The housing market in 27960 Ocracoke, NC is thriving. The median housing value is $506,900, which is 50% higher than the U.S. median of $338,100. In the last year, the U.S. housing market has seen an 8.27% appreciation rate; however, Ocracoke's appreciation rate was even higher at 13.68%. This indicates that this area of North Carolina has become increasingly attractive to buyers and investors in the real estate market.
The median home cost in Ocracoke (zip 27960) is $506,900. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Ocracoke (zip 27960) is up 19.6%.
Average Age of Homes
- The median age of Ocracoke (zip 27960) real estate is 35 years old
The Rental Market in Ocracoke (zip 27960)
- Renters make up 10.9% of the Ocracoke (zip 27960) population
- 26.5% of houses and apartments in Ocracoke (zip 27960), 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.