Ocracoke, NC is a beautiful coastal town with a housing median value of $411,500, considerably higher than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, but in Ocracoke the 1 year house appreciation rate is 13.68%. This shows that Ocracoke has seen strong growth in its housing market over the last year and suggests that investing in property in this area could be a good opportunity to capitalize on continued growth and appreciation.
The median home cost in Ocracoke is $411,500. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Ocracoke is up 19.6%.
Average Age of Homes
- The median age of Ocracoke real estate is 35 years old
The Rental Market in Ocracoke
- Renters make up 10.9% of the Ocracoke population
- 26.5% of houses and apartments in Ocracoke, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.