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Oak Harbor city, WA

ZIP 98277 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98277

Median Home Value
$455,300
Median Rent
$1,490
Affordability Snapshot
$125,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,925/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.7x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

25.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98277 in Oak Harbor city, WA, a household would need roughly $125,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,925. That is about 58% above the local median household income ($79,326), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.5%-9% vs US avg
x
Vacancy Rate
9.6%-7% vs US avg
x
Broadband Access
94.3%+8% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
0.9%-93% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
19.9%-60% vs US avg
x
Mortgage-Free
32.4%-15% vs US avg
x
$455,300
Home Value
$1,490
Rent
1989
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached63.2%
  • 1-unit attached4.8%
  • 2-9 units16.4%
  • 10+ units7.6%
  • Mobile home & other7.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$455,300
Median rent$1,490
Owner-occupied59.5%
Vacant9.6%
Price-to-income5.7x
Est. income to buy$125,000