Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 3,720, 1,817 total housing units (homes and apartments), and a median house value of $395,517, Emerald Isle house prices are not only among the most expensive in North Carolina, Emerald Isle real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Emerald Isle, accounting for 55.52% of the town's housing units. Other types of housing that are prevalent in Emerald Isle include mobile homes or trailers ( 16.68%), large apartment complexes or high rise apartments ( 11.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.41%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Emerald Isle. Owner-occupied housing accounts for 70.34% of Emerald Isle's homes, and 67.49% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Emerald Isle built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Emerald Isle built between 2000 and later ( 14.62%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.52%).
A decent proportion of the Emerald Isle housing stock is seasonally occupied. That is, homes and condos in Emerald Isle are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Emerald Isle housing market speaks to its popularity as a vacation location of choice.
Homes have actually lost value in Emerald Isle over the last then years, as home values have seen a decline of 20.77% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Emerald Isle home appreciation rates at -0.54%, which equates to an annual appreciation rate of -2.13%.
Over the last year, Emerald Isle appreciation rates have trailed the rest of the nation. In the last twelve months, Emerald Isle's appreciation rate has been 3.05%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Emerald Isle were at -0.54%, which equates to an annual appreciation rate of -2.13%.
Notably, Emerald Isle's appreciation rate in the latest quarter is one of the lowest in America.
Relative to North Carolina, our data show that Emerald Isle's latest annual appreciation rate is higher than 50% of the other cities and towns in North Carolina.
|$797,001 - $1,063,000||9.3|
|$531,001 - $797,000||16.6|
|$425,001 - $531,000||11.8|
|$319,001 - $425,000||26.5|
|$212,001 - $319,000||19.5|
|$106,001 - $212,000||5.4|
|$53,001 - $106,000||2.0|
|$0 - $53,000||5.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Emerald Isle HOMES|
|2000 or Newer||14.6|
|1970 - 1999||79.8|
|1940 - 1969||5.5|
|1939 or Older||0.1|
|TYPE OF Emerald Isle HOMES|
|Small Apt. Buildings||8.4|
|SIZE OF Emerald Isle HOMES|
|5 or more bedrooms||8.80|