The typical owner-occupied home in Ocean Isle Beach is worth about $835,500, 2.9 times the North Carolina median of $288,900 and 2.5 times the national median of $332,700. Owners pay a median $3,648 a year in property taxes, about 0.44% of their home's value, lower than the North Carolina rate of 0.66%. The median household earns $96,786 a year, so the median home costs 8.6 times the median income (4.0 times for North Carolina). 96% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Ocean Isle Beach at a glance
| Ocean Isle Beach | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $835,500 | $288,900 | $332,700 |
| Median property tax paid per year | $3,648 | $1,896 | $3,119 |
| Property tax as a share of value | 0.44% | 0.66% | 0.94% |
| Median household income | $96,786 | $72,388 | $80,734 |
| Homes lived in by their owners | 96% | 67% | 65% |
| Owner homes with a mortgage | 51% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $3,143 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 29.6% | 19.4% | 21.0% |
| Median rent | – | $1,228 | $1,413 |
| Median year homes were built | 1996 | 1991 | 1980 |
| Vacant homes | 84.8% | 12.5% | 10.1% |
| Population | 903 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Ocean Isle Beach
At this week's average 30-year rate of 7.11%, buying the median Ocean Isle Beach home of $835,500 with 20% down costs about $5,151 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,677, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $220,751 for the 20%-down payment. That payment is 64% of the median Ocean Isle Beach household income of $96,786; at that income and 20% down, the 28% guideline points to a home of about $366,000.
| Down payment | $167,100 |
|---|---|
| Loan amount | $668,400 |
| Principal and interest | $4,496 |
| Property taxes (0.44% a year) | $306 |
| Homeowners insurance (our estimate, 0.5% a year) | $348 |
| PMI | $0 |
| Total per month | $5,151 |
Change the numbers in the calculator
| Down payment | $29,242 |
|---|---|
| Loan amount | $820,367 |
| Principal and interest | $5,519 |
| Property taxes (0.44% a year) | $306 |
| Homeowners insurance (our estimate, 0.5% a year) | $348 |
| FHA mortgage insurance | $504 |
| Total per month | $6,677 |
Change the numbers in the calculator
Questions about home buying in Ocean Isle Beach
What is the median home value in Ocean Isle Beach?
About $835,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ocean Isle Beach?
Homeowners pay a median $3,648 a year, which is about 0.44% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Ocean Isle Beach?
For the median home with 20% down at 7.11%, the payment is about $5,151 a month. Keeping that under 28% of gross income takes about $220,751 a year.
More about Ocean Isle Beach
- Mortgage Refinance in Ocean Isle Beach
- Debt Relief in Ocean Isle Beach
- Home Equity Loans in Ocean Isle Beach
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data