Waves, NC Housing Market
The Waves housing market is somewhat competitive. The median sale price of a home in Waves was $695K last month, down 1.4% since last year. The median sale price per square foot in Waves is $256, down 38.9% since last year.
Waves Housing Market Trends
In October 2025, Waves home prices were down 1.4% compared to last year, selling for a median price of $695K.
since last year
since last year

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How hot is the Waves housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 60 days.
- Hot homescan sell for about 3% above list price and go pending in around 40 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 119 days.
- Hot homescan sell for around list price and go pending in around 73 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 121 days.
- Hot homescan sell for about 3% below list price and go pending in around 82 days.
Waves Migration & Relocation Trends
- Across the nation, 0.78% of homebuyers searched to move into Waves from outside metros.
- Washington homebuyers searched to move into Waves more than any other metro followed by Richmond and New York.
- 68% of Waves homebuyers searched to stay within the Waves metropolitan area.
- Roanoke was the most popular destination among Waves homebuyers followed by Lynchburg and Charlottesville.
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '25 - Oct '25 | ||
| 1 | 1,968 | ||
| 2 | 920 | ||
| 3 | 548 | ||
| 4 | 268 | ||
| 5 | 172 | ||
| 6 | 139 | ||
| 7 | 137 | ||
| 8 | 98 | ||
| 9 | 55 | ||
| 10 | 52 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '25 - Oct '25 | ||
| 1 | 168 | ||
| 2 | 136 | ||
| 3 | 96 | ||
| 4 | 91 | ||
| 5 | 88 | ||
| 6 | 78 | ||
| 7 | 59 | ||
| 8 | 53 | ||
| 9 | 51 | ||
| 10 | 40 | ||
View houses in Waves that sold recently
Recently sold homes
- $545,000 Last Sold Price4 beds3 baths2,274 sq ft25045 Sea Vista Ct Lot 21, Waves, NC 27982List Price$575,000Sale to List5% under listDays on Market154 days25045 Sea Vista Ct Lot 21, Waves, NC 27982
- $1,150,000 Last Sold Price6 beds5.5 baths3,256 sq ft25267 Sea Isle Hills Dr Lot 4-2, Waves, NC 27982List Price$1,250,000Sale to List8% under listDays on Market234 days25267 Sea Isle Hills Dr Lot 4-2, Waves, NC 27982
- $695,0006 beds5.5 baths2,706 sq ft25222 Sea Isle Shores Ln, Nags Head, NC 27959List Price—Sale to List—Days on Market—25222 Sea Isle Shores Ln, Nags Head, NC 27959
- $695,000 Last Sold Price5 beds5.5 baths2,706 sq ft25222 Sea Isle Shores Ln Lot 11, Waves, NC 27982List Price$719,000Sale to List3% under listDays on Market252 days25222 Sea Isle Shores Ln Lot 11, Waves, NC 27982
- $1,233,0006 beds6 baths3,876 sq ft25245 Island Pines Dr, Nags Head, NC 27959List Price—Sale to List—Days on Market—25245 Island Pines Dr, Nags Head, NC 27959
- $1,233,000 Last Sold Price6 beds6 baths3,876 sq ft25245 Island Pines Dr Lot 6, Waves, NC 27982List Price$1,300,000Sale to List5% under listDays on Market87 days25245 Island Pines Dr Lot 6, Waves, NC 27982
- $690,000 Last Sold Price5 beds6 baths3,768 sq ft25200 Lela Ct Lot 6, Waves, NC 27982List Price$699,000Sale to List1% under listDays on Market200 days25200 Lela Ct Lot 6, Waves, NC 27982
- $1,000,000 Last Sold Price6 beds7.5 baths3,896 sq ft25244 Island Pines Dr Lot 8, Waves, NC 27982List Price$1,050,000Sale to List5% under listDays on Market57 days25244 Island Pines Dr Lot 8, Waves, NC 27982
See all recently sold homes in Waves.
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Schools in Waves
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Waves housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Waves.
Flood Factor - Severe
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Extreme
Wind Factor

Wind likelihood over time
Heat Factor - Severe
Heat Factor

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