Ocracoke, North Carolina.
Typical home $549,276 (+3.6% in a year).
to buy the typical home at today's mortgage rate — +$1,412 (+96%) since Jan 2020.
- 1 year
- Up $19,255 +4%
- $530,020$549,276 since Sep 2025
- 5 years
- Up $109,379 +25%
- $439,897$549,276 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Ocracoke$2,883
- North Carolina$1,743
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Ocracoke, NC rose 3.6% over the past year — faster than the nation's +1.2%.
Living in Ocracoke, Hyde County, North Carolina
Ocracoke, in Hyde County, had 797 people in the 2020 census. Unemployment in Hyde County was 4.2% in August 2026, and the county had 3.6% fewer jobs in 2025 than the year before. The most people in Hyde County work in farming, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Ocracoke is a small island community on the Outer Banks, home to far fewer people than most towns that carry a name this widely known. Winters are cool rather than harsh, with snow a rare event, and summers are warm. Rain and melted snow come in generous amounts over the year, so the island is a wet place as well as a coastal one.
Work. Many residents work in farming, forestry and mining, in schools, hospitals and social care, in transport, warehouses and utilities, or in shops. Across Hyde County, the schools are the largest workplace, followed by Quality Equipment, a garden power equipment store. The county has seen fewer jobs than a year earlier, and unemployment has eased a little over the past year. Household incomes across the county are modest, while typical home values in town run high.
Things to do. For time outdoors and a look at local history, the nearest options are a longer drive away. Cedar Island National Wildlife Refuge and Swanquarter National Wildlife Refuge are protected areas, good for quiet walks and watching wildlife. The Graveyard of the Atlantic Museum is a museum that tells the story of shipwrecks off this coast, and it also sits a longer drive away.
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What people in Hyde County work in
Employed residents by industry, from the Census survey. Hyde County had 1,705 jobs in 2025, 3.6% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 52° and lows near 40°; warmest in July, with highs near 85° and lows near 74°. About 2 inches of snow and 58 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Ocracoke weather station, 2 miles away (NOAA).
Largest workplaces in Hyde County
- Hyde County SchoolsSchool district108FTE
- Quality EquipmentGarden power equipment stores20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 20 people in all across the county; Ocracoke has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HurricanesVery high
- Coastal floodingVery high
- Winter weatherVery high
- LightningRelatively high
- DroughtRelatively moderate
- WildfireRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Ocracoke’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hyde County.
Ocracoke home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Ocracoke$549,276
- North Carolina$332,159
- United States$366,157
Sellers are cutting prices on about 1 in 28 Ocracoke listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Ocracoke19
New listings per month
Sellers arriving at the market.
- Ocracoke3
Zip codes with a Ocracoke address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Ocracoke — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.