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PORT TOWNSEND, WA 98368

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

Market Analysis

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

The PORT TOWNSEND, WA real estate market (98368) currently shows 80 active listings, with 23 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56 days on market compared to 37 days last year.

The median listing price has fallen 8.6% year-over-year, from $847,250 to $774,750.

Whether you are buying or selling in PORT TOWNSEND, 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: 17,046  ·  Density: 125.7/mi²  ·  Median household income: $61,924

Typical home value: $457,516  ·  Homeownership: 76.9%

Market Overview

Active Listings
80
⇩ 2.4% vs 82 last year
Pending
23
29% pending ratio
Median Price
$774,750
⇩ 8.6% vs $847,250 last year
Average Price
$989,848
⇩ 12.9% vs $1,136,556 last year
Days on Market
56
⇧ 51.4% vs 37 days last year

Price Per Square Foot

Median $/sqft
$414
⇩ 10.4% vs $462/sqft last year
Median Home Size
1,862 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 82 last year
  • Days on market: 56 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $774,750 (-8.6% YoY)
  • Average: $989,848 (-12.9% 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 26.7 miles — 575 listings ($437,881,398 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98368Port Townsend, WA 983680.0 mi54$53,042,958$689,500$982,277
98325Chimacum, WA 983256.2 mi2$1,725,000$862,500$862,500
98382Sequim, WA 9838210.8 mi150$103,182,450$576,238$687,883
98253Greenbank, WA 9825312.7 mi8$6,204,624$662,450$775,578
98239Coupeville, WA 9823913.5 mi32$23,916,192$650,000$747,381
98340Hansville, WA 9834015.9 mi12$11,421,768$760,875$951,814
98260Langley, WA 9826018.2 mi16$15,598,960$886,750$974,935
98346Kingston, WA 9834620.9 mi51$45,592,368$815,512$893,968
98277Oak Harbor, WA 9827721.6 mi113$79,404,422$626,225$702,694
98370Poulsbo, WA 9837022.4 mi93$68,149,656$649,963$732,792
98392Suquamish, WA 9839224.8 mi8$3,558,664$415,000$444,833
98345Keyport, WA 9834525.6 mi4$4,350,000$1,087,500$1,087,500
98383Silverdale, WA 9838326.7 mi32$21,734,336$699,995$679,198

Frequently Asked Questions

How many homes are for sale in PORT TOWNSEND, WA 98368?

As of June 2026, there are 80 active listings in PORT TOWNSEND, WA (zip code 98368), compared to 82 the prior year.

What is the median home price in PORT TOWNSEND, WA 98368?

The median listing price in PORT TOWNSEND, WA 98368 is $774,750 as of June 2026, a 8.6% decrease from $847,250 the prior year.

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

Homes in PORT TOWNSEND, WA 98368 spend an average of 56 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in PORT TOWNSEND, WA 98368?

Based on current inventory and days-on-market data as of June 2026, PORT TOWNSEND, WA 98368 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 37 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORT TOWNSEND, WA 98368 save an estimated $15,495 compared to a typical 5% commission on the median listing price of $774,750. 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.