The story of this market
The typical home in ZIP 98110 sells for about $1,500,000, or $435 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,092 a month.
ZIP 98110 — Bainbridge Island
The Bainbridge Island market remains balanced with high demand for limited inventory, keeping prices elevated. While sales volume is steady, the high cost of entry and reliance on the ferry commute continue to shape buyer demographics. Market conditions are stable, reflecting a resilient local economy supported by high-income remote workers.
This ZIP is ideal for affluent families, remote professionals, and retirees seeking a high quality of life, excellent schools, and a strong sense of community within reach of Seattle.
Median prices moved up 2.1% year over year.
Homes spend a median of 18 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 4.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98110, Kitsap County WA
Bainbridge Island consistently reports low crime rates, significantly lower than the national average and regional urban centers like Seattle.
The Bainbridge Island School District is highly regarded, with schools consistently receiving top ratings for academic performance and student support.
The area faces risks from seismic activity and potential winter storm damage, with flood insurance recommended for low-lying coastal properties.
Economic momentum is driven by a mix of professional services, tourism, and a high concentration of remote workers, with limited new large-scale commercial development.
Property taxes are assessed by Kitsap County based on market value; Washington State does not have a personal income tax, which impacts local fiscal policy.
Commuters primarily rely on the Washington State Ferries system for transit to downtown Seattle, with a typical crossing time of 35 minutes.
The area features extensive trail networks, waterfront parks like Fay Bainbridge Park, and a vibrant downtown shopping and dining district.
The rental market is tight with low vacancy rates, driven by high demand from professionals and limited inventory of multi-family housing.
The economy is anchored by professional services, healthcare, and the tourism industry, with a significant portion of the workforce commuting to Seattle or working remotely.
Transportation is heavily influenced by the ferry terminal, which serves as the primary transit hub for regional connectivity.
Development is strictly managed by city planning to preserve the island's character, with focus on infill and downtown density.
The Kitsap County Assessor maintains property valuations based on annual market analysis and physical inspections.
Parcels are subject to various utility districts and the Bainbridge Island School District tax levies.
Property insurance premiums are stable but reflect regional risks associated with coastal exposure and seismic activity.
Data retrieved from U.S. Census Bureau ACS 2022 profiles for ZCTA 98110.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features beach access and camping with views of the Puget Sound.
A cultural anchor in the downtown Winslow area.
Private club offering an 18-hole course and social amenities.
Key-figure check: median price diverges 20.8% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $1,187,472 (20.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $1,187,472 (-20.8% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.