REAL-TIME MARKET NUMBERS

Ocean Isle Beach, NC 28469

Single-Family Homes

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Ocean Isle Beach, NC 28469

Thu Dec 01 2022
This week the median list price for Ocean Isle Beach, NC 28469 is $654,900 with the market action index hovering around 35. This is less than last month's market action index of 41. Inventory has increased to 55. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Ocean Isle Beach, NC 28469

Thu Dec 01 2022
This week the median list price for Ocean Isle Beach, NC 28469 is $654,900 with the market action index hovering around 35. This is less than last month's market action index of 41. Inventory has increased to 55. 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 off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Ocean Isle Beach market.
Median List Price $654,900
Median Price of New Listings $639,900
Per Square Foot $288
Average Days on Market 64
Median Days on Market 42
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 55
Median Rent
Market Action 35
Slight Seller'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.

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
$1,499,000 2,368 4,500 - 6,500 sqft 5 5 17 1 1 56
$910,450 2,198 0.25 - 0.5 acre 4 3.5 28 2 1 56
$597,095 2,229 8,000 - 10,000 sqft 3 3 3 2 0 21
$409,950 1,642 0.25 - 0.5 acre 3 2 14 2 1 42