$2,672 Closing Credit*
$225,000
1,232 SqFt
1 Bed
•1 Full Bath
Kristian Schonberg, Listing Office: Windermere PeninsulaProperties
Is Port Orchard, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Port Orchard has remained a Seller's Market.
Key Takeaway
Port Orchard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Port Orchard, WA
How much do homes in Port Orchard, WA cost?
Median Sold Price
$540,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,005(+2.9%)
Key Takeaway
Homes in Port Orchard have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Port Orchard was $540,000 in October 2024, up 2.9% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319.9K | $310K | -3.1% |
| 2 Bedrooms | $425K | $417K | -1.9% |
| 3 Bedrooms | $505.1K | $525K | +3.9% |
| 4 Bedrooms | $535.1K | $550K | +2.8% |
| 5+ Bedrooms | $564.9K | $624.9K | +10.6% |
Summary: Port Orchard housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Bremerton | $438.9K | $468.3K | +6.7% |
| Port Orchard | $524.9K | $540K | +2.9% |
Housing Supply in Port Orchard, WA
How many homes are available in Port Orchard, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 353 | 353 | 0.0% |
Summary: The Port Orchard real estate market had 353 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 33 | 37 | +12.1% |
| 3 Bedrooms | 182 | 176 | -3.3% |
| 4 Bedrooms | 94 | 95 | +1.1% |
| 5+ Bedrooms | 39 | 36 | -7.7% |
Summary: The Port Orchard housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 79 | -24.8% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Orchard, expect to pay close to the asking price. 41.8% of homes here sold near the asking price last month.
Summary: A total of 79 homes were sold or pending in Port Orchard in October 2024, down by 24.8% month-over-month. Of the 79 sold homes, 35% were sold under asking, 42% were sold at asking, and 23% were sold over asking.
Days on Market for Port Orchard, WA
How long does it take to sell a home in Port Orchard, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 34 Days | -6.7% |
Summary: Homes in Port Orchard had an average of 34 days on market in Oct 2024, down by 6.7% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Port Orchard are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 79 homes were sold in Port Orchard; 72% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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