Oak Harbor housing market
Typical home value
$634K
▲ 0.5% 1 yr
Typical rent
$2,100/mo
▲ 4.8% 1 yr
12-month forecast
+0.4%
#440 of 546 metros
Gross rent yield
4.0%
#513 of 546 · U.S. 6.3%
Days to pending
60 days
▲ +9 days 1 yr
Listings with a price cut
30%
▼ −1.4 pts 1 yr
Key takeaways
- 1The typical home is worth $634,214, up 0.5% in a year and up 8% over five years.
- 2Zillow forecasts home values rising 0.4% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,100/mo (+4.8% YoY), a 4.0% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $3,485/mo in principal and interest, $1,385 more than renting.
- 5Homes go under contract in 60 days (+9 days vs last year); 30% of listings have had a price cut.
Market temperature
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
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Oak Harbor compares
| Measure | Oak Harbor | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.5% | +1.2% | #405 |
| Home value, 5-yr change | +7.7% | +19.7% | |
| 12-month forecast | +0.4% | +1.1% | #440 |
| Rent, 1-yr change | +4.8% | +2.7% | #127 |
| Gross rent yield | 4.0% | 6.3% | #513 |
| Price-to-rent ratio | 25.2 | 15.8 | |
| Mortgage P&I on typical home | $3,485 | $2,012 | |
| Days to pending | 60 | 56 |
Cities in the Oak Harbor metro
1 cities with home value and rent data.
| Oak Harbor | $529K | ▲ 1.4% | $1,967 | ▲ 4.5% | 4.5% |
Run the numbers
Rental property calculator
Cash flow on a typical Oak Harbor rental ($634K, $2,100/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Oak Harbor home.
Rent vs buy
Is it cheaper to rent or buy in Oak Harbor?
Other Washington metros
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$720K home$2,250 rent3.7% yield
▼ 1.6% 1 yr
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$415K home$1,512 rent4.4% yield
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Kennewick, WA
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Olympia, WA
$521K home$2,043 rent4.7% yield
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Bremerton, WA
$579K home$2,052 rent4.3% yield
▲ 1.1% 1 yr
Yakima, WA
$348K home$1,362 rent4.7% yield
▲ 0.5% 1 yr
Bellingham, WA
$608K home$1,951 rent3.9% yield
▲ 0.3% 1 yr
Mount Vernon, WA
$576K home$2,185 rent4.5% yield
▲ 0.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.