27943, Hatteras, NC

The 27943 zip code of Hatteras, NC is located on the Outer Banks of North Carolina. The area has a population of about 10,000 and an average household income of $60,000. Home prices in the zip code have increased by about 20% over the past year.

The main reason for this increase is that there are a lot of new home construction projects underway in the area. This has led to an increase in demand for homes and an increase in home equity values. Another factor contributing to the rise in home prices is that interest rates have remained low for a long time, which has made it more affordable for people to borrow money to buy homes.

There are some risks associated with buying a home in the 27943 zip code. One risk is that prices could fall if there are any unforeseen economic problems in the area. Another risk is that interest rates could go up, which would make it more expensive to borrow money to buy a home.