The story of this market
The typical home in ZIP 98337 sells for about $355,000, or $285 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,462 a month.
ZIP 98337 — Bremerton
The 98337 housing market remains stable, supported by consistent demand from military personnel and commuters utilizing the ferry system. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader regional trends in the Puget Sound area.
This ZIP is well-suited for military personnel, commuters working in Seattle who utilize the ferry, and first-time homebuyers seeking more affordable entry points compared to the Seattle metro core.
Median prices moved up 2.5% year over year.
Homes spend a median of 34 days on market with 2.8 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 5.9% · poverty 15.4% — 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 6.2%/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 98337, 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.
Crime rates in the Bremerton area are generally higher than the national average, with property crime being the most frequently reported issue in this urbanized ZIP code.
Schools serving the area are part of the Bremerton School District, which generally receives mixed performance ratings compared to suburban districts in Kitsap County.
The area faces moderate risks from heavy winter precipitation and potential seismic activity, typical of the Puget Sound region; flood insurance is recommended for low-lying coastal parcels.
Economic momentum is anchored by the Puget Sound Naval Shipyard and related maritime defense industries, with ongoing urban renewal efforts in downtown Bremerton.
Property taxes are levied by Kitsap County based on assessed value; there are no state-level personal income taxes, but local levies support school districts and municipal services.
Residents benefit from proximity to the Seattle-Bremerton ferry terminal, providing a primary transit link for commuters working in downtown Seattle.
The area features access to waterfront parks along the Sinclair Inlet, proximity to the Olympic Peninsula trail systems, and local shopping districts in downtown Bremerton.
The rental market is characterized by high demand due to the military presence and proximity to ferry transit, with limited vacancy pressure.
The economy is heavily driven by the Puget Sound Naval Shipyard and the broader defense and maritime sector, supplemented by healthcare and retail services.
The area is served by Washington State Ferries and Kitsap Transit, providing essential connections to the broader Puget Sound region.
Development is focused on high-density residential projects near the waterfront and transit corridors to support urban growth.
Parcels are subject to Kitsap County property tax levies and the Bremerton School District tax base.
Property insurance premiums are influenced by regional wildfire and seismic risk factors, with coastal areas requiring specific flood coverage.
Data retrieved from data.census.gov 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.
Waterfront park with trails and picnic areas.
Major transit hub connecting to downtown Seattle.
Historic venue hosting live performances and films.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.