35Alpha

Oak Harbor, WA metro area Housing Market Brief

metro · WA · as of August 2026

Buyer's

What is Oak Harbor, WA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-3.249
Inventory Health25%
-8.937
Affordability20%
-1.95
Economic Strength20%
42
Rental Yield15%
+4.342

Where is Oak Harbor, WA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Oak Harbor, WA metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Oak Harbor, WA metro area?

Our model forecasts Oak Harbor, WA metro area’s home prices to rise about 2.4% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Oak Harbor, WA metro area housing market data

MetricValueYoY
Median Sale Price$715K▲ +7.5%
Median Days on Market51 days▲ +2%
Months of Supply4.5▲ +36.4%
Homes for Sale500▲ +19.6%
Homes Sold115-10.8%
Median Price / Sq Ft$377▲ +2.7%

How has Oak Harbor, WA metro area’s Alpha Score moved?

Now: 35
12-period trend
Median sale price · 12 mo

Markets like Oak Harbor, WA metro area

Frequently asked questions

Is Oak Harbor, WA metro area a buyer's or seller's market?

As of August 2026, Oak Harbor, WA metro area is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Oak Harbor, WA metro area?

The median sale price in Oak Harbor, WA metro area is $715K, having risen 7.5% over the past year.

How affordable is Oak Harbor, WA metro area?

Oak Harbor, WA metro area scores 5 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Oak Harbor, WA metro area's Alpha Score?

Oak Harbor, WA metro area's strongest dimension is Price Momentum (49/100) and its weakest is Affordability (5/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Oak Harbor, WA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.