April 2024

Oak City Housing Market Report Martin County, North Carolina

Report Updated 10 Days Ago

Housing Prices in Oak City, NC

How much do homes in Oak City, NC cost?

Median List Price

$85,000

$47/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$24,900(-22.7%)

Key Takeaway

The list price of homes in Oak City has decreased by 22.7% since last year.

Summary: The median home list price in Oak City was $85,000 in April 2024, down 22.7% from the previous year, and the median price per square foot was $47.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$109.9K	$109.9K	0.0%
3 Bedrooms	$113.5K	$80K	-29.5%
4 Bedrooms	-	$140K	N/A
5+ Bedrooms	-	-	N/A

Summary: Oak City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 29.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

CITY	Apr 2023	Apr 2024	CHANGE
Goose Nest Township	$115K	$97.4K	-15.3%
Oak City	$109.9K	$85K	-22.7%

Housing Supply in Oak City, NC

How many homes are available in Oak City, NC?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
4	5	+25.0%

Summary: The Oak City real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	2	2	0.0%
3 Bedrooms	2	3	+50.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Oak City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Oak City, NC

How long does it take to sell a home in Oak City, NC?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
77 Days	135 Days	+76.1%

Summary: Homes in Oak City had an average listing age of 135 days in Apr 2024, up by 76.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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Newest Listings in Oak City, NC

What homes are available in Oak City, NC?

See More Listings

3D Tour

$120,000

$1,425 Closing Credit

2,017 SqFt

208 N W Ave, Oak City NC, 27857

Listing Office:

Sarah Weir Group

#100443091

$185,000

$2,197 Closing Credit

1,800 SqFt

319 NC-11 Hwy, Oak City NC, 27857

Maggie Basnight

Listing Office:

Basnight Realty, LLC

Nearby Markets to Oak City, NC

MLS Disclaimers and Copyright

Based on information from Triangle MLS, and North Carolina Regional MLS for the period 05/01/2022 - 05/01/2024

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2024, 6:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.