Market Snapshot
- Median listing price
- $437K
- Median rent
- $1,500/mo
- Days on market
- 107 days
- Gross rental yield
- 4.12%
- STR vs LTR
- $2,770/mo STR · $1,500/mo LTR
The median listing price in Ocean Shores, WA ZIP 98569 is $437,000 as of September 2026.
The median market rent in Ocean Shores, WA ZIP 98569 is $1,500/month as of September 2026.
The median days on market in Ocean Shores, WA ZIP 98569 is 107 days as of September 2026. The market is currently cold.
At a median list price of $437,000 and a median rent of $1,500/month, the gross rental yield in Ocean Shores, WA ZIP 98569 is 4.12% as of September 2026.
In Ocean Shores, WA ZIP 98569, median Airbnb revenue is $2,770/month compared to median long-term rent of $1,500/month as of September 2026.
Ocean Shores, WA 98569 Real Estate Market Report
ZIP Code: 98569
Report Date: September 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 for properties in Ocean Shores, WA are approximately 7.2% compared to the 6.4% average observed earlier in 2026, indicating that property owners who secured loans earlier this year 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
- The primary market-value indicator, median sold price, is 384,516 — this represents the representative recent sale level and, given other signals, suggests realized values are under pressure with prices trending down.
- The median listing price is 437,000 while the median sold price is 384,516, indicating a persistent pricing gap that suggests seller expectations remain above recent transaction levels and may require concessions to close deals.
- The market shows slower sales velocity: the median days on market is 107, and with cold market conditions and elevated inventory relative to sales activity, liquidity appears constrained and transactions may take longer to negotiate (cold).
- Rental and financing context reinforce caution: median market rent is 1,500 with rent trends down, and interest rate pressure is elevated — current 30-year fixed mortgage rates are approximately 7.2% compared to 6.4% earlier in 2026, which may reduce buyer affordability and prolong time-to-sale.
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.
Sold below market average
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, 6.95% 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: 9/21/2026
Get personalized market intelligence
Analyze properties in Ocean Shores, WA with valuations, rental estimates, highest-and-best-use signals, and operating costs.