OBX Real Estate

Outer Banks foreclosures tend to be one of the fastest selling segments of the market.  We continue to see excellent chances to buy a home in the Outer Banks below its tax assessment.  Below you will find some highlights of the current market for Outer Banks foreclosures.

• Between Nags Head, Kill Devil Hills and Kitty Hawk you can find bank owned properties ranging in price from $99,900 to just under $1,500,000
• The average bank owned homes in the 3 towns of Kitty Hawk, Kill Devil Hills, and Nags Head is 68. 
• The current average price of a for sale bank owned home in those areas is between $360,000 - $365,000. 
• For someone looking to make a larger investment in foreclosures there are side by side, 8 bedroom Kill Devil Hills oceanfront homes available.