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Belfair Bremerton Junction

PORT ORCHARD, WA 98367

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98367

Belfair · Bremerton Junction

Market Analysis

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

The PORT ORCHARD, WA real estate market (98367) currently shows 121 active listings, with 54 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 78 days on market compared to 30 days last year.

The median listing price has risen 1.4% year-over-year, from $674,975 to $684,498.

Whether you are buying or selling in PORT ORCHARD, 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: 31,186  ·  Density: 163.8/mi²  ·  Median household income: $100,428

Typical home value: $456,254  ·  Homeownership: 86.4%

Market Overview

Active Listings
121
⇩ 2.4% vs 124 last year
Pending
54
45% pending ratio
Median Price
$684,498
⇧ 1.4% vs $674,975 last year
Average Price
$704,896
⇩ 3.2% vs $728,224 last year
Days on Market
78
⇧ 160% vs 30 days last year

Price Per Square Foot

Median $/sqft
$276
⇩ 7.7% vs $299/sqft last year
Median Home Size
2,329 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 121 this year vs 124 last year
  • Days on market: 78 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $684,498 (+1.4% YoY)
  • Average: $704,896 (-3.2% 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 15.3 miles — 552 listings ($494,722,361 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98367Port Orchard, WA 983670.0 mi121$83,317,212$659,990$688,572
98329Gig Harbor, WA 983296.2 mi37$30,700,010$757,500$829,730
98337Bremerton, WA 983377.3 mi14$6,167,000$400,000$440,500
98312Bremerton, WA 983128.0 mi91$59,764,523$569,000$656,753
98070Vashon, WA 9807010.1 mi21$25,012,806$875,000$1,191,086
98528Belfair, WA 9852810.3 mi26$19,770,348$679,450$760,398
98335Gig Harbor, WA 9833511.5 mi79$87,744,589$934,475$1,110,691
98380Seabeck, WA 9838013.1 mi12$18,130,512$740,000$1,510,876
98110Bainbridge Island, WA 9811014.1 mi41$58,571,903$1,153,500$1,428,583
98349Lakebay, WA 9834914.3 mi28$28,446,852$637,000$1,015,959
98546Grapeview, WA 9854615.0 mi9$5,275,971$499,975$586,219
98146Seattle, WA 9814615.1 mi49$40,123,307$695,000$818,843
98166Seattle, WA 9816615.3 mi24$31,697,328$855,000$1,320,722

Frequently Asked Questions

How many homes are for sale in PORT ORCHARD, WA 98367?

As of February 2026, there are 121 active listings in PORT ORCHARD, WA (zip code 98367), compared to 124 the prior year.

What is the median home price in PORT ORCHARD, WA 98367?

The median listing price in PORT ORCHARD, WA 98367 is $684,498 as of February 2026, a 1.4% increase from $674,975 the prior year.

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

Homes in PORT ORCHARD, WA 98367 spend an average of 78 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in PORT ORCHARD, WA 98367?

Based on current inventory and days-on-market data as of February 2026, PORT ORCHARD, WA 98367 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 78 days on market compared to 30 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORT ORCHARD, WA 98367 save an estimated $13,690 compared to a typical 5% commission on the median listing price of $684,498. 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.