27948, Kill Devil Hills, NC

The 27948 zip code of Kill Devil Hills, NC is located in the Outer Banks region of North Carolina. The area has a population of approximately 10,000 and a median household income of $79,000. The median home value in the zip code is $269,500.

Kill Devil Hills is a popular tourist destination due to its beautiful beaches and natural scenery. Home prices in the area have increased significantly over the past few years due to this popularity. In fact, according to Zillow, the average home value in Kill Devil Hills has increased by 57% since 2013. This rapid growth has led to some concerns about whether or not the market is sustainable. However, there are several factors that suggest that the market will continue to be strong for homeowners in the 27948 zip code.

First and foremost, Kill Devil Hills is an affluent area with a high demand for housing. In addition, many homeowners in this area have taken advantage of low interest rates over the past few years by refinancing their homes multiple times. This has helped them save money on their mortgage payments while also increasing their home equity values. Finally, Kill Devil Hills is located near several other popular tourist destinations such as Nags Head and Kitty Hawk which are also experiencing high demand for housing units. These factors suggest that there will continue to be strong demand for homes in the 27948 zip code even if interest rates rise back up to more normal levels later on down the line."