Median real estate price in the Town Center of Oak Island is $319,217, which is more expensive than 90.7% of the neighborhoods in North Carolina and 74.0% of the neighborhoods in the U.S.
The average rental price in Oak Island Town Center is currently $1,443, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.8% of the neighborhoods in North Carolina.
Oak Island Town Center is a suburban neighborhood (based on population density) located in Oak Island, North Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the Town Center of Oak Island, NC is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Oak Island Town Center. The current real estate vacancy rate here is 60.9%. This is higher than the rate of vacancies in 99.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (44.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.