The present housing market in Kill Devil Hills is down with high active listings and low sales volume. Home prices have increased 50.0% in the past month alone. With 44 active listings, inventory is 76% higher than seasonal norms. Homes are now taking an average of 273 days to sell, significantly longer than the 82 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Kill Devil Hills market with the affordability index at 386.1. Based on current market indicators, home prices in Kill Devil Hills are projected to increase by approximately 23.7% over the next month.