37Alpha

Oak Harbor, WA metro area Housing Market Brief

metro · WA · score computed October 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 Momentum—No data
—
Inventory Health31%
●52

Population band 3 of 5 (population 58,778–112,360) · comparable within its band

Affordability25%
●5
Economic Strength25%
+7.572
Rental Yield19%
●7

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

EmergingGrowingMaturePeakingDecliningRecovering

Oak Harbor, WA metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

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

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Oak Harbor, WA metro area housing market data

MetricValueYoYSource
Median Sale Price$617K▼ -5.1%Redfin
Median Days on Market43 days▼ -4.4%Redfin
Months of Supply4.2▲ +44.8%Redfin
Homes for Sale440▲ +10.6%Redfin
Homes Sold106▼ -21.5%Redfin
Median Price / Sq Ft$374▼ -2.4%Redfin

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

Now: 37
2-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?

In the scores computed October 2026, Oak Harbor, WA metro area is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

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

The median sale price in Oak Harbor, WA metro area is $617K, having fallen 5.1% over the past year, according to Redfin.

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 Economic Strength (72/100) and its weakest is Affordability (5/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

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.