Home Values

Oak Harbor Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$238,600

  • 6.1% 1-year change
  • None 1-year forecast

The median home value in Oak Harbor is $238,600. Oak Harbor home values have gone up 6.1% over the past year. The median list price per square foot in Oak Harbor is $149, which is lower than the Oak Harbor Metro average of $165. The median price of homes currently listed in Oak Harbor is $250,000 while the median price of homes that sold is $201,685. The median rent price in Oak Harbor is $1,000, which is lower than the Oak Harbor Metro median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In Oak Harbor 9.9 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Oak Harbor is 4.2%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Oak Harbor homeowners underwater on their mortgage is 27.9%.

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Relative ZHVI
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Oak Harbor Market Overview

Data through Jan 31, 2015
  • $238,600 ZHVI
  • No data 1-yr forecast
  • $250,000 Median listing price
  • $201,685 Median sale price
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Oak Harbor Market Health

Data through Jan 31, 2015
  • 2.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 27.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

9.9 homes Oak Harbor
4 homes United States
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Nearby Cities

Name Median ZHVI
Nordland $390,300
Greenbank $340,900
Bow $329,200
Name Median ZHVI
Freeland $328,200
Camano Island $309,800
Coupeville $296,200
Name Median ZHVI
Anacortes $294,300
La Conner $244,400
Port Hadlock $198,700

Listings & Sales

Data through Jan 31, 2015
  • $149 Median list price / sq ft
  • $134 Median sale price / sq ft
  • No data Listings with price cut
29.2%
Sold below listing
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Oak Harbor Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,309 Oak Harbor
    $1,329 Oak Harbor Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,000 Rent list price
  • $0.85 Rent list price / sq ft
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