The Oak Island housing market is very competitive. The median sale price of a home in Oak Island was $530K last month, up 17.8% since last year. The median sale price per square foot in Oak Island is $522, down 12.6% since last year.
What is the housing market like in Oak Island today?
In October 2024, Oak Island home prices were up 17.8% compared to last year, selling for a median price of $530K. On average, homes in Oak Island sell after 19 days on the market compared to 23 days last year. There were 9 homes sold in October this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
+17.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Oak Island, MA
$530,000
+17.8%
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 Revere add value to a home.
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How hot is the Oak Island housing market?
Oak Island is very competitive. Homes sell in 26 days.
0
100
70
Very 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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 26 days.
Hot homes
can sell for about 3% above list price and go pending in around 14 days.
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 - Major
90% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oak Island has a major risk of flooding. 470 properties in Oak Island are likely to be
severely affected
by flooding over the next 30 years. This represents 90% of all properties in Oak Island. Flood risk is increasing slower than the national average.
86% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Oak Island has a Major 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. 501 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 102 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 111 mph.