The story of this market
The typical home in ZIP 27949 sells for about $1,650,000, or $573 per square foot.
Homes take about 413 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,510 a month.
ZIP 27949 — Lewiston Woodville
The 27949 housing market is a high-value, low-volume resort market characterized by seasonal activity and a high concentration of vacation properties. Current data reflects a median home value significantly above national averages, with market activity heavily influenced by the seasonal nature of the Outer Banks. Many specific metrics such as days on market and inventory turnover are not consistently published at the ZIP level, reflecting the niche, luxury-oriented nature of the local real estate sector.
This ZIP is primarily suited for affluent vacation-home buyers and investors seeking high-end coastal properties, rather than traditional commuters or year-round family residents.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 413 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Crime rates in the area are generally low, consistent with the quiet, residential nature of the Outer Banks communities.
Schools serving the area are part of the Dare County Schools system, which generally maintains favorable ratings compared to state averages.
The area is a coastal barrier island environment subject to significant hurricane, storm surge, and wind risks, which heavily influence property insurance availability and premiums.
Development is primarily driven by high-end residential and vacation-rental infrastructure, with limited industrial or corporate expansion due to the geography's nature as a coastal resort destination.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate.
Commuting is primarily local or regional within the Outer Banks, with heavy seasonal traffic congestion along the primary north-south corridors like NC-12.
The area is defined by its extensive Atlantic Ocean beaches, sound-side access for water sports, and proximity to local parks and nature preserves.
The market is heavily dominated by seasonal short-term vacation rentals, leading to high vacancy rates during the off-season and significant investor presence.
The local economy is almost entirely dependent on tourism, hospitality, and seasonal retail services.
Transportation is limited to road access via NC-12; there is no significant public transit infrastructure.
Development is strictly regulated by coastal management policies and local zoning, focusing on maintaining the resort character of the area.
Dare County performs property assessments to determine fair market value for tax purposes.
Properties are subject to Dare County tax levies and specific municipal service districts for the towns of Duck, Southern Shores, and Kitty Hawk.
High-risk coastal zone requires specialized wind and flood insurance, which is a primary factor in the cost of homeownership.
The area experiences steady in-migration of retirees and second-home owners from the Mid-Atlantic region.
North Carolina is a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders.
Sellers are required to provide a Residential Property and Owners' Association Disclosure Statement.
Data sourced from US Census Bureau and IncomeByZipCode.com
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- H2OBX Waterpark4.64.7 mi
- Mutiny Bay Adventure Golf4.516.6 mi
- OB-Xscape Rooms4.92.6 mi
- Destination Fun4.210.2 mi
- Full Throttle Speedway4.216.5 mi
- The Jolly Roger Restaurant and Bar4.27.7 mi
- Outer Banks Brewing Station4.29.7 mi
- Elizabethan Gardens4.613.5 mi
- The Sea Ranch Resort4.17.9 mi
- Paradise Golf & Arcade4.16.4 mi
- Wright Brothers National Memorial4.89 mi
- H2OBX Waterpark4.64.7 mi
- Avalon Pier4.57.2 mi
- Wild Horse Adventure Tours4.912.3 mi
- Kitty Hawk Pier4.22.9 mi
- Wright Brothers National Memorial4.89 mi
- Currituck Beach Lighthouse4.717.7 mi
- Fort Raleigh National Historic Site4.613.6 mi
- The Lost Colony4.513.3 mi
- Roanoke Island Festival Park4.615.8 mi
- Wright Brothers National Memorial4.89 mi
- Duck Town Park Boardwalk4.82.5 mi
- Dowdy Park4.812.2 mi
- Nags Head Woods Preserve4.810.7 mi
- Sandy Run Park4.84.3 mi
- Coinjock Marina Restaurant4.618.8 mi
- Pirate's Cove Marina4.717.3 mi
- Manteo Waterfront Marina4.715.8 mi
- Pirate's Cove Realty4.517.3 mi
- Salt & Cypress Kitchen and Cocktails4.816.5 mi
- The Pointe Golf Club4.74 mi
- Sea Scape Golf Links4.23.8 mi
- The Carolina Club4.810.9 mi
- The Currituck Club4.112.2 mi
- Holly Ridge Golf Course3.64.2 mi
- Publix Super Market at First Flight Square4.68.3 mi
- Harris Teeter4.312.4 mi
- Harris Teeter4.510.9 mi
- Harris Teeter4.52.8 mi
- T.J. Maxx4.311.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive public and private beach access serving the entire ZIP.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.