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Oak Island NC (Early Morning)Photo: Doug Anderson · CC BY 2.0
Housing in Oak Island

619 homes sold in Oak Island in the last year, at a typical $619K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oak Island homes are listed.

Homes sold
619
October 2025 to September 2026
Typical sale price
$619K
houses $662K · condos $394K (year to May 2026)
Price per square foot
$409
North Carolina $204
Paid vs. asking
96.7%
6% sold over asking
For sale now
299
September 2026 · 57 sold that month
What sold · last 12 months

5% of Oak Island’s sales are condos, at $267K less than a house

565 houses and 32 condos sold in the year to May 2026. Houses sell faster.

Houses$662K

typical sale · 565 sold in the year to May 2026

Per square foot
$423NC $207
Days to sell
79
Sold over asking
6%
Listings with a price cut
24%
Condos$394K

typical sale · 32 sold in the year to May 2026

Per square foot
$313NC $275
Days to sell
109
Sold over asking
3%
Listings with a price cut
18%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $848K
Townhouses: 11 sold, typical $307K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

619 sales in the last year, against 887 in 2021 and a low of 388 in 2012. The typical sale went from $226K in 2016 to $619K.

Homes soldTypical sale price
0225450675900$250K$400K$550K$700K2012: 388 sold, typical $161K’122013: 412 sold, typical $184K2014: 444 sold, typical $195K’142015: 492 sold, typical $202K2016: 540 sold, typical $226K’162017: 634 sold, typical $238K2018: 671 sold, typical $270K’182019: 630 sold, typical $294K2020: 867 sold, typical $337K’202021: 887 sold, typical $444K2022: 653 sold, typical $533K’222023: 598 sold, typical $557K2024: 519 sold, typical $636K’242025: 575 sold, typical $631KLast 12 months: 619 sold, typical $619KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $600K buys in Oak Island

Houseat $423 a sq ft, year to May 2026
Condoat $313 a sq ft, year to May 2026
The same money in North Carolinaat $207 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Oak Island homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Oak Island are rarer than before the pandemic, but 16% fewer homes come up for sale

We read every month of Oak Island’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 619 sales.

If you’re buying in Oak Island

  • Shop in August. It brings about 72 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
  • Offer under asking. Buyers paid 96.7% of the list price on average; 6% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 87 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

March has the most new listings (about 86 a month), but October is the most competitive: 17% of October sales close over asking. July and August offer nearly as much choice with fewer homes bid up (16%). January has the least competition (12%).

New listings a monthShare sold over asking
022.54567.5907%13%20%Sweet spotJan: 60 new listings a month, 12% sold over asking, 100 days to sellJFeb: 67 new listings a month, 15% sold over asking, 107 days to sellFMar: 86 new listings a month, 14% sold over asking, 102 days to sellMApr: 71 new listings a month, 16% sold over asking, 86 days to sellAMay: 79 new listings a month, 16% sold over asking, 86 days to sellMJun: 72 new listings a month, 15% sold over asking, 85 days to sellJJul: 70 new listings a month, 16% sold over asking, 93 days to sellJAug: 72 new listings a month, 13% sold over asking, 86 days to sellASep: 57 new listings a month, 13% sold over asking, 77 days to sellSOct: 58 new listings a month, 17% sold over asking, 83 days to sellONov: 51 new listings a month, 12% sold over asking, 89 days to sellNDec: 36 new listings a month, 13% sold over asking, 92 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than North Carolina

Oak Island now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price6%11%28%15%
Gone within two weeksShare of homes under contract within 14 days26%1%2%29%
Price paid vs. askingAverage sale price ÷ list price96.7%96.4%98.7%97.8%
Days to sellMedian days from listing to contract871116267
Supply

269 homes for sale on a typical day

That’s twice the 2023 low (133), 16% fewer than in 2017–19 and well under 2014’s 364.

2012: 321 for sale’122013: 327 for sale2014: 364 for sale2015: 346 for sale’152016: 342 for sale2017: 322 for sale2018: 312 for sale’182019: 327 for sale2020: 271 for sale2021: 224 for sale’212022: 158 for sale2023: 133 for sale2024: 193 for sale’242025: 250 for saleLast 12 months: 269 for saleNow
Prices by type

Since 2019, houses are up 117%, condos 68%

A house typically sold for $662K in the year to May 2026 (565 sales), a condo for $394K (32).

$275K$450K$625K$800K2013201520172019202120232025NowHouses 2013: $198K, 354 salesHouses 2014: $209K, 384 salesHouses 2015: $210K, 450 salesHouses 2016: $240K, 487 salesHouses 2017: $247K, 568 salesHouses 2018: $284K, 580 salesHouses 2019: $305K, 565 salesHouses 2020: $356K, 774 salesHouses 2021: $459K, 801 salesHouses 2022: $553K, 596 salesHouses 2023: $586K, 524 salesHouses 2024: $668K, 469 salesHouses 2025: $661K, 519 salesHouses last 12 months: $662K, 565 salesHouses $662KCondos 2013: $149K, 44 salesCondos 2014: $151K, 53 salesCondos 2015: $175K, 36 salesCondos 2016: $167K, 39 salesCondos 2017: $181K, 54 salesCondos 2018: $191K, 81 salesCondos 2019: $234K, 49 salesCondos 2020: $229K, 73 salesCondos 2021: $282K, 72 salesCondos 2022: $392K, 43 salesCondos 2023: $388K, 61 salesCondos 2024: $404K, 40 salesCondos 2025: $376K, 46 salesCondos last 12 months: $394K, 32 salesCondos $394K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across North Carolina

Oak Island ranks 214th of 225 busy North Carolina markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Oak Island is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Oak Island home costs about $3,586 a month

Mortgage
Property tax
Insurance
Rent

Price: Oak Island’s typical sale, last 12 months. Property tax at Oak Island’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oak Island is affordable on local pay is on Cost of living.

Before you buy in Oak Island

Six things worth knowing

86

New listings in March

The month with the most choice. December has the fewest, about 36.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $619K home, about $4,280 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Oak Island, from test results, graduation and how much students grow.

Schools in Oak Island
23 min

Typical commute

The average one-way trip to work for people who live in Oak Island.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

St. James, Boiling Spring Lakes and Southport sell for less a square foot; Holden Beach and Bald Head Island for far more

The busier markets within 25 miles of Oak Island, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Oak Island619$619K$4096%87
St. James225$705K$2665%101
Boiling Spring Lakes202$306K$21317%82
Southport157$596K$2828%93
Bald Head Island138$1.2M$6145%90
Holden Beach118$1M$5867%83
Caswell Beach26$688K$4890%100

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Oak Island, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oak Island. People who follow the town see it, and so do people comparing Oak Island with their own town. No commission, no listing fee.

Questions about buying a home in Oak Island

What do homes sell for in Oak Island, NC?

619 homes sold in the year to September 2026 at a typical $619K, $409 a square foot. Houses sold for about $662K, condos for about $394K in the year to May 2026.

Is Oak Island a buyer’s or seller’s market?

A balanced market: 299 homes were for sale in September 2026 and 57 sold, about 5.2 months of supply. Buyers paid 96.7% of asking on average.

When is the best time to buy in Oak Island?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Oak Island?

About 0.7% of a home’s value a year. On a $619K home that’s near $4,280.

Where can I see homes for sale in Oak Island?

Zillow, Redfin, Realtor.com and Homes.com all carry Oak Island’s MLS listings; the search links above open each one filtered to Oak Island.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).