27972 — Dare County, North Carolina Market Snapshot
Housing market data for zip code 27972 in Dare County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$592,000
Days to Sell
77
Homes Sold
12
Inventory
26
Sale-to-List
94.6%
New Listings
19
Price/SqFt
$303
Pending Sales
14
Conforming Loan Available
Most homebuyers in 27972 can comfortably use conventional financing. The median home price of $592,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 77 days on average, 27972 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 27972 sells for 5.4% below asking price (94.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 27972 can comfortably use conventional financing. The median home price of $592,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 27972 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 27972
To purchase the median home at $592,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,686.
Monthly Payment
$4,686
Income Required
$200,817
Principal & Interest
$3,648/mo
Down Payment (5%)
$29,600
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 27972.
Estimated Monthly Payment
$3,814
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