Ocean Park Housing Update: Values Edge Up as Inventory Builds Into Spring
Ocean Park, WA – March 21, 2026 – Home values ticked up over the past year as active listings and days on market point to a more buyer-friendly spring.
Top takeaways
- Typical home value: $335,882, up 1.2% year over year.
- About 74 homes were listed for sale at the end of February.
- Median list price: $405,817; market described as buyer-friendly.
- Recent sales show a mix of small cottages, lots and mid-range homes changing hands.
Ocean Park is heading into spring with slightly higher home values and a noticeable build-up in inventory. Zillow’s latest data shows a typical home value of $335,882, a 1.2% increase from a year earlier. As of February 28, there were 74 homes on the market and eight new listings added during the month.
Realtor.com characterizes the area as a buyer’s market as of January 2026, meaning supply is outpacing demand. Median days on market recently stood at 125, suggesting many listings are taking several months to secure a contract. The median list price at the end of February was $405,817.
Recent sales activity
Closed transactions in March reflect a broad range of price points. Recent Redfin records show:
- A two-bedroom home selling for about $340,000 after roughly a month on the market.
- A three-bedroom home closing near $245,000 after extended marketing time.
- Multiple vacant or land-only parcels trading between roughly $34,000 and $141,500.
Several properties sold slightly under list price, though select homes matched or exceeded asking, indicating buyers remain active when pricing aligns with condition and location.
What’s for sale
Current listings include manufactured homes, beach-area cottages and buildable lots. Realtor.com shows a median listing price of $272,500 across active listings, with land opportunities and smaller homes making up a meaningful share of inventory. Build-ready lots with utilities in place and proximity to beach access continue to appear in local searches.
With inventory elevated and days on market longer than many metro areas, buyers may have more negotiating room this spring, while sellers may need to price carefully and prepare homes to stand out.
Sources
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