Oak Island, NC Real Estate
According to census data in the year 2000 there were 6,662 housing units in Oak Island.
Of those housing units, 6,481 were located in either urbanized areas or urban clusters, and 181 were located in what is classified as a rural area.
Homeownership rate in Oak Island is about 78.9%.
Oak Island's vacancy rate, including seasonal lodging, is about 53.8%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Oak Island were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 3.40% |
| Two Bedrooms | 30% |
| Three Bedrooms | 50.70% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $119,400 |
| Median Price asked for vacant units | $110,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $725 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 9% |
| Simple Mortgage | 50.80% |
| Debt Free | 36.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
