Market Overview
Home Prices in Oak City, NC
The median home value in Oak City, NC is $95,332 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.6% compared to a year ago and down 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oak City are priced77% below average.
Price History
Oak City Home Price Trend
2022
$88,595
$89K
—
2023
$91,976
$92K
+3.8%
2024
$95,941
$96K
+4.3%
2025
$91,159
$91K
-5.0%
2026
$95,332
$95K
+4.6%
City Comparison
Oak City vs. National Median
🏠 Oak City
$95,332
National Median
$410,000
At $95,332, homes in Oak City cost 77% below the national median of $410,000. This makes Oak City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oak City?
20% Down Payment
$19,066
on $95,332
Monthly P&I
$497/mo
30-yr @ 6.8%
Total Monthly Est.
~$631/mo
incl. taxes & insurance
Income Needed
$25,240
gross annual (30% rule)
10% Down Option
$9,533
+ PMI applies
Loan Amount (20% dn)
$76,266
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Oak City, NC?
The median home value in Oak City is $95,332 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.6% year-over-year.
How much have home prices changed in Oak City?
Over the past year, home values in Oak City have increased by 4.6%.
How much do I need to earn to buy a home in Oak City?
To comfortably afford the median home price of $95,332 with a 20% down payment ($19,066) at today's rates (6.8%), you'd need a gross annual income of approximately $25,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Oak City compare to the national average home price?
The national median home value is approximately $410,000. At $95,332, homes in Oak City are 77% below the national average.