The story of this market
The typical home in ZIP 98342 sells for about $362,500, or $302 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 98342 — Indianola
The 98342 housing market is currently stable with low inventory and moderate price growth. Sales volume remains constrained by limited supply, while buyer demand is supported by the area's appeal to remote workers and commuters. Figures for specific metrics like months of supply and price cut percentages are based on limited active listings.
This ZIP is best suited for remote workers, retirees, and families seeking a quiet, coastal lifestyle who are comfortable with a commute to regional employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 3.0 months of supply — a fast-moving market.
17% 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 3.2% · poverty 4.5% — 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 4.4%/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 4.6%/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 98342, Kitsap County WA
Indianola is a small, unincorporated community with low reported crime rates, generally consistent with the broader, rural-coastal character of Kitsap County.
The area is served by the North Kitsap School District, which maintains a generally positive reputation for its academic programs and community engagement.
The ZIP code is located in a coastal region with moderate exposure to wind and seismic risks, and specific parcels may be subject to flood zone requirements.
Development in Indianola is constrained by its rural, residential character and geographic isolation, with limited commercial infrastructure or major corporate expansion.
Property taxes are assessed by Kitsap County based on local millage rates, which include levies for schools, fire districts, and county services.
Commuters typically rely on personal vehicles to reach the Kingston ferry terminal for transit to Seattle or drive to employment hubs in Silverdale and Bremerton.
The area features significant access to Puget Sound waterfront, local community parks, and proximity to regional trails and outdoor recreation in North Kitsap.
The rental market is limited in depth, characterized by a mix of long-term residential leases and seasonal or short-term vacation rentals due to the coastal location.
The local economy is heavily influenced by the nearby naval installations in Kitsap County and the broader Seattle-Tacoma metro employment market.
Transportation is dominated by private vehicle use, with the Kingston ferry terminal serving as the primary transit link to the Seattle metropolitan area.
There are no major large-scale commercial or residential developments currently approved or under construction within the ZIP code boundaries.
The Kitsap County Assessor maintains property valuations based on annual market analysis and physical inspections.
Parcels are subject to North Kitsap School District taxes and various local fire and utility district assessments.
Property insurance premiums are influenced by coastal hazard exposure and the regional wildfire risk profile of the Pacific Northwest.
Washington state continues to see net domestic migration, though growth in rural Kitsap County has stabilized compared to the urban core.
Washington is a non-judicial foreclosure state, providing a streamlined process for lenders while offering specific notice periods for homeowners.
Sellers are required to provide a comprehensive real property transfer disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA 98342 profile.
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.
Public beach access and protected coastal habitat.
Local hub for community events and recreation.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).