Market Snapshot
- Median listing price
- $430K
- Median rent
- $1,750/mo
- Days on market
- 92 days
- Gross rental yield
- 4.88%
- STR vs LTR
- $3,461/mo STR · $1,750/mo LTR
The median listing price in Ocean Shores, WA ZIP 98569 is $429,950 as of July 2026.
The median market rent in Ocean Shores, WA ZIP 98569 is $1,750/month as of July 2026.
The median days on market in Ocean Shores, WA ZIP 98569 is 92 days as of July 2026. The market is currently cold.
At a median list price of $429,950 and a median rent of $1,750/month, the gross rental yield in Ocean Shores, WA ZIP 98569 is 4.88% as of July 2026.
In Ocean Shores, WA ZIP 98569, median Airbnb revenue is $3,461/month compared to median long-term rent of $1,750/month as of July 2026.
Ocean Shores, WA 98569 Real Estate Market Report
ZIP Code: 98569
Report Date: July 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
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 averaging approximately 6.75%, which is higher than the 5.99% average observed earlier in 2026, indicating that property owners who secured loans during the first quarter are currently holding more favorable rates.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price $387,530 is the primary indicator of recent market value in Ocean Shores; with a median days on market 92, this suggests slower sales velocity and cold market conditions that may require price concessions or longer marketing periods to achieve closed transactions.
- median listing price $429,950 sits above the median sold price, which indicates a pricing gap between seller expectations and transaction outcomes; this gap may signal pricing friction and suggests sellers should consider aligning list strategy to recent sold comps to improve liquidity.
- median price per square foot $296 provides a useful unit benchmark for valuation comparisons across comparable SFR and condominium inventory, and when combined with slower market velocity, appears to favor buyers in price-sensitive negotiations rather than rapid offers.
- median market rent $1,750 and an observed rent year-over-year trend of up point to sustained rental demand, while interest rate pressure being elevated (current average ~6.75% vs. earlier 5.99%) may dampen purchaser affordability and keep investor purchase timing cautious.
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 at 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, 6.58% 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: 7/27/2026
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