Investor-grade market analytics for Oak Harbor, Washington. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$638,443
+0.5% year-over-year
4.0%
gross annual
+0.5%
base case (Zillow ZHVF)
+0.5% year-over-year
25/100
LowNet migration: Top 18% nationally
In-migrants avg $103,903 AGI vs out-migrants $75,629
Opportunity Zone Market
1 ZIP codes in Oak Harbor are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Oak Harbor, WA is in a stabilization phase with 0.5% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 7.23x well exceeds the national average of 4.8x. Modest net positive migration (+238 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 3.98% is below average, suggesting this market is more suited for appreciation-driven strategies.
12-month projection (Zillow ZHVF model)
Oak Harbor, WA's primary climate exposure is flooding (25/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.