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Manteo Housing Market Report June 2025•Dare County, North Carolina

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Housing Prices in Manteo, NC

How much do homes in Manteo, NC cost?

Housing Market Conditions

Is Manteo, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Manteo is a Neutral Market

Difference Since June 2024

At the same time last year, Manteo was a Seller's Market.

Insight

Manteo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$575,000$360/SqFt
+$29,625
+5.4%

Based on all homes sold in the last 12 months

Insight

Homes in Manteo have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Manteo was $575,000 in June 2025, up 5.4% from last year, and the median price per square foot was $360.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Nags Head Township
+12.0%
Manteo
+5.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$350K$347.5K
-0.7%
2$479.7K$400K
-16.6%
3$522.4K$576.2K
+10.3%
4$650K$860K
+32.3%
5$1.3M$848K
-37.2%

Summary: Manteo housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -0.7%. The home price for 2 bedroom homes decreased by -16.6%. The home price for 3 bedroom homes increased by +10.3%. The home price for 4 bedroom homes increased by +32.3%. The home price for 5 bedroom homes decreased by -37.2%.

How does Manteo, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Manteo, NC

Housing supply in Manteo, NC

How many homes are available in Manteo, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
72Last MonthJun 2025
722 months agoMay 2025
0.0 %
Change MoMMay – Jun

Summary: The Manteo real estate market had 72 homes for sale in Jun 2025, the same as May 2025

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthJun 2025
92 months agoMay 2025
+33.3 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
133
0.0%
2811
+37.5%
34343
0.0%
41411
-21.4%
544
0.0%

Summary: Manteo housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +37.5%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -21.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Manteo, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price3 Homes

Under Asking Price9 Homes

Insight

If you're buying a home in Manteo, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Manteo in June 2025, up by 33.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.

Days on Market for Manteo, NC

How long does it take to sell a home in Manteo, NC?

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Many homes in Manteo are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 12 homes were sold in Manteo; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
33 DaysThis YearJun 2025
12 Days1 year agoJun 2024
+165.2 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Manteo had an average listing age of 33 days in Jun 2025, up by 165.2% compared to the previous year.

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Newest Listings in Manteo, NC

What homes are available in Manteo, NC?

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Nearby markets

Nearby markets aren't available for Manteo, NC

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MLS Disclaimers and Copyright

Based on information from Outer Banks MLS, for the period 07/01/2023 - 07/01/2025

Information is provided by Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/4/2025, 12:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.