Market Intelligence · NC / Oak Island

Oak Island, NC 28465 Housing Market

The typical home value in Oak Island is $604,385, up 4.5% over the past year. Homes are currently listed at a median of $699,450 and spend 84 days on market before sale.

Updated September 2026Median value$604K

The median home value in Oak Island, NC 28465 is $604K as of September 2026, up 4.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 28465 range

$556K to $653K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.5% over 12 months

Sep 2025$579K

Low $579KHigh $604K

Sep 2026$604K

The numbers

What is the 28465 housing market like?

As of September 2026

Typical home value

$604K

4.5%YoY

Median list price

$699K

4.1%MoM

Days on market

2.3%MoM

Homes for sale

232

1.3%MoM

Price cuts

21.2%

17.8%MoM

New listings

3.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

28465 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 28465 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 28465 rose 4.5%, per the Zillow Home Value Index.

Will home prices drop in 28465?

Zillow's forecast does not call for a drop: it expects typical home values in 28465 to rise 1.3% by September 2027, after a 4.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 28465 home prices compare?

28465$604,385
Oak Island$604,385
North Carolina$284,347
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Oak Island: 1 ZIP; North Carolina: 718 ZIPs; United States: 26,262 ZIPs).

Context

Oak Island has 232 homes for sale as of September 2026, with 58 new listings entering the market recently. Homes are taking 84 days to sell on average, which suggests moderate buyer interest. About 21.2% of all listings have received price cuts, indicating some negotiation from asking price. For a seller, the steady year-over-year value growth is encouraging, though the length of market time and prevalence of price reductions suggest patience and realistic pricing will matter.

Monthly payment

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Home price

Down payment20% · $120,877

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Common questions

What people ask us.

What is the typical home value in Oak Island, NC 28465?

The typical home value is $604,385, which has increased 4.5% over the past year.

How many homes are currently for sale in 28465?

There are 232 homes listed for sale as of September 2026, with 58 new listings added recently.

How long do homes typically stay on market in Oak Island?

Homes spend a median of 84 days on market before selling.

Discover

Nearby ZIP markets.

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