The story of this market
The typical home in ZIP 98315 sells for about $605,450, or $324 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,353 a month.
ZIP 98315 — Silverdale
The 98315 housing market remains stable, supported by consistent demand from military personnel and commuters. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader national trends. The area's strong economic anchor at the naval base continues to provide a floor for property values.
This ZIP is ideal for military families, professionals commuting to Seattle, and those seeking a suburban lifestyle with access to both urban amenities and outdoor recreation. It offers a balance of relative affordability compared to the Seattle metro core while maintaining strong community infrastructure.
Median prices moved up 2.1% year over year.
Homes spend a median of 28 days on market with 3.2 months of supply — a fast-moving market.
19% 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 4.4% · poverty 5.4% — 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 7.5%/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 7.5%/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 98315, Kitsap County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Silverdale generally experiences lower crime rates compared to the national average, with property crime being the most frequently reported incident type. Regional trends remain stable, consistent with suburban Kitsap County patterns.
Schools serving the 98315 area are part of the Central Kitsap School District, which is generally regarded as providing high-quality public education with strong academic performance ratings.
The area faces moderate risks related to seismic activity and winter storm events, typical of the Puget Sound region. Flood risk is primarily concentrated in low-lying coastal zones near Dyes Inlet.
Economic momentum is driven by proximity to Naval Base Kitsap and the retail hub of Silverdale, which serves as a commercial anchor for the Kitsap Peninsula. Infrastructure development focuses on improving transit connectivity to the Bremerton ferry terminal.
Property taxes are assessed by Kitsap County based on local millage rates that include state, county, and school district levies. There are no state-level personal income taxes in Washington, though commercial properties are subject to state business and occupation taxes.
Commuters primarily rely on personal vehicles for travel to local employment hubs, with many residents utilizing the Bremerton ferry for transit to downtown Seattle. Traffic congestion is common along the Highway 3 and 303 corridors during peak hours.
Residents have access to extensive outdoor amenities including the Clear Creek Trail, various waterfront parks along Dyes Inlet, and proximity to regional golf courses. Major retail shopping is concentrated in the nearby Kitsap Mall area.
The rental market is characterized by steady demand driven by military personnel and commuters, with limited vacancy pressure. Short-term rental activity is present but regulated by local county ordinances.
The economy is heavily anchored by the defense sector, specifically Naval Base Kitsap, alongside a robust retail and healthcare services industry. The area serves as the primary commercial hub for the Kitsap Peninsula.
Transportation is dominated by the Highway 3 corridor, which links the area to the Bremerton ferry terminal and the broader Puget Sound region. Public transit is provided by Kitsap Transit.
Development is focused on mixed-use residential and commercial infill projects near the Silverdale core to accommodate population growth. Infrastructure improvements are prioritized to manage traffic flow along major arterial roads.
Parcels are subject to Central Kitsap School District levies and various local utility districts for water and sewer services.
Property insurance premiums are influenced by regional wildfire risk assessments and proximity to coastal flood zones, with standard coverage generally available.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
A popular multi-use trail system providing green space and connectivity through the heart of Silverdale.
The primary regional shopping destination serving the Kitsap Peninsula.
Provides recreational opportunities for boating, kayaking, and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.