Waves, NC Housing Market
The Waves housing market is somewhat competitive. The median sale price of a home in Waves was $735K last month, down 5.8% since last year.
Waves Housing Market Trends
In June 2025, Waves home prices were down 5.8% compared to last year, selling for a median price of $735K.
since last year

How much is your home worth? Track your home’s value and compare it to nearby sales.
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 12 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 138 days.
- Hot homescan sell for around list price and go pending in around 17 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 12 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 102 days.
- Hot homescan sell for about 2% below list price and go pending in around 72 days.
Waves Migration & Relocation Trends
- Across the nation, 0.85% 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.
- 69% of Waves homebuyers searched to stay within the Waves metropolitan area.
- Roanoke was the most popular destination among Waves homebuyers followed by Lynchburg and Harrisonburg.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 2,132 | ||
2 | 1,069 | ||
3 | 597 | ||
4 | 335 | ||
5 | 284 | ||
6 | 205 | ||
7 | 169 | ||
8 | 162 | ||
9 | 129 | ||
10 | 67 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 148 | ||
2 | 116 | ||
3 | 116 | ||
4 | 90 | ||
5 | 80 | ||
6 | 67 | ||
7 | 60 | ||
8 | 55 | ||
9 | 47 | ||
10 | 43 |
View houses in Waves that sold recently
Recently sold homes
- $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
- $1,000,0007 beds7.5 baths3,896 sq ft25244 Island Pnes Dr, Nags Head, NC 27959List Price—Sale to List—Days on Market—25244 Island Pnes Dr, Nags Head, NC 27959
- $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
- $620,000 Last Sold Price4 beds2.5 baths1,866 sq ft25253 Bold Dune Dr Lot 11, Waves, NC 27982List Price$669,000Sale to List7% under listDays on Market280 days25253 Bold Dune Dr Lot 11, Waves, NC 27982
- $3,100,0003 beds2.5 baths1,866 sq ft25253 Bold Dune Dr, Waves, NC 27982List Price—Sale to List—Days on Market—25253 Bold Dune Dr, Waves, NC 27982
- $780,000 Last Sold Price4 beds3.5 baths2,124 sq ft25201 Sea Isle Hills Ct Lot 2, Waves, NC 27982List Price$799,000Sale to List2% under listDays on Market47 days25201 Sea Isle Hills Ct Lot 2, Waves, NC 27982
- $780,0004 beds3.5 baths2,124 sq ft25201 Sea Isle Hls Ct, Waves, NC 27982List Price—Sale to List—Days on Market—25201 Sea Isle Hls Ct, Waves, NC 27982
- $600,0004 beds4.5 baths1,900 sq ft25241 Sea Isle Hls Dr, Nags Head, NC 27959List Price—Sale to List—Days on Market—25241 Sea Isle Hls Dr, Nags Head, NC 27959
See all recently sold homes in Waves.
See listings
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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