Harbor, NC 2795313.5 mi3$2,398,500$799,500$799,500
27978Stumpy Point, NC 2797815.1 mi2$1,068,900$534,450$534,450
27941Harbinger, NC 2794119.0 mi1$390,000$390,000$390,000
27966Powells Point, NC 2796622.1 mi4$1,208,000$302,000$302,000
27947Jarvisburg, NC 2794727.1 mi12$4,589,088$362,000$382,424
27824Engelhard, NC 2782429.8 mi3$855,000$285,000$285,000
27915Avon, NC 2791532.0 mi32$24,167,360$592,000$755,230
27965Poplar Branch, NC 2796533.6 mi4$2,105,200$499,000$526,300
27826Fairfield, NC 2782639.0 mi1$124,900$124,900$124,900
27927Corolla, NC 2792740.2 mi155$203,860,495$925,000$1,315,229
27920Buxton, NC 2792042.1 mi8$4,492,568$549,000$561,571

Frequently Asked Questions

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

As of February 2026, there are 4 active listings in WANCHESE, NC (zip code 27981), compared to 1 the prior year.

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

The median listing price in WANCHESE, NC 27981 is $549,900 as of February 2026, a 31.2% decrease from $799,000 the prior year.

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

Homes in WANCHESE, NC 27981 spend an average of 146 days on the market before going under contract, compared to 326 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 February 2026, WANCHESE, NC 27981 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 146 days on market compared to 326 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 $10,998 compared to a typical 5% commission on the median listing price of $549,900. 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.