Oak Harbor, WA home prices
Typical home $634,214 · +0.5% in a year · income needed $175,100
The Oak Harbor, WA metro area ranks 38 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.5% in a year and +7.7% over five years. With 20% down at 7.11%, the typical home costs about $4,086 a month including 0.67% property tax (Island County rate).
Mortgage on the typical Oak Harbor home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $126,843 | $507,371 | $3,413 | $0 | $673 | $4,086 | $175,100 |
| 10% down | $63,421 | $570,793 | $3,840 | $238 | $673 | $4,751 | $203,600 |
| 5% down | $31,711 | $602,504 | $4,053 | $251 | $673 | $4,977 | $213,300 |
| 3.5% down (FHA) | $22,198 | $622,727 | $4,189 | $281 | $673 | $5,143 | $220,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.67% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Oak Harbor area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Island County, WA | $634,229 | +0.5% | 0.67% |
What can you afford in Washington on your salary? · Washington home prices · Salaries in Washington
Frequently asked questions
How much is a house in Oak Harbor?
The typical home in the Oak Harbor, WA metro area is worth $634,214 (Zillow, September 2026).
What salary do you need to buy a house in Oak Harbor?
About $175,100 a year for the typical home with 20% down at 7.11%.