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Kill Devil Hills town, NC

ZIP 27948 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27948

Median Home Value
$398,100
Median Rent
$1,400
Affordability Snapshot
$110,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,557/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27948 in Kill Devil Hills town, NC, a household would need roughly $110,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,557. That is about 29% above the local median household income ($85,319), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 46% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.8%+17% vs US avg
x
Vacancy Rate
46.0%+346% vs US avg
x
Broadband Access
95.2%+9% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
1.2%-91% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
20.3%-59% vs US avg
x
Mortgage-Free
36.0%-6% vs US avg
x
$398,100
Home Value
$1,400
Rent
1986
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.6%
  • 1-unit attached0.7%
  • 2-9 units9.8%
  • 10+ units5.4%
  • Mobile home & other2.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$398,100
Median rent$1,400
Owner-occupied76.8%
Vacant46.0%
Price-to-income4.7x
Est. income to buy$110,000