Is Oakville, WA 98568 a buyer’s or seller’s market?
Oakville is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Oakville housing market right now
In the three months ending August 31, 2026, 50% of homes in Oakville, WA 98568 sold above their list price, the typical home went under contract in 8 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (53 days then) and the median sale price rose 45% to $527,431. Overall, Oakville is more competitive than a year ago, so tougher for buyers.
Within Grays Harbor County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 90%.
Nearby, buyers who want less competition could look at Pacific Beach 98571 (0% sold over asking) or Copalis Beach 98535 (0% sold over asking), while Montesano 98563 (58% sold over asking) is even more competitive.
Run the numbers for 98568
Nearby markets
Aberdeen 98520Balanced $169 /sq ftAmanda Park 98526 — /sq ftCopalis Beach 98535Buyer’s market $259 /sq ftCopalis Crossing 98536 — /sq ft Browse all markets →Towns like Oakville nearby
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Questions about Oakville real estate
Is Oakville a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Oakville, WA 98568 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Oakville?
The typical home went under contract in 8 days in the latest three months.
Do homes in Oakville sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Oakville?
About 0.80% of a home’s value a year in Grays Harbor County, or roughly $3,200 on a $400,000 home.
What is the median home price in Oakville?
The median sale price was $527,431 in the three months ending August 31, 2026, about $315 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology