Ocean Park, WA Home Values & Market Trends

Real estate market trends reflect that there have been 294 transactions over the past year in Ocean Park. The median value for residential home transactions that occurred over the previous year is $347,868.91. The number of current listings in Ocean Park is 6, and the percentage of properties for sale in the city is 6.00%. Ocean Park, WA currently has 5 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 6 properties for sale.

Ocean Park, WA Real Estate Market Overview

ZipMedian Est. Value
98640

$ 487,000

$ 346/sqft

Housing Market Summary for Ocean Park, WA

Apr 2023March 2024Change
Median Listing Price$369.3K$353.4K-4.30%
Median Sold Price$346.5K$353.4K1.99%
Homes For Sale65-16.67%
Homes Sold14217724.65%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Ocean Park, WA

Ocean Park home values range from $23,526 to $1,721,680. The median estimated value of a home in Ocean Park is $347,868.91. The median list price of a home is 302,450, and the total count of properties in the city is 5,625.

Foreclosure
There is 1 zips within Ocean Park, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $416,464 in 98640 to the lowest value of $145,000 in 98640. Foreclosure homes account for 0.00% of properties in Ocean Park, WA with 98640 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Ocean Park, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ocean Park, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Ocean Park, WA ranges from the highest value of $0 in 98640 to the lowest value of $0 in 98640. Bank owned homes and properties account for 0.02% of properties in Ocean Park, WA. There is 1 zips within Ocean Park, WA; 98640 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98640 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Ocean Park, WA. Auction homes and other auction properties account for 0.07% of all properties in Ocean Park, WA. There is 1 zips within Ocean Park, WA; of that zips, the median estimated home value for homes going to auction ranges from $416,464 in 98640 to the lowest value of $145,000 in 98640.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Ocean Park, WA with 98640 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Ocean Park, WA; homes for sale in that zips, have a range of median values from $599,000 in 98640 to the lowest value of $375,000 in 98640.
    Sold Homes
    The median value for recently sold homes ranges from $1,269,515 in 98640 to the lowest price of $23,526 in 98640. There is 1 zips within Ocean Park, WA. 98640 has 165 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.93% of properties in Ocean Park, WA.

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      Guide for Ocean Park, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Recently Listed Homes Ocean Park, WA

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