Ocracoke, NC

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Ocracoke short-term rental market based on reliable data.

Listings

65 / 470

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$40,832

Middle-Earners Revenue

Occupancy

74%

Middle-Earners Occupancy

Home Value

$518,337

Median Home Sale Price

Top Earners

$61,200

Top-Earners Revenue

Ocracoke

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ocracoke.

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A

Very Investor friendly

Ocracoke Regulations

Short‑term rentals are explicitly allowed citywide, with no municipal permit, no caps, and only standard state/county taxes and basic health/safety rules. The tone is pro‑investment with minimal fees and an established vacation‑rental market.

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About Ocracoke

Ocracoke ( OH-kruh-kohk) is a census-designated place (CDP) and unincorporated town located at the southern end of Ocracoke Island, located entirely within Hyde County, North Carolina, United States. The population was 948 as of the 2010 census. In the 2020 census, the population had dropped to 797 people.No bridges connect Ocracoke Island to the mainland, though the main road across the island is part of North Carolina Highway 12, which uses a series of ferries to connect to Hatteras Island, to Cedar Island, and to the mainland at Swan Quarter. The economy of the island is driven by tourism and commercial fishing. A unique dialect of English, known colloquially as the Hoi Toider accent, is spoken in Ocracoke, though among younger residents it is being replaced by more standard dialects of General American. Ocracoke Island was the location of the pirate Blackbeard's death in November 1718. Though it saw no direct military action, Ocracoke was the site of a Confederate fort during the U.S. Civil War as well as several naval battles that occurred off the coast of the island during World War II; the remains of British sailors killed during these engagements occupy a small cemetery on the island.Being so far out in the Atlantic Ocean, Ocracoke Island is frequently in the path of tropical cyclones, notably Hurricane Dorian in 2019, which destroyed approximately 1,000 feet (300 m) of pavement along NC 12.

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