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.
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