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Foreclosure Homes in Manteo, NC 27954

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Manteo, NC Foreclosures

Current Market Conditions in in Manteo, NC As of February 2026?
Over the past month, Manteo's real estate market experienced a slight increase in sales volume alongside a modest rise in listing prices. This reflects growing interest, particularly in waterfront properties that capture the town's serene waterfront charm. New listings have come onto the market, offering options for buyers looking for homes in this desirable area. Average days on the market have remained consistent, indicating a healthy demand that’s encouraging sellers to price competitively yet attractively.
How much do homes sell for in Manteo, NC?
The average home price is currently $585,242.
In Manteo, NC, how many homes are available?
There are currently 5 active home listings available in Manteo.
What’s the average rental cost in Manteo, NC?
The average rental price in Manteo is $1,576.
What is the most expensive home in Manteo?
The most expensive home sold in Manteo had a price of $13,568,532.
What is currently the cheapest priced home in Manteo, NC?
The cheapest home for sale in Manteo is priced at $10,810.

Living in Manteo, NC

Manteo, NC is a picturesque coastal town on Roanoke Island known for its rich history, beautiful beaches, and vibrant community life. With its strong connection to the Lost Colony, Manteo blends historical charm with modern amenities. This quaint town offers a variety of recreational activities, making it a wonderful place to live and visit.

Buyer vs Seller Market in Manteo, NC

The real estate market in Manteo has shown consistent growth, with increasing demand for homes due to its appealing coastal lifestyle. The inventory remains competitive, and prices are gradually trending upward as more buyers look to relocate or invest in vacation properties.

Current trends indicate a balanced market with a healthy turnover of properties ranging from historic homes to new constructions. Buyers are particularly interested in waterfront options due to the town's scenic landscape.

Home Value Estimator For Manteo, NC

There are currently 4,112 real estate properties in Manteo, NC, with a median automated valuation model (AVM) price of $482,974.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manteo, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Manteo, NC, is $585,242.00, with the most expensive house in Manteo, NC, topping out at $13,568,532.00 and the cheapest home in Manteo, NC, clocking in at $10,810.00. In other words, there’s something for every potential homebuyer or savvy investor in Manteo, NC!

Rent Prices In Manteo, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manteo, NC, is on a rollercoaster ride. The average rent price in Manteo, NC, is $1,576.00. Indeed, when looking to rent in Manteo, NC, you can expect to pay as little as $570.00 or as much as $4,060.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Manteo, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Manteo, NC 27954 Foreclosures


Market Trend for Manteo, NC

Total Listings Available: 5

Market Values:

Home Prices from $10,810 to $13,568,532

Average Sales Price: $585,242

Rental Values:

Rental from $570 to $4,060

Average Rent Value: $1,576 / month

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