48 homes sold in Oak Island in August 2024 at a middle price of $697,500, about $444 a square foot. The middle home took 58 days to sell. Sellers received 95.1% of their first asking price on average, and 2 homes sold above it.
A year earlier, 46 homes sold at a middle price of $597,500 — sales are up 4.3% and the middle price is up 16.7%.
39 homes came on the market during the month. New construction was 29.2% of everything that sold.
As this report was written, 231 homes were for sale in Oak Island and 57 were under contract — about 4.8 months of supply at August 2024's pace of sales.
Busiest neighborhoods in August 2024
| Neighborhood | Town | Sold | Middle price |
|---|---|---|---|
| Tranquil Harbor | Oak Island | 9 | $484,000 |
| E. Long Beach | Oak Island | 5 | $840,000 |
| Long Beach | Oak Island | 5 | $800,000 |
| Pinners Point | Oak Island | 2 | $845,750 |
Every month on file for Oak Island
August 2024 elsewhere in southeastern NC
Questions, answered
How many homes sold in Oak Island in August 2024?
48 homes sold in Oak Island in August 2024 at a middle price of $697,500, about $444 a square foot. The middle home took 58 days to sell. Sellers received 95.1% of their first asking price on average, and 2 homes sold above it.
What is the median home price in Oak Island?
$697,500 for homes that sold in August 2024, about $444 per square foot.
Are home prices going up or down in Oak Island?
A year earlier, 46 homes sold at a middle price of $597,500 — sales are up 4.3% and the middle price is up 16.7%.
Which neighborhoods sold the most homes in Oak Island?
Tranquil Harbor (9), E. Long Beach (5), Long Beach (5), Pinners Point (2).
See what's for sale now
Computed from Hive MLS records of homes that closed in August 2024 in Oak Island. Middle = median; days on market counts every listing period for the home. Inventory figures are as of the day this report was written. Published figures are never restated — a later report may differ as late closings are recorded. Information deemed reliable but not guaranteed.