The story of this market
The typical home in ZIP 98366 sells for about $559,000, or $338 per square foot.
Prices are up +2.76% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,961 a month.
ZIP 98366 — Port Orchard
The 98366 housing market shows signs of stabilization with a modest year-over-year price increase and a healthy inventory level. While sales volume has softened slightly, the market remains competitive for well-priced homes, driven by steady demand from regional commuters and defense sector employees. Buyers are finding more options, but affordability remains a key factor in the current interest rate environment.
This ZIP code is well-suited for family buyers seeking more affordable housing options compared to Seattle, as well as commuters working in the regional defense and maritime sectors. It also attracts downsizers looking for a quieter, semi-rural lifestyle with access to water-based recreation.
Median prices moved up 2.8% year over year.
Homes spend a median of 35 days on market with 2.2 months of supply — a fast-moving market.
18% 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 4.8% · poverty 9.3% — 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 8.6%/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 6.7%/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 98366, Kitsap County WA
Crime rates in Port Orchard are generally consistent with regional averages for Kitsap County, with property crime being the primary concern. Local law enforcement maintains a stable presence, and the area is considered relatively safe compared to larger urban centers in the Puget Sound region.
Schools serving the 98366 ZIP code are primarily part of the South Kitsap School District, which provides a range of educational options. Performance ratings are generally moderate, with ongoing efforts to improve student outcomes and facilities.
The area faces moderate risks related to windstorms and potential seismic activity common to the Pacific Northwest. Flood risks are localized to specific low-lying areas near the waterfront and creeks, and insurance premiums reflect standard regional hazard profiles.
Economic momentum is driven by proximity to the Puget Sound Naval Shipyard and the broader Bremerton-Silverdale employment corridor. Development is characterized by steady residential expansion and infrastructure improvements to support the growing population.
Property taxes are assessed by Kitsap County based on local millage rates that include state, county, and school district levies. There are no local income taxes, and homeowners may qualify for state-level property tax exemptions for seniors or disabled persons.
Commuters primarily rely on Highway 16 for access to the Bremerton-Silverdale area or the Southworth ferry terminal for transit to downtown Seattle. Traffic congestion during peak hours is a common factor for those traveling toward major employment hubs.
The area offers significant access to outdoor amenities, including Long Lake, various waterfront parks along the Sinclair Inlet, and local trail systems. Shopping and dining are concentrated in the Port Orchard downtown district and along the Highway 16 corridor.
The rental market is characterized by moderate vacancy pressure and steady demand, with rents trending upward due to limited supply. There is a notable presence of long-term residential rentals, with a smaller but active short-term rental market near waterfront areas.
The economy is heavily influenced by the defense sector, specifically the Puget Sound Naval Shipyard, alongside healthcare and retail services. The area serves as a residential hub for the broader Kitsap Peninsula workforce.
Transportation is primarily vehicle-dependent, with Highway 16 serving as the main corridor. Public transit is provided by Kitsap Transit, including bus services and ferry connections to Seattle.
Development is focused on infill residential projects and commercial expansion along the Highway 16 corridor to accommodate population growth.
The Kitsap County Assessor's office conducts annual property valuations based on market data to determine tax assessments.
Parcels are subject to South Kitsap School District levies and various local utility and fire district assessments.
Property insurance remains stable, though premiums are influenced by regional wildfire and windstorm risk assessments.
Washington state continues to see net positive domestic migration, driven by job growth in the tech and defense sectors.
Washington is a non-judicial foreclosure state, providing a structured process for lenders while offering specific notice periods for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property, including known defects and environmental hazards.
Data retrieved from Census Reporter/data.census.gov for ZCTA 98366.
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.
Popular destination for fishing, boating, and swimming.
Large park featuring trails, sports fields, and picnic areas.
Historic downtown area with dining, shopping, and marina access.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).