The Oak Island housing market is somewhat competitive. The median sale price of a home in Oak Island was $660K last month, up 17.9% since last year. The median sale price per square foot in Oak Island is $375, up 0.5% since last year.
What is the housing market like in Oak Island today?
In October 2024, Oak Island home prices were up 17.9% compared to last year, selling for a median price of $660K. On average, homes in Oak Island sell after 80 days on the market compared to 37 days last year. There were 56 homes sold in October this year, up from 44 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$659,500
+17.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Oak Island, NC
$659,500
+17.9%
United States
To compare other locations to the Oak Island and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oak Island add value to a home.
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How hot is the Oak Island housing market?
Oak Island is somewhat competitive. Homes sell in 65 days.
0
100
40
Somewhat Competitive
Redfin Compete Score™
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 16 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oak Island housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oak Island.
Flood Factor - Minor
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oak Island has a minor risk of flooding. 1,264 properties in Oak Island are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Oak Island. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oak Island has a major risk of wildfire. There are 5,326 properties in Oak Island that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Oak Island.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Oak Island has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oak Island is most at risk from hurricanes. 5,328 properties in Oak Island have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 150 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 168 mph.