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Affordable
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These days, finding an affordable place to live in the Ocracoke area can be challenging. Home prices in Ocracoke are now at a median cost of $456,200, higher than the North Carolina average of $323,314.
The average cost of rent is $1,408/mo in Ocracoke, primarily driven by the current value of real estate in the Ocracoke area. In Ocracoke, 23.26% of households rent, and 32.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ocracoke is $6,465 per month. Households that rent pay about 21.78% of their income on rent here. Ocracoke’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hatteras, NC: higher priced homes
- Frisco, NC: equally priced homes
- Buxton, NC: equally priced homes
- Hobucken, NC: less expensive homes
- Whortonsville, NC: less expensive homes
- Pamlico, NC: less expensive homes
- Mesic, NC: less expensive homes
- Vandemere, NC: less expensive homes
- Merritt, NC: less expensive homes
- Oriental, NC: less expensive homes
Cities with Similar Populations
- Monmouth, IN: less expensive homes
- Lynco, WV: less expensive homes
- Lyons Point, LA: less expensive homes
- Macomb, MO: less expensive homes
- Maine, NY: less expensive homes
- Manlyville, TN: less expensive homes
- Mannboro, VA: less expensive homes
- Mantua Corners, OH: less expensive homes
- March ARB, CA: less expensive homes
- Marietta, NC: less expensive homes
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