Oak Island, NC Housing Market & Real Estate

Buyer's market-0.7% YoY

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?

Buyer's market7.6 months of supply153 avg. days on 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

Current housing market statistics for Oak Island, NC
MetricValue
Median sale price$690,000
Median list price$769,999
Year-over-year price change-0.7%
Average days on market153 days
Active inventory252 listings
Months of supply7.6 months
Sale-to-list price ratio97.0%
Market conditionBuyer'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

Price drops:14.3%of listings
Sale-to-list:97.0%

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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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