$9,084 Closing Credit*
$765,000
1,700 SqFt
4 Beds
•4 Full Baths
#100480821, Listing Office: Keller Williams Innovate-OIB Island
Is Ocean Isle Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ocean Isle Beach has remained a Neutral Market.
Key Takeaway
Ocean Isle Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ocean Isle Beach, NC
How much do homes in Ocean Isle Beach, NC cost?
Median Sold Price
$580,833
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,833(+6.6%)
Key Takeaway
Homes in Ocean Isle Beach have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Ocean Isle Beach was $580,833 in November 2024, up 6.6% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $295K | -9.2% |
| 2 Bedrooms | $316.5K | $307.5K | -2.8% |
| 3 Bedrooms | $465K | $448.9K | -3.5% |
| 4 Bedrooms | $775K | $820K | +5.8% |
| 5+ Bedrooms | $1.2M | $1.3M | +15.8% |
Summary: Ocean Isle Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Ocean Isle Beach | $545K | $580.8K | +6.6% |
| Shallotte Township | $372.4K | $376.6K | +1.1% |
Housing Supply in Ocean Isle Beach, NC
How many homes are available in Ocean Isle Beach, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 219 | 219 | 0.0% |
Summary: The Ocean Isle Beach real estate market had 219 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 26 | 33 | +26.9% |
| 3 Bedrooms | 94 | 90 | -4.3% |
| 4 Bedrooms | 58 | 55 | -5.2% |
| 5+ Bedrooms | 37 | 37 | 0.0% |
Summary: The Ocean Isle Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocean Isle Beach, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Ocean Isle Beach in November 2024, up by 6.7% month-over-month. Of the 32 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.
Days on Market for Ocean Isle Beach, NC
How long does it take to sell a home in Ocean Isle Beach, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 76 Days | +67.5% |
Summary: Homes in Ocean Isle Beach had an average of 76 days on market in Nov 2024, up by 67.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ocean Isle Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 32 homes were sold in Ocean Isle Beach; 34% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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