Oak Harbor, WA housing market
Typical home value
$529K
▲ 1.4% 1 yr
Typical rent
$1,967/mo
▲ 4.5% 1 yr
Gross rent yield
4.5%
U.S. 6.3%
5-year home value change
+11%
U.S. +20%
Key takeaways
- 1The typical home in Oak Harbor is worth $529,335, up 1.4% over the past year and up 11% over five years.
- 2Typical rent is $1,967 a month (+4.5% YoY), a gross rent yield of 4.5% (above the Oak Harbor, WA metro's 4.0%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,909/mo, $942 more than typical rent.
- 4Zillow forecasts the Oak Harbor, WA metro's home values to change +0.4% over the next 12 months.
Market temperature (Oak Harbor, WA metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 29/100, #460 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Oak Harbor compares
| Measure | Oak Harbor | Oak Harbor, WA metro | United States |
|---|---|---|---|
| Typical home value | $529,335 | $634,214 | $366,157 |
| Home value, 1-yr change | +1.4% | +0.5% | +1.2% |
| Typical rent | $1,967 | $2,100 | $1,932 |
| Rent, 1-yr change | +4.5% | +4.8% | +2.7% |
| Gross rent yield | 4.5% | 4.0% | 6.3% |
| Price-to-rent ratio | 22.4 | 25.2 | 15.8 |
| Mortgage P&I, typical home | $2,909 | $3,485 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Oak Harbor rental, pre-filled.
Rent vs buy in Oak Harbor
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $529K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.