What I Am Watching on Ono Island This Morning

32 active homes. 22 active lots. About 3.2 months of home supply. Two closings just landed, and my listing at 30532 Ono North Loop West remains a real way onto a new house.

When a buyer asks me what is happening on Ono Island, I start with the roads I drive and the closings that just cleared.

I have shown and sold exceptional homes for more than twenty-five years. Advising clients on building on Ono Island is one of my favorite parts of the job. This update is as of Wednesday, September 2, 2026.

This is not a glam island. People come for the boats, the quiet, and a house that can hold a Gulf Coast life. I watch the listings the same way.

What does the island look like this morning?

32 active single-family homes. 22 active lots.

Yesterday’s published Active set was 33 homes and 24 lots on the site (later verified at 22 lots). Today I am counting 32 homes and 22 lots. The community feed I am watching shows 63 listings, down from 65 yesterday. Pending homes stay out of the Active count, including 3950 Cutty Sark Cove on Bayou St. John.

The high end of the active market is still $4,700,000 at 32789 Sandpiper on Bayou St. John. The lowest active home is $579,900 at 4645 Bayou Court. The average active home is about $1,833,250.

Land runs from $174,900 on Bayou Court to $1,950,000 on Ole River. A Harbour Drive waterfront lot at $599,900 sits near the middle of that land set, with an average of about $621,486.

Against ten dated home closings from August 3 through September 1, 32 active homes is about 3.2 months of supply. Against the nine August calendar closings alone, the same inventory is about 3.6 months. Land absorption is incomplete: I do not have a verified closed land-sales list for the last 30 days.

NEW ACTIVITY AS OF TODAY: 3977 Hatteras Cove closed September 1 at $845,000 (list $899,000). Fortified Silver. Remodeled 2019. Pool and spa. Deeded Bayou St. John access. 4 bed. 2,271 sf. Built 1993. MLS 390393. It was Active; it is sold. 31661 Shoalwater Drive closed August 31 at $1,492,500 (list $1,685,000). It was Pending on Bayou St. John. 5 bed. About 2,680 sf. Built 1994. MLS 393190. Both are off the IDX now.

On the Ono North Loop West and new-construction set I watch every morning: no change. My listing at 30532 Ono North Loop West is still Active at $1,129,000. 30585 Ono North Loop remains Active Under Contract. 31201 River Road is still Active at $1,150,000. 30837 River Road is still Pending.

The one idea

Absorption tightened to about 3.2 months on the home side. Two closings just cleared. New construction is still scarce. 30532 Ono North Loop West is my listing, a Gold Fortified house going up now at $1,129,000. That is a real way onto new construction on this island.

High, low, and the middle of the market

I use a few houses to tell the story. The rest of the 32 sit between them. Search current homes here: Ono Island homes for sale.

Twenty-two lots, and one of them already has a dock

If you are building, start with how I walk vacant land. Then look at the wall. I recommend ICF. The lot is too dear for a light wall.

A brief look at the Harbour

Ono Harbour is still part of how people boat on this island. On the feed today: 30475 Harbour Drive is Active at $2,629,000 (MLS 397361). Land on Harbour includes $599,900 (MLS 394393), Lot 09 at $520,000 (MLS 406679), $495,000 (MLS 392476), $490,000 (MLS 392978), and $319,000 (MLS 387508). In August, 30525 Harbour Drive sold at $1,890,000.

If the homesite is Harbour, I walk it the same way I walk the rest of the island: water first, then the wall. ICF on Ono Harbour is the guide I send when that is the conversation.

What is spoken for right now

I am watching 6 under-contract homes and 3 under-contract lots on the feed. 3950 Cutty Sark Cove is on Ono Island — Bayou St. John, not Cotton Bayou. It is Pending at $4,700,000. Built 2021. 5 bed. 3,884 sf. MLS 399667. That is the high under-contract house.

Near the middle: 32221 Sandpiper Drive Pending at $1,760,000. 4 bed. 3,100 sf. 2014. Canal. MLS 395336. The low under-contract home: 28496 Perdido Pass Drive Pending at $779,000. 3 bed. 3,152 sf. 1998. MLS 398728.

Also spoken for: 30585 Ono North Loop Active Under Contract at $1,325,000. 5 bed. 3,232 sf. 2019. MLS 397259. 30837 River Road Pending at $1,059,000 — 2025 new construction. 32355 River Pending at $1,600,000.

Pending land: Ono Boulevard at $639,900 (MLS 364270), River Road at $495,000 (MLS 381700), and Pine Run at $150,000 (MLS 398025). Several homes are spoken for while Active inventory sits at 32. That is part of why absorption still matters on a Wednesday morning.

Ten closings, from $845,000 to $5,200,000

From August 3 through September 1 I am watching ten dated home closings. The average of those ten is about $2,150,250. Against today’s 32 active homes, that is about 3.2 months of supply.

“I pay attention to how a home feels, and to whether the water it sits on will still make sense ten years from now.”

The new-build path is still short

One house is under construction, and it is mine: 30532 Ono North Loop West. One finished 2026 house is still for sale. One 2025 house is pending. No new activity as of today on that watched set.

If you want the quiet, the glass, and an insurance file that belongs with a Gulf Coast house, I absolutely love ICF. I also watch FORTIFIED homes on this island. I know the builders. I am the introduction.

How do we begin?

Tell me the water you want. Ole River, Bayou St. John, a canal, Harbour, or a quiet interior street. I will match that to what is actually for sale, what is spoken for, and what I am watching before it hits a search.

This is The Ono Watch. I keep writing it as the island moves. For more Ono Island reading, start in the Ono Watch category or the Ono Island category.