Market Overview
Home Prices in Ocean Park, WA
The median home value in Ocean Park, WA is $349,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ocean Park are priced15% below average.
Over the past five years, Ocean Park home values have risen by approximately19.5%, reflecting steady appreciation in this market.
Price History
Ocean Park Home Price Trend
2020
$231,550
$232K
—
2021
$292,859
$293K
+26.5%
2022
$358,300
$358K
+22.3%
2023
$350,726
$351K
-2.1%
2024
$351,791
$352K
+0.3%
2025
$352,993
$353K
+0.3%
2026
$349,866
$350K
-0.9%
City Comparison
Ocean Park vs. National Median
🏠 Ocean Park
$349,866
National Median
$410,000
At $349,866, homes in Ocean Park cost 15% below the national median of $410,000. This makes Ocean Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ocean Park?
20% Down Payment
$69,973
on $349,866
Monthly P&I
$1,825/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,318/mo
incl. taxes & insurance
Income Needed
$92,720
gross annual (30% rule)
10% Down Option
$34,987
+ PMI applies
Loan Amount (20% dn)
$279,893
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ocean Park, WA?
The median home value in Ocean Park is $349,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Ocean Park?
Over the past year, home values in Ocean Park have decreased by 0.9%. Over five years, prices have risen approximately 19.5%.
How much do I need to earn to buy a home in Ocean Park?
To comfortably afford the median home price of $349,866 with a 20% down payment ($69,973) at today's rates (6.8%), you'd need a gross annual income of approximately $92,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Ocean Park compare to the national average home price?
The national median home value is approximately $410,000. At $349,866, homes in Ocean Park are 15% below the national average.