Real Estate in Outer Banks
Hugh "Scooter" Willey

Avon Real Estate Analysis

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About Avon, North Carolina

Approximate Location Boundaries: This town is located south of Salvo and north of Buxton on Hatteras Island.

Zip Code: 27915

Location Characteristics: Avon, North Carolina is a very popular Outer Banks vacation destination with a lot of surprises to offer. First time visitors from urban areas will be amazed when they visit this unique town with so much serenity to offer. Avon has lots of vacation rental homes that are oceanfront as well as others that are back a few rows and most all have easy beach access.

This area was famous for being the location of Little Kinnakeet and Big Kinnakeet US lifesaving stations which were commissioned to assist in mariner rescues during our nation’s early history.

Although there are always plenty of things to see and do in Avon, the traditional main attraction remains the surf fishing on our local beaches.  Anglers can try for many different species throughout the year including red drum, striped bass (that’s rockfish to the locals), bluefish, speckled trout, flounder, Spanish mackerel, whiting (sea mullet), spot, croaker, black drum, various sharks and pompano just to name a few. It’s hard to beat a relaxing day in the sun waiting for your rod to bend and then having the pleasure of eating fresh fish for dinner that you just caught earlier that day. Nearby Hatteras Inlet also offers a "world class" destination for offshore trolling to catch tuna, marlin, wahoo, and mahi (dolphin). 

Real Estate Market Snapshot: The Avon real estate market has been a buyer’s market for the past several years. Along with the economic and housing crunch that all American’s are currently feeling, local businesses and citizens have been forced to take an active role in defending North Carolina’s previously free and open beaches. The beautiful beaches along Hatteras Island (which includes Avon) have always been the basis of the local economy until recently when the National Park Service (NPS) decided to begin beach closures in an attempt to expand their bird populations.

Currently, prices remain very reasonable. Since the sold prices for the Outer Banks real estate market has bottomed for many vacation rental properties, the return-on-investment ratios are the BEST that it’s going to get.  Properties are selling and financing is available to qualified buyers. As demand continues to grow and should the inventory of real estate properties continue to shrink, real estate prices will rise. As prices begin to rise, the return-on-investment will be decrease.

If you have been thinking about purchasing an Outer Banks home on Hatteras Island, whether for retirement, for relocation, as income producing vacation investment property or as a vacation getaway, things won’t get much better. Now is the time to come in and talk with “Your Full-time, Overtime, Anytime Realtors”. We will provide you all the crucial information you need to make the best decision.  Please contact us to request our FREE monthly OBX real estate newsletter and our quarterly update with request our FREE monthly OBX real estate newsletter and our quarterly update with OBX Real Estate Market Statistics. We will keep you posted on the most current OBX real estate developments so you can have an edge on others when searching for Outer Banks real estate.

Imagine finding your perfect Avon home… Start searching now!

Posted on February 21, 2013 at 4:24 pm by Hugh "Scooter" Willey