Market Snapshot
- Median listing price
- $431K
- Median rent
- $1,550/mo
- Days on market
- 103 days
- Gross rental yield
- 4.32%
- STR vs LTR
- $2,529/mo STR · $1,550/mo LTR
The median listing price in Ocean Shores, WA ZIP 98569 is $430,500 as of August 2026.
The median market rent in Ocean Shores, WA ZIP 98569 is $1,550/month as of August 2026.
The median days on market in Ocean Shores, WA ZIP 98569 is 103 days as of August 2026. The market is currently cold.
At a median list price of $430,500 and a median rent of $1,550/month, the gross rental yield in Ocean Shores, WA ZIP 98569 is 4.32% as of August 2026.
In Ocean Shores, WA ZIP 98569, median Airbnb revenue is $2,529/month compared to median long-term rent of $1,550/month as of August 2026.
Ocean Shores, WA 98569 Real Estate Market Report
ZIP Code: 98569
Report Date: August 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Ocean Shores, WA are 6.75% compared to 5.99% when typical loans in this area originated in January 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary indicator of market value is the median sold price of 385,630, which represents the clearest signal of recent transaction activity and suggests softening value relative to local asking expectations.
- There is a meaningful gap between the median listing price of 430,500 and the median sold price, which may indicate pricing friction and down pressure on realized prices as sellers adjust to market conditions.
- Market liquidity is slow: the median days on market of 103 points to extended listing periods and suggests cold market dynamics with longer negotiation windows for buyers and sellers.
- Inventory conditions appear elevated relative to sales activity (sample-based), and combined with elevated interest rate pressure—current 30-year fixed mortgage rates at 6.75% versus 5.99% in January 2026—this environment may sustain downward price pressure and prolonged time-to-sale for SFR and condominium listings.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold below market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Below-market acquisition. Investor purchase with value-add potential through renovation.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.65% rate, 0.6% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 8/21/2026
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