The story of this market
The typical home in ZIP 27962 sells for about $480,000, or $748 per square foot.
Prices are roughly flat from a year ago (+0.6%), a market in balance. Homes take about 178 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,408 a month.
ZIP 27962 — Plymouth
The Ocracoke housing market is characterized by low inventory and high price points driven by its status as a remote coastal destination. Market data is limited, with several metrics like months of supply and sale-to-list ratios not currently published for this specific ZIP code.
This ZIP is best suited for vacation-home buyers, retirees, and those seeking a remote coastal lifestyle, rather than traditional commuters or families seeking urban amenities.
Median prices moved up 0.6% year over year.
Homes spend a median of 178 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) · poverty 16.7% — a stable, low-distress profile.
ZCTA 27962
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Ocracoke School serves the community as a K-12 institution, generally recognized for its small-town environment.
The area is highly susceptible to coastal flooding, storm surges, and hurricane-force winds due to its barrier island location, which significantly impacts insurance availability and premiums.
The economy is heavily driven by seasonal tourism and the National Park Service, with limited industrial or corporate development due to the island's remote geography.
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 restricted to local travel or ferry access to the mainland, as there are no direct road connections to the employment core of the county.
The area is defined by the Cape Hatteras National Seashore, offering extensive beach access, water sports, fishing, and nature trails.
The rental market is heavily influenced by seasonal and short-term vacation demand, leading to limited long-term housing availability for residents.
The local economy is almost entirely dependent on tourism, hospitality, and services related to the National Park Service.
Transportation is limited to ferry services and local roads; there is no public transit infrastructure.
Development is strictly limited by the island's geography and its status within the National Park system.
Hyde County manages property assessments, which are subject to periodic revaluation cycles.
The area is served by Hyde County administrative and school districts.
Property insurance is difficult to obtain and expensive due to high-risk coastal hazard exposure.
Data aggregated from multiple sources including Census and Zillow.
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.
- The Herringbone Edenton4.419 mi
- The Port o’ Plymouth Museum4.54.2 mi
- Somerset Place State Historic Site4.819.8 mi
- Roanoke River Lighthouse4.818.9 mi
- Penelope Barker House Welcome Center4.719 mi
- Historic Edenton State Historic Site4.719.4 mi
- The Port o’ Plymouth Museum4.54.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major protected coastal area offering beaches and recreational activities.
A historic site and major tourist attraction.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.