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Featured local agent — Manteo, NC
Sarah Mitchell
Compass Real Estate · Manteo, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manteo, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$380,000median sale price
How is the Manteo, NC housing market right now?
The median home sale price in Manteo, NC is $380,000, down 55.8% year-over-year. Homes sell in an average of 63 days with 32 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Manteo a buyer's or seller's market?
Manteo, NC is currently a buyer's market, based on 10.7 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
63
Average pace
Active listings
32
10.7 months supply
Sale-to-list
99.6%
Below asking
What does the Manteo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $380,000 |
| Median list price | $447,950 |
| Year-over-year price change | -55.8% |
| Average days on market | 63 days |
| Active inventory | 32 listings |
| Months of supply | 10.7 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $356/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 12.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Manteo by property type?
How the Manteo, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $327,500 | $325/sq ft | 2 | 55 days |
| Condo / Co-op | $670,000 | $472/sq ft | 1 | 300 days |
| Townhouse | $545,000 | $450/sq ft | 1 | 178 days |
Source: Redfin · Updated monthly
The Manteo housing market is currently classified as a buyer's market with a median sale price of $380,000. Prices have fallen 55.8% compared to last year, with homes spending an average of 63 days on market, indicating 10.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in Manteo
There are currently 32 homes listed for sale in Manteo, North Carolina. The median listing price is $448K.
Active listings
32
Homes on market
Median list price
$448K
Avg. days on market
63
Days until sale
New this week
4
Newly listed
Who lives in Manteo?
Population
1,853
Median income
$78,594/yr
Median age
40.5 years
Owner-occupied
61.5%
College grads
43.9%
Avg commute
23.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Manteo?
Zillow home value
$519,340
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Manteo?
Manteo is a community of approximately 2K residents with a median age of 40.5 years.The median household income is $78,594, which reflects a relatively affluent area with strong earning potential. 43.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.5%, showing a blend of owner and renter-occupied properties. The average commute time is 23.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Manteo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Manteo?
3 schools tracked · 1,574 students
The largest public schools serving Manteo, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Manteo Elementary School
Grades PK-5 · 648 students
Manteo High School
Grades 9-12 · 530 students
Manteo Middle School
Grades 6-8 · 396 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Manteo, NC?
Want a head-to-head view? Compare Manteo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Manteo?
The median home sale price in Manteo is $380,000, down 55.8% from last year.
How long do homes stay on market in Manteo?
Homes typically spend 63 days on market before going under contract.
What is the median income in Manteo?
The median household income is $78,594 per year.
Is Manteo a buyer's or seller's market?
With 10.7 months of supply, Manteo is currently a buyer's market.
What is the Zillow home value estimate for Manteo?
The Zillow Home Value Index (ZHVI) for Manteo is $519,340, representing the typical home value in the area.
What is the median condo price in Manteo?
The median condo/co-op sale price in Manteo, NC is $670,000, compared to $327,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Manteo?
The median single-family home price in Manteo, NC is $327,500 (about $325 per square foot).
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