Oak Island, NC Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Oak Island, NC is $690,000, down 0.7% year-over-year. Homes sell in an average of 153 days with 252 active listings. The market is currently a buyer's market.
$690,000median sale price
Is Oak Island a buyer's or seller's market?
Oak Island, NC is currently a buyer's market, based on 7.6 months of supply and homes selling in about 153 days. How we determine this →
Homes sold
33
Last 12 weeks
Days on market
153
Average pace
Active listings
252
7.6 months supply
Sale-to-list
97.0%
Below asking
Oak Island, NC market data
| Metric | Value |
|---|---|
| Median sale price | $690,000 |
| Median list price | $769,999 |
| Year-over-year price change | -0.7% |
| Average days on market | 153 days |
| Active inventory | 252 listings |
| Months of supply | 7.6 months |
| Sale-to-list price ratio | 97.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Oak Island housing market is currently classified as a buyer's market with a median sale price of $690,000. Prices have fallen 0.7% compared to last year, with homes spending an average of 153 days on market, indicating 7.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Oak Island
There are currently 252 homes listed for sale in Oak Island, North Carolina. The median listing price is $770K.
Active listings
252
Homes on market
Median list price
$770K
Avg. days on market
153
Days until sale
New this week
69
Newly listed
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Frequently asked questions
What is the average home price in Oak Island?
The median home sale price in Oak Island is $690,000, down 0.7% from last year.
How long do homes stay on market in Oak Island?
Homes typically spend 153 days on market before going under contract.
Is Oak Island a buyer's or seller's market?
With 7.6 months of supply, Oak Island is currently a buyer's market.
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