Zip 98640 (Ocean Park, WA) Housing

The housing market in Ocean Park, WA (98640) is quite strong. The median value of homes in this area is $319,100, which is slightly lower than the national median value of $338,100. Despite this, the 1 year house appreciation rate for Ocean Park is 8.46%, which is slightly higher than the national rate of 8.27%. This suggests that the housing market in Ocean Park is a good investment opportunity and will continue to appreciate over time.

The median home cost in Ocean Park (zip 98640) is $319,100. Home appreciation the last 10 years has been 161.0%. Home Appreciation in Ocean Park (zip 98640) is up 13.7%.

Average Age of Homes

- The median age of Ocean Park (zip 98640) real estate is 34 years old

The Rental Market in Ocean Park (zip 98640)

- Renters make up 5.8% of the Ocean Park (zip 98640) population
- 0.6% of houses and apartments in Ocean Park (zip 98640), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ocean Park, Washington	United States
	4,965.0	139,647,020.0
	34	42
	$319,100	$338,100
	13.7%	16.6%
	65.1%	57.0%
	161.0%	101.1%
	$9.18	$10.98
	$2,117	$2,690
	43.7%	57.4%
	52.5%	11.2%
	3.8%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	49.5%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	2.2%	2.8%
	2.9%	3.9%
	2.7%	4.5%
	11.0%	11.3%
	23.0%	13.0%
	29.3%	20.1%
	11.8%	13.6%
	9.9%	8.3%
	3.8%	9.7%
	2.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	21.8%	13.6%
	18.2%	13.2%
	13.6%	14.8%
	21.8%	13.6%
	5.7%	10.0%
	2.8%	4.7%
	4.8%	12.2%

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