The story of this market
The typical home in ZIP 98367 sells for about $575,000, or $321 per square foot.
Prices are down 55.88% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,850 a month.
ZIP 98367 — Port Orchard
The housing market in 98367 shows price stability with a median home price of $575,000 and moderate inventory levels. Market activity remains consistent with regional trends, driven by demand from commuters and families. Some data points, such as specific historical tax trajectories, were not available at the ZIP level.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with access to both Kitsap County employment hubs and the Seattle metro area.
Median prices moved down 55.9% year over year.
Homes spend a median of 34 days on market with 3.0 months of supply — a fast-moving market.
3% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 6.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 98367, Kitsap County WA
Property taxes are assessed by Kitsap County based on local millage rates; specific special district levies for schools and utilities apply to parcels within this ZIP.
Residents typically commute toward Bremerton or via ferry to Seattle, with drive times varying based on traffic and ferry schedules.
The area features access to local parks, waterfront areas along the Puget Sound, and proximity to regional golf courses and shopping centers in Port Orchard.
The rental market shows steady demand with a median rent of $2,850, reflecting the area's suburban appeal and limited vacancy pressure.
The local economy is anchored by proximity to the Puget Sound Naval Shipyard and broader Kitsap County government and service sectors.
The area is served by local road networks connecting to Highway 16 and regional ferry terminals.
Kitsap County Assessor manages property valuations for tax purposes.
Parcels are subject to various school, fire, and utility district levies.
Data retrieved from US Census Bureau ZCTA-level tables.
Provides scenic views and recreational access to the Puget Sound.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).