REAL-TIME MARKET NUMBERS

Ocean Isle Beach, NC 28469

Single-Family Homes

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Ocean Isle Beach, NC 28469

Wed Jan 20 2021
This week the median list price for Ocean Isle Beach, NC 28469 is $503,750 with the market action index hovering around 39. This is less than last month's market action index of 42. Inventory has held steady at or around 64. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Ocean Isle Beach, NC 28469

Wed Jan 20 2021
This week the median list price for Ocean Isle Beach, NC 28469 is $503,750 with the market action index hovering around 39. This is less than last month's market action index of 42. Inventory has held steady at or around 64. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Ocean Isle Beach market.
Median List Price $503,750
Per Square Foot $207
Days on Market 130
Price Decreased 27%
Price Increased 8%
Relisted 0%
Inventory 64
Median Rent
Most Expensive $2,950,000
Least Expensive $179,000
Market Action 39
Slight Seller's Advantage

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$937,450 2,749 8,000 - 10,000 sqft 4 4 19 1 2 171
$641,950 2,612 0.25 - 0.5 acre 4 4 20 1 2 98
$426,000 1,961 6,500 - 8,000 sqft 3 2 13 2 4 188
$269,995 1,848 8,000 - 10,000 sqft 3 2 13 2 0 63