REAL-TIME MARKET NUMBERS

Ocean Isle Beach, NC 28469

Single-Family Homes

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Ocean Isle Beach, NC 28469

Mon Jun 24 2024
This week the median list price for Ocean Isle Beach, NC 28469 is $627,450 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 126. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Ocean Isle Beach, NC 28469

Mon Jun 24 2024
This week the median list price for Ocean Isle Beach, NC 28469 is $627,450 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 126. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Ocean Isle Beach market.
Median List Price $627,450
Median Price of New Listings $629,900
Per Square Foot $271
Average Days on Market 89
Median Days on Market 70
Price Decreased 39%
Price Increased 8%
Relisted 3%
Inventory 126
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,229,900 2,401 4,500 - 6,500 sqft 5 4 18 1 2 70
$799,000 2,309 8,000 - 10,000 sqft 4 3 22 7 4 49
$520,287 1,947 8,000 - 10,000 sqft 3 2 1 5 0 91
$277,030 1,256 4,500 - 6,500 sqft 3 2 0 4 1 56