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PORT LUDLOW, WA 98365

Real Estate Market Report  ·  Jefferson County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PORT LUDLOW, WA real estate market (98365) currently shows 51 active listings, with 13 pending sales. Homes are averaging 118 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 118 days on market compared to 105 days last year.

The median listing price has risen 0.4% year-over-year, from $632,000 to $634,225.

Whether you are buying or selling in PORT LUDLOW, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,259  ·  Density: 54.6/mi²  ·  Median household income: $93,167

Typical home value: $567,785  ·  Homeownership: 90.9%

Market Overview

Active Listings
51
⇧ 88.9% vs 27 last year
Pending
13
25% pending ratio
Median Price
$634,225
⇧ 0.4% vs $632,000 last year
Average Price
$753,471
⇩ 17.8% vs $916,515 last year
Days on Market
118
⇧ 12.4% vs 105 days last year

Price Per Square Foot

Median $/sqft
$321
⇩ 10.6% vs $359/sqft last year
Median Home Size
1,819 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 51 this year vs 27 last year
  • Days on market: 118 now vs 105 last year

Median & Average Pricing

Year over Year
  • Median: $634,225 (+0.4% YoY)
  • Average: $753,471 (-17.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 475 listings ($498,784,370 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98365Port Ludlow, WA 983650.0 mi49$38,061,877$644,945$776,773
98340Hansville, WA 983406.5 mi13$12,303,057$749,500$946,389
98346Kingston, WA 983469.4 mi36$32,167,080$823,695$893,530
98370Poulsbo, WA 9837010.6 mi100$76,264,200$675,000$762,642
98249Freeland, WA 9824911.4 mi24$65,974,200$896,000$2,748,925
98392Suquamish, WA 9839212.9 mi6$3,517,500$497,500$586,250
98253Greenbank, WA 9825314.0 mi9$9,289,854$699,950$1,032,206
98236Clinton, WA 9823614.5 mi13$14,276,301$929,000$1,098,177
98383Silverdale, WA 9838316.1 mi42$29,675,814$719,995$706,567
98026Edmonds, WA 9802617.7 mi88$102,943,720$899,950$1,169,815
98177Seattle, WA 9817718.7 mi26$40,491,828$1,015,000$1,557,378
98110Bainbridge Island, WA 9811018.9 mi41$58,571,903$1,153,500$1,428,583
98043Mountlake Terrace, WA 9804319.7 mi28$15,247,036$449,950$544,537

Frequently Asked Questions

How many homes are for sale in PORT LUDLOW, WA 98365?

As of February 2026, there are 51 active listings in PORT LUDLOW, WA (zip code 98365), compared to 27 the prior year.

What is the median home price in PORT LUDLOW, WA 98365?

The median listing price in PORT LUDLOW, WA 98365 is $634,225 as of February 2026, a 0.4% increase from $632,000 the prior year.

How long do homes stay on the market in PORT LUDLOW, WA?

Homes in PORT LUDLOW, WA 98365 spend an average of 118 days on the market before going under contract, compared to 105 days the prior year.

Is it a seller's or buyer's market in PORT LUDLOW, WA 98365?

Based on current inventory and days-on-market data as of February 2026, PORT LUDLOW, WA 98365 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 118 days on market compared to 105 days last year.

How much can I save on real estate commission in PORT LUDLOW, WA?

With SELL123.com's maximum 3% commission, sellers in PORT LUDLOW, WA 98365 save an estimated $12,685 compared to a typical 5% commission on the median listing price of $634,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.