REAL-TIME MARKET NUMBERS

Ocean Isle Beach, NC 28469

Single-Family Homes

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Ocean Isle Beach, NC 28469

Tue Mar 28 2023
This week the median list price for Ocean Isle Beach, NC 28469 is $599,937 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 62. Click here to stay informed with the Ocean Isle Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Ocean Isle Beach, NC 28469

Tue Mar 28 2023
This week the median list price for Ocean Isle Beach, NC 28469 is $599,937 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 62. Click here to stay informed with the Ocean Isle Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Ocean Isle Beach market.
Median List Price $599,937
Median Price of New Listings $775,000
Per Square Foot $269
Average Days on Market 74
Median Days on Market 49
Price Decreased 34%
Price Increased 19%
Relisted 5%
Inventory 62
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,249,900 2,424 4,500 - 6,500 sqft 5 4 19 3 0 63
$725,000 2,490 0.25 - 0.5 acre 3 4 19 3 2 35
$551,072 1,920 8,000 - 10,000 sqft 3 2 3 1 3 42
$330,282 1,522 6,500 - 8,000 sqft 3 2 1 1 0 84