Market Overview
Home Prices in Manteo, NC
The median home value in Manteo, NC is $519,340 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manteo are priced27% above average. Manteo is part of the Kill Devil Hills, NC metro area.
Over the past five years, Manteo home values have risen by approximately29.6%, reflecting strong long-term appreciation in this market.
Price History
Manteo Home Price Trend
City Comparison
Manteo vs. National Median
At $519,340, homes in Manteo cost 27% above the national median of $410,000. Buyers in Manteo should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Manteo?
20% Down Payment
$103,868
on $519,340
Monthly P&I
$2,709/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,440/mo
incl. taxes & insurance
Income Needed
$137,600
gross annual (30% rule)
10% Down Option
$51,934
+ PMI applies
Loan Amount (20% dn)
$415,472
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 Manteo, NC?
The median home value in Manteo is $519,340 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Manteo?
Over the past year, home values in Manteo have decreased by 0.7%. Over five years, prices have risen approximately 29.6%.
How much do I need to earn to buy a home in Manteo?
To comfortably afford the median home price of $519,340 with a 20% down payment ($103,868) at today's rates (6.8%), you'd need a gross annual income of approximately $137,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Manteo compare to the national average home price?
The national median home value is approximately $410,000. At $519,340, homes in Manteo are 27% above the national average.
What metro area is Manteo part of?
Manteo is part of the Kill Devil Hills, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.