Market Intelligence Report — WA-020

Oak Harbor, WA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WA-09
As of the latest 2026 data
Cooling

Median Listing

$762K
+1.3% YoY

Pending Ratio

0.29
-2.0% YoY

Active Inventory

474
+12.7% YoY

Median DOM

71 Days
+12.7% YoY

Primary Intelligence Tool — Sold Score™

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Oak Harbor is experiencing a Cooling market condition, characterized by a pending ratio of 0.29, indicating demand absorption is moderate relative to supply. Active listings have expanded by 12.7% year-over-year, contributing to increased inventory levels.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Oak Harbor market right now.

Inventory levels are expanding, with active listings up 12.7% over the past year. Concurrently, new listing volume has contracted by 14.1% year-over-year. The pending ratio has declined by 2.0% year-over-year, reflecting a deceleration in transaction activity. Median days on market have extended to 71, an increase of 12.7% compared to the prior year.

Historical Analysis

Market Trends

Median Price

$762K+1.0% MoM

Active Inventory

474+12.7% YoY

Days on Market

71+12.7% YoY

Sold Score™

31-2.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.29, inventory pressure is reduced, allowing for a more deliberate pace in transactions. The extended median days on market and the decline in the pending ratio suggest that buyers may have increased opportunities for price discipline and negotiation, while sellers may need to adjust expectations regarding time on market.

Luxury Segment

The average listing price has declined by 8.1% year-over-year, while the median listing price has shown modest growth of 1.3%. This widening spread between average and median prices, coupled with a 2.7% year-over-year decline in median price per square foot, suggests some softening in the higher-priced tiers of the market.

Supply Dynamics

474 active listings represent the current floor, with new supply arriving at roughly 110 per month.

Pricing Pressure
21.4%

of active listings carry a price reduction, -1.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.7% year-over-year.

Absorption
0.29

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Oak Harbor, WA? Homes here are taking 8 days longer to sell than last year.

Buyers have leverage in Oak Harbor, WA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
29%
Median Days on Market
71 days
Inventory YoY
+13%

In a buyer's market, strategy beats timing. See how your home scores in Oak Harbor, WA and what moves the number.

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Metro Demographics

Metro Area
Oak Harbor, WA
CBSA Code
36020
State
WA

ZIPs in Oak Harbor, WA

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