Market Overview
Home Prices in Hatteras, NC
The median home value in Hatteras, NC is $527,141 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hatteras are priced29% above average. Hatteras is part of the Kill Devil Hills, NC metro area.
Over the past five years, Hatteras home values have risen by approximately26.6%, reflecting strong long-term appreciation in this market.
Price History
Hatteras Home Price Trend
City Comparison
Hatteras vs. National Median
At $527,141, homes in Hatteras cost 29% above the national median of $410,000. Buyers in Hatteras should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hatteras?
20% Down Payment
$105,428
on $527,141
Monthly P&I
$2,749/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,491/mo
incl. taxes & insurance
Income Needed
$139,640
gross annual (30% rule)
10% Down Option
$52,714
+ PMI applies
Loan Amount (20% dn)
$421,713
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hatteras, NC?
The median home value in Hatteras is $527,141 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Hatteras?
Over the past year, home values in Hatteras have decreased by 2.3%. Over five years, prices have risen approximately 26.6%.
How much do I need to earn to buy a home in Hatteras?
To comfortably afford the median home price of $527,141 with a 20% down payment ($105,428) at today's rates (6.8%), you'd need a gross annual income of approximately $139,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Hatteras compare to the national average home price?
The national median home value is approximately $410,000. At $527,141, homes in Hatteras are 29% above the national average.
What metro area is Hatteras part of?
Hatteras is part of the Kill Devil Hills, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.