40Alpha

Oak Harbor, WA metro area Housing Market Brief

metro · as of May 2026

Balanced

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%
-21.052
Inventory Health25%
-9.846
Affordability20%
5
Economic Strength20%
No data
50
Rental Yield15%
47

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

EmergingGrowingMaturePeakingDecliningRecovering

Oak Harbor, WA metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Oak Harbor, WA metro area housing market data

MetricValueYoY
Median Sale Price$655K▲ +2.3%
Median Days on Market18 days▲ +38.5%
Months of Supply3.3-8.3%
Homes for Sale353-3.8%
Homes Sold106▲ +2.9%
Median Price / Sq Ft$359-4.7%
Sale-to-List Ratio99.2%▲ +0.5%

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

Now: 40
4-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 May 2026, Oak Harbor, WA metro area is classified as a Balanced Market, based on its Alpha Score of 40 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 $655K, having risen 2.3% 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 (52/100) 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.