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PORT LUDLOW, WA 98365

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PORT LUDLOW, WA real estate market (98365) currently shows 61 active listings, with 14 pending sales. Homes are averaging 53 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 53 days on market compared to 33 days last year.

The median listing price has risen 5.6% year-over-year, from $639,000 to $674,990.

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
61
⇧ 64.9% vs 37 last year
Pending
14
23% pending ratio
Median Price
$674,990
⇧ 5.6% vs $639,000 last year
Average Price
$876,465
⇩ 16.6% vs $1,050,728 last year
Days on Market
53
⇧ 60.6% vs 33 days last year

Price Per Square Foot

Median $/sqft
$362
⇩ 1.9% vs $369/sqft last year
Median Home Size
1,947 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 37 last year
  • Days on market: 53 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $674,990 (+5.6% YoY)
  • Average: $876,465 (-16.6% 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 — 538 listings ($528,612,930 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98365Port Ludlow, WA 983650.0 mi51$38,427,021$634,225$753,471
98340Hansville, WA 983406.5 mi12$11,421,768$760,875$951,814
98346Kingston, WA 983469.4 mi51$45,592,368$815,512$893,968
98370Poulsbo, WA 9837010.6 mi93$68,149,656$649,963$732,792
98249Freeland, WA 9824911.4 mi25$66,849,125$905,250$2,673,965
98392Suquamish, WA 9839212.9 mi8$3,558,664$415,000$444,833
98253Greenbank, WA 9825314.0 mi8$6,204,624$662,450$775,578
98236Clinton, WA 9823614.5 mi14$13,986,504$857,000$999,036
98383Silverdale, WA 9838316.1 mi32$21,734,336$699,995$679,198
98026Edmonds, WA 9802617.7 mi119$120,832,719$784,000$1,015,401
98177Seattle, WA 9817718.7 mi37$54,447,609$949,240$1,471,557
98110Bainbridge Island, WA 9811018.9 mi48$55,512,816$1,049,000$1,156,517
98043Mountlake Terrace, WA 9804319.7 mi40$21,895,720$462,488$547,393

Frequently Asked Questions

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

As of March 2026, there are 61 active listings in PORT LUDLOW, WA (zip code 98365), compared to 37 the prior year.

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

The median listing price in PORT LUDLOW, WA 98365 is $674,990 as of March 2026, a 5.6% increase from $639,000 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 53 days on the market before going under contract, compared to 33 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 March 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 53 days on market compared to 33 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 $13,500 compared to a typical 5% commission on the median listing price of $674,990. 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.