Oak Island

Separated from mainland North Carolina by the Intracoastal Waterway, Oak Island is tucked under the southern tip of North Carolina. Oak Island has an atmosphere far more casual than a typical beach island and has attracted a different type of buyer. People desire the laid back atmosphere the Oak Island offers over the beaches and this has shown dramatically over the last four years. In 2019, there were only 6 houses sold over $750K and in 2022, there were 46. The slight decrease to 37 in 2023 is to be expected as the artificial and natural adjustments cause the market to slow and return steadily to more normal conditions.