As of October 29, 2026, there are 42 homes under $500K for sale in Oak Island, NC, with a middle asking price of $439,000 (from $299,000 to $499,999). 3 came on the market in the last week. Another 14 are under contract.
In the 12 months through October 29, 2026, 152 sold at a middle price of $423,500, typically for 94% of the first asking price after about 59 days on the market.
The most choices right now are in Tranquil Harbor, Oak Island Bch Villa, Pinners Point.
Newest homes under $500K in Oak Island
Page 1 of 2 · 42 for sale · newest firstPrice mix
- Under $300K1
- $300K–$500K41
- $500K–$750K0
- $750K–$1M0
- $1M+0
Where they are
- Under $500K in Tranquil Harbor · Oak Island · 10 for sale · $430,000 middle
- Oak Island Bch Villa · Oak Island · 5 for sale · $467,500 middle
- Pinners Point · Oak Island · 5 for sale · $372,000 middle
- Ocean Walk · Oak Island · 4 for sale · $381,000 middle
- Tranquil Harbour Island · Oak Island · 2 for sale · $417,000 middle
Under $500K in nearby towns
Questions, answered
How many homes under $500K are for sale in Oak Island, NC?
As of October 29, 2026, there are 42 homes under $500K for sale in Oak Island, NC, with a middle asking price of $439,000 (from $299,000 to $499,999). 3 came on the market in the last week. Another 14 are under contract.
What do homes under $500K cost in Oak Island, NC?
As of October 29, 2026, the middle asking price is $439,000, about $352 per square foot for a typical 1,191 sq ft. Under $300K: 1; $300K–$500K: 41.
What did homes under $500K sell for in Oak Island, NC last year?
In the 12 months through October 29, 2026, 152 sold at a middle price of $423,500, typically for 94% of the first asking price after about 59 days on the market.
How fast do homes under $500K sell in Oak Island, NC?
In the 12 months through October 29, 2026 they typically sold in about 59 days, at 94% of the first asking price.
Which communities in Oak Island, NC have the most homes under $500K for sale?
As of October 29, 2026, Tranquil Harbor (10), Oak Island Bch Villa (5), Pinners Point (5), Ocean Walk (4), Tranquil Harbour Island (2).
How do I estimate a monthly payment on a home in Oak Island, NC?
A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.
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Figures are computed live from MLS listing data for Oak Island, NC, under $500k only. Middle = median. Listing data is deemed reliable but not guaranteed.