REAL-TIME MARKET NUMBERS

Ocean Isle Beach, NC 28469

Single-Family Homes

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Ocean Isle Beach, NC 28469

Mon Jan 24 2022
This week the median list price for Ocean Isle Beach, NC 28469 is $545,000 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has increased to 19. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Ocean Isle Beach, NC 28469

Mon Jan 24 2022
This week the median list price for Ocean Isle Beach, NC 28469 is $545,000 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has increased to 19. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Ocean Isle Beach market.
Median List Price $545,000
Median Price of New Listings $392,900
Per Square Foot $245
Average Days on Market 62
Median Days on Market 70
Price Decreased 42%
Price Increased 5%
Relisted 5%
Inventory 19
Median Rent $2,125
Market Action 59
Strong Seller's Market

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
$935,000 2,852 0.5 - 1 acre 3 3 11 0 0 80
$750,000 2,840 0.25 - 0.5 acre 4 4 23 0 2 112
$454,900 2,134 8,000 - 10,000 sqft 3 2 14 2 0 14
$345,900 1,514 0.25 - 0.5 acre 3 2 4 2 1 7