45 homes closed in Oak Island in October, about the same as October 2025 (46). The middle sale price was $735,000, 26.1% higher than a year earlier ($583,000). A typical sale took 40 days to go under contract (65 a year ago), and sellers received about 95.9% of their first asking price.
Right now there are 229 homes for sale in Oak Island and 39 under contract. At the pace of the last 12 months (573 sales, about 48 a month), that is roughly 4.8 months of supply — a balanced market by the usual yardstick, where under four months favors sellers and over six favors buyers. It is not a market where everything sells: 231 listings expired or were withdrawn over the same 12 months, about 29% of all that came off the market, which is why pricing to the record matters more than the asking price down the street.
Where the sales were: Tranquil Harbor (129 sold, $531,000 middle), Pinners Point (30 sold, $532,500 middle), Long Beach (24 sold, $775,000 middle), Yaupon Beach (22 sold, $687,500 middle), E. Long Beach (21 sold, $1,515,000 middle), The Lakes at Pine Forest (18 sold, $550,168 middle) led Oak Island over the last 12 months.
Of the 142 homes that closed in the last 90 days, the most were $500K–$750K (50); 25% sold for less than $500,000, and 27 sold for more than $1 million.
The full Oak Island market report has the 12-month detail, including how many listings failed to sell and why. Thinking about selling here? Pull your property's MLS record to see the closed, pending and failed listings around it, with a CMA built from the record.
