Single-Family Homes
Sun Feb 09 2025
This week the median list price for Ocean Isle Beach, NC 28469 is $559,900 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has increased to 117.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
In a Buyer’s market, the relative stasis in inventory and sales conditions has allowed prices to drift lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.
Median List Price | $559,900 | |
Median Price of New Listings | $874,950 | |
Per Square Foot | $277 | |
Average Days on Market | 121 | |
Median Days on Market | 91 | |
Price Decreased | 31% | |
Price Increased | 2% | |
Relisted | 6% | |
Inventory | 117 | |
Median Rent | ||
Market Action | 29 | |
Slight Buyer's Advantage |
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,500,000 | 2,484 | 6,500 - 8,000 sqft | 5 | 4.5 | 18 | 3 | 1 | 105 |
$799,900 | 2,266 | 6,500 - 8,000 sqft | 3 | 3 | 21 | 3 | 0 | 112 |
$498,200 | 1,833 | 6,500 - 8,000 sqft | 3 | 2 | 1 | 1 | 2 | 91 |
$325,450 | 1,509 | 6,500 - 8,000 sqft | 3 | 2 | 2 | 1 | 1 | 56 |