Oak Harbor, WA Foreclosures
How much do homes sell for in Oak Harbor, WA?
The average home price is currently $556,233.
In Oak Harbor, WA, how many homes are available?
There are currently 46 active home listings available in Oak Harbor.
What’s the average rental cost in Oak Harbor, WA?
The average rental price in Oak Harbor is $1,539.
What is the most expensive home in Oak Harbor?
The most expensive home sold in Oak Harbor had a price of $10,347,940.
What is currently the cheapest priced home in Oak Harbor, WA?
The cheapest home for sale in Oak Harbor is priced at $12,858.
Living in Oak Harbor, WA
Oak Harbor, located on Whidbey Island in Washington State, offers a unique blend of waterfront living and small-town charm. The city is known for its vibrant community, abundant outdoor activities, and picturesque landscapes overlooking the Puget Sound. With a strong military presence due to the nearby Naval Air Station, Oak Harbor is a desirable location for families and individuals seeking a laid-back lifestyle in a scenic environment.
Current Market Conditions in Oak Harbor, WA
The Oak Harbor real estate market has shown a steady increase in property values over the past year, driven by demand for homes near the waterfront and the military base. Inventory levels have remained relatively low, contributing to a competitive buyers' market, where multiple offers on properties are common. The recent trend shows that single-family homes are highly sought after, with an increasing number of buyers willing to relocate for a better quality of life.
In the commercial real estate sector, there's been a noticeable uptick in interest in mixed-use developments, mainly due to the growing urban population. As more families move into the area, retail and service providers are responding by expanding their offerings, leading to a revitalization of the downtown area.
Home Value Estimator For Oak Harbor, WA
There are currently 14,621 real estate properties
in Oak Harbor, WA,
with a median automated valuation model (AVM) price
of $504,969.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oak Harbor, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Oak Harbor, WA,
is $556,233.00, with the most expensive house
in Oak Harbor, WA, topping out
at $10,347,940.00 and the cheapest home
in Oak Harbor, WA,
clocking in at $12,858.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oak Harbor, WA!
Rent Prices
In Oak Harbor, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oak Harbor, WA, is on
a rollercoaster ride. The
average rent price in Oak Harbor, WA,
is $1,539.00. Indeed, when looking to rent in
Oak Harbor, WA, you can expect to pay as little
as $790.00 or as much
as $3,100.00,
with the average rent median estimated to
be $1,500.00. The good news is that finding
an affordable and desirable property to rent in Oak Harbor, WA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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