Rocky Point, NC

Rocky Point is a small town located on the Outer Banks of North Carolina. The town has a population of just over 1,000 people and is known for its beautiful beaches and waterfront. The town was founded in the early 1800s and was originally known as "Point Lookout". In 1892, Rocky Point became an incorporated municipality. Today, Rocky Point is a popular tourist destination due to its beautiful beaches and waterfront.

Real estate in Rocky Point is primarily focused on beachfront property. There are a few neighborhoods in the town that offer other types of real estate, but these are generally considered to be less desirable than beachfront properties. The average price for a residential property in Rocky Point is around $225,000. Commercial properties are also available in the town, but they tend to be much more expensive than residential properties. The average price for commercial property in Rocky Point is around $1 million.

The primary reason why real estate prices are so high in Rocky Point is because there are very few homes available for sale compared to other towns on the Outer Banks. This means that buyers have plenty of choice when it comes to where they want to live and buy a home. Additionally, many people who live in Rocky Point own vacation homes which gives them an additional incentive to buy property there because they can use their home as their primary residence during the summer months and then rent it out during the rest of the year.