Is Stumpy Point, NC 27978 a buyer’s or seller’s market?
Stumpy Point is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Stumpy Point housing market right now
In the three months ending August 31, 2026, 0% of homes in Stumpy Point, NC 27978 sold above their list price, the typical home went under contract in 115 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (121 days then) and the median sale price rose 21% to $599,740. Overall, Stumpy Point is about as competitive as it was a year ago.
Within Dare County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Manns Harbor 27953 (100% sold over asking) and Manteo 27954 (14% sold over asking) are even more competitive.
Run the numbers for 27978
Nearby markets
Avon 27915Buyer’s market $289 /sq ftBuxton 27920Buyer’s market $282 /sq ftFrisco 27936Buyer’s market $341 /sq ftHatteras 27943Buyer’s market $309 /sq ft Browse all markets →Where Stumpy Point is
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Questions about Stumpy Point real estate
Is Stumpy Point a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Stumpy Point, NC 27978 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Stumpy Point?
The typical home went under contract in 115 days in the latest three months.
Do homes in Stumpy Point sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Stumpy Point?
About 0.52% of a home’s value a year in Dare County, or roughly $2,080 on a $400,000 home.
What is the median home price in Stumpy Point?
The median sale price was $599,740 in the three months ending August 31, 2026, about $141 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology