The housing market in 28465 Oak Island, NC is booming. According to the data provided, the median value of a house in this area is $525,700, which is much higher than the US median value of $338,100. Furthermore, in the past year the appreciation rate for homes in this area has been an impressive 18.56%, more than double the 8.27% appreciation rate seen nationally over the same time period. It’s clear that now is a great time to invest in real estate in this region and take advantage of these attractive prices and rates of appreciation.
The median home cost in Oak Island (zip 28465) is $525,700. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Oak Island (zip 28465) is up 24.7%.
Average Age of Homes
- The median age of Oak Island (zip 28465) real estate is 28 years old
The Rental Market in Oak Island (zip 28465)
- Renters make up 11.4% of the Oak Island (zip 28465) population
- 5.2% of houses and apartments in Oak Island (zip 28465), 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.