The story of this market
The typical home in ZIP 98359 sells for about $535,000, or $462 per square foot.
Prices are up +2.5% 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 $1,538 a month.
ZIP 98359 — Olalla
The Olalla housing market is characterized by low inventory and a mix of older residential stock and new construction. Market activity remains steady with limited sales volume, reflecting a quiet, semi-rural residential environment.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 3.0 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 4.9% · poverty 10.5% — 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 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98359, 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.
Data retrieved from Census Reporter ZCTA 98359 profile
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.