Commercial Real Estate Market in Kill Devil Hills, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 511 off-market properties in Kill Devil Hills, NC.
Market Trends
Kill Devil Hills, NC spans 9.3 square miles in Dare County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kill Devil Hills, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Kill Devil Hills, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Kill Devil Hills, NC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Kill Devil Hills, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Kill Devil Hills, NC has 12,095 residents in 10,143 households. Density runs 1,307 people per square mile. Median household income here is $85,319 and median gross rent $1,539 a month.
12,095
Population
10,143
Households
1.2
Avg Household Size
46
Median Age
43%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
1,307
Density / Sq Mi
$85,319
Median Household Income
$41,433
Median Earnings
$1,539
Median Rent
$398,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kitty Hawk | — | — |
| Nags Head | — | — |
| Fort Raleigh City | — | — |
| Point Harbor | — | — |
Commercial property in Kill Devil Hills, NC asks $1,724/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kill Devil Hills?
Commercial property in Kill Devil Hills, NC asks an average of $1,724 per square foot. The 6 most recent recorded sales traded at a median of $153/SF, so asking sits 1024% above the achieved median.
Where does Realmo's Kill Devil Hills market data come from?
Realmo compiles Kill Devil Hills, NC figures from 7 recent recorded sales, 42 active sale listings, 511 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 42 active for-sale and 0 active for-lease listings in Kill Devil Hills, NC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
