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Southern Shores

Learn about the people, housing, costs and businesses in Southern Shores, North Carolina

Median Home$782,800
Median Rent$1,266/month
Population3,145
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare7% education
Home Value Growth+9.3% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners92% of occupied units
NotableHighly Educated38% bachelor's · 15% graduate · top 2% nationally
NotableHigh Incomes$149k/year · top 4% nationally
Southern Shores
NC

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Southern Shores?

As of today, the 30-year fixed mortgage rate for Southern Shores is approximately 6.800% (6.833% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Southern Shores?

The median home value in Southern Shores is $783k. The median monthly rent is $1,266. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Southern Shores?

Home values in Southern Shores have increased 9.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Southern Shores?

Based on a typical all-in ownership cost of $1,993/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $85k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Southern Shores is $149k/year.

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What industries drive the economy in Southern Shores?

The largest employment sectors in Southern Shores are public administration (22%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.