Oak Island, TX is an affluent area with a median housing value of $353,400, which is slightly higher than the US house median value of $338,100. Furthermore, Oak Island has seen a 1 year house appreciation of 12.95%, which is significantly higher than the national average of 8.27%. This indicates that housing in Oak Island is in high demand and appreciating quickly. As such, Oak Island remains an attractive place to buy real estate.
The median home cost in Oak Island is $353,400. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Oak Island is up 15.9%.
Average Age of Homes
- The median age of Oak Island real estate is 11 years old
The Rental Market in Oak Island
- Renters make up 4.0% of the Oak Island population
- 0.0% of houses and apartments in Oak Island, 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.