Oak Island Homes & Real Estate

Discover the newest Oak Island homes for sale below! There’s much to love about Oak Island, North Carolina. This coastal town is just a short drive from Wilmington, but provides some of the best access to local amenities. For those who wish to buy a home in an area with significant rental potential, this could be the ideal neighborhood to consider. The area does have a competitive real estate market, though can have limited options at some times of the year. To request up-to-date information about Oak Island, NC properties for sale or to arrange a private showing, contact your Brunswick County real estate experts today.

Homes For Sale in Oak Island, NC

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Oak Island Real Estate Market

The homes for sale in Oak Island range widely. Some are just condos and townhomes. Yet, larger homes and estates, including waterfront and properties with water views are available at most times. The area is more in demand than other areas further inland do to the tourism demand in the community.

As of April of 2019, the median home value of a home in Oak Island is $251,600. The area is one of the more aggressive real estate markets right now. From April of 2018 through April of 2019, home prices have risen over 9 percent, making it one of the more competitive areas. More so, experts expect that home values in the city will continue to rise due to limited new development and increasing demand. This could mean homes will be worth more in the coming year, creating an opportunity for home buyers to see their home’s value grow quickly after purchase.

In Oak Island, home buyers can expect to pay $222 per square foot of living space. That is significantly higher than the area’s average of $140. Yet, this is a high demand area for many reasons. Right now, it is taking about 120 days on the market for a home to sell, yet it is also the slower season for home sales. Many of the homes for sale in Oak Island are two-bedroom and two-bathroom homes, however, three, four, and even five bedroom properties exist. Smaller condos and townhomes also dot the landscape here. Overall, the area has a competitive real estate market with aggressive sellers but limited properties on the market.

New construction is an option here, though it is more limited on the island than it is in other areas of North Carolina. For many people, building a home here is a bit more expensive due to limited space.

Oak Island Community Amenities

As a smaller seaside town in Brunswick County, this area is an ideal place for those who wish to live on the beach. The city shares a portion of its land with Caswell Beach, but is a part of the Myrtle Beach Metro area. About 7,800 people live in this community, but it is also a popular tourism area, which means it can be crowded turn the summer months. As an island, the neighborhood and overall city are a bit more remote and out of the way, creating a sense of relaxation for those living here. The city offers a range of commercial and residential areas.

Oak Island Neighborhood Highlights

  • Oak Island Golf Club is located on the Island.
  • Many people living here enjoy the water and own boats, with a marina available along the Intracoastal Waterway.
  • Kayaking is a popular activity here.
  • The city hosts the Run Oak Island Marathon each year.
  • The Oak Island Recreation Center provides both indoor and outdoor facilities for exercise, sports, and activities for residents.

Oak Island School Information

Residents with school-sged children living in Oak Island, North Carolina are likely to attend Brunswick County City Schools. This includes schools such as Southport Elementary School. L & L Montessori School and Southport Christian School are also located nearby.

For residents who want to invest in a coastal town with lots to offer, Oak Island can be a highly desirable place to live in. The area has an aggressive real estate market with a moderate inventory. Yet, it is likely home prices will rise, making it an ideal place to invest for many.

Oak Island Real Estate Agents

Interested in buying or selling a home in Oak Island? Let our Brunswick County real estate professionals help you through the purchase of your next Oak Island property or expertly negotiate the sale of your current residence. As local real estate agents, we're experts on the dynamics unique to the Oak Island real estate market. We'll get to work for you today!

Contact CRG Companies to learn more about representation for buyers and sellers. Planning to sell your Oak Island house? Visit our Free Home Evaluation page, where you can learn more about the value of your Oak Island real estate!

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