Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Oak Island area can be challenging. Home prices in Oak Island are now at a median cost of $100,874, lower than the Texas average of $235,268.
The average cost of rent is $1,006/mo in Oak Island, primarily driven by the current value of real estate in the Oak Island area. While nearly 83.89% of residents own their homes outright in Oak Island, 7.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Oak Island is $3,968 per month. Households that rent pay about 25.35% of their income on rent here. Oak Island's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Double Bayou, TX: less expensive homes
- Anahuac, TX: higher priced homes
- Smith Point, TX: less expensive homes
- Monroe City, TX: higher priced homes
- Beach City, TX: higher priced homes
- Gilchrist, TX: higher priced homes
- High Island, TX: less expensive homes
- Morgans Point, TX: higher priced homes
- Baytown, TX: higher priced homes
- Shoreacres, TX: higher priced homes
Cities with Similar Populations
- Plainfield Center, NY: higher priced homes
- Northfork, WV: less expensive homes
- Norway Center, SD: higher priced homes
- Oak Hill, TX: higher priced homes
- Oakley, VA: higher priced homes
- Oakville, OR: higher priced homes
- Paynes Creek, CA: higher priced homes
- Pemaquid, ME: higher priced homes
- Piedmont, TX: higher priced homes
- Piney Grove, AR: less expensive homes
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