27949 — Dare County, North Carolina Market Snapshot

Housing market data for zip code 27949 in Dare County, North Carolina. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

86 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$760,000

-3.5% YoYClosed sales

Days to Sell

91

Median, listing to close

Homes Sold

86

Closed in 2026

Inventory

127

Sale-to-List

96.9%

New Listings

110

Price/SqFt

$334

Pending Sales

127

Conforming Loan Available

The median home in 27949 at $760,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Market Insights

Market Temperature

With homes sitting for 91 days on average, 27949 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 27949 sells for 3.1% below asking price (96.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

The median home in 27949 at $760,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Loan limits in 27949 are set at the county level.

2026 Loan Limits — Dare County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$718,750
2 Units$1,066,250$920,150
3 Units$1,288,800$1,112,250
4 Units$1,601,750$1,382,250

Affordability Snapshot — Zip 27949

To purchase the median home at $760,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,973.

Monthly Payment

$5,973

Income Required

$255,981

Principal & Interest

$4,683/mo

Down Payment (5%)

$38,000

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 27949.

%
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Estimated Monthly Payment

$4,853

Principal & Interest$3,943
Property Tax$760
Insurance$150
Loan Amount$608,000
Total Interest$811,653
Income Required$208,006/yr

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