Oak Island, NC
Housing market overview · Updated weekly
$690,000median sale price
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
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
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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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