Median price for residential apartments in Ocean Shores, WA as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
186 Ocean Shores, WA, USA apartments for sale
Ocean Shores
According to statistics, the population in Ocean Shores, WA amounts to 5,714, which shows decline 1% compared to the previous year. The median age of the city’s residents is 62. The average household income is $40,451, shifting growth 9% from the past year, and the average property value in Ocean Shores, WA growth 10% to $198,600 throughout the year.
| Population | 5,714 |
| Median Age | 62.1 |
| Poverty Rate | 11% |
| Household Income | $40,451 |
| Number Of Employees | 2,072 |
| Median Property Value | $198,600 |
Household Income
The average household income in Ocean Shores, WA grew from $36,950 to $40,451 in the past year. This data is an estimate based upon 2,806 households in Ocean Shores, WA . The chart below presents how household income is distributed in Ocean Shores, WA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Ocean Shores, WA shifted from $181,100 to $198,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Ocean Shores, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Ocean Shores, WA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ocean Shores, WA compared to median property taxes around the country. The prevalent amount of property taxes in Ocean Shores, WA equals $1750, which is less than the national average.
Housing Trends
How much does an apartment cost in Ocean Shores, WA, USA
Average apartment sale in Ocean Shores: $207,748 (-13.2%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $99,119 | -11.2% |
| 1-bed apartments | $185,675 | -17.4% |
| 2-bed apartments | $378,607 | -1.7% |
| 3-bed apartments | $421,608 | -13.8% |
| 4+ bed apartments | $596,666 | -14.1% |
During Nov 2022, the average price for an apartment in/near Ocean Shores, WA decreased by 13.2% to $207,748.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 17.4% to $185,675. Asking price for 2-bed apartment also decreased by 1.7% and a place of this size will now cost you $378,607. A 3-bed apartment goes for $421,608, it decreased by 13.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 14.1% and made it down to $596,666.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $408,765 | -15.8% |
| Condos for sale | $219,900 | -9% |
| Land for sale | $89,353 | -4.2% |
| Apartments for sale | $221,200 | N/A |
While assessing the property pricing Ocean Shores, WA, you can note that it remains flat with a price tag of $221,200. Price reports demonstrate that house price decreased by 15.8% this month making it up to $408,765. Condos faced an upward trend these days. The median price for a condo decreased by 9%, it’s now available for $219,900.