Port Townsend, WA Home Values & Market Trends

Real estate market trends reflect that there have been 307 transactions over the past year in Port Townsend. The median value for residential home transactions that occurred over the previous year is $635,412.15. The number of current listings in Port Townsend is 2, and the percentage of properties for sale in the city is 2.00%. Port Townsend, WA currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 2 properties for sale.

Port Townsend, WA Real Estate Market Overview

ZipMedian Est. Value
98368

$ 1,004,750

$ 753/sqft

Housing Market Summary for Port Townsend, WA

Apr 2023March 2024Change
Median Listing Price$350K$626.8K79.09%
Median Sold Price$686.5K$626.8K-8.69%
Homes For Sale33-
Homes Sold1711794.68%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Port Townsend, WA

Port Townsend home values range from $26,616 to $5,374,337. The median estimated value of a home in Port Townsend is $635,412.15. The median list price of a home is 1,017,500, and the total count of properties in the city is 8,344.

Foreclosure
There is 1 zips within Port Townsend, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $769,647 in 98368 to the lowest value of $305,869 in 98368. Foreclosure homes account for 0.00% of properties in Port Townsend, WA with 98368 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Port Townsend, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Port Townsend, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Port Townsend, WA ranges from the highest value of $305,869 in 98368 to the lowest value of $305,869 in 98368. Bank owned homes and properties account for 0.01% of properties in Port Townsend, WA. There is 1 zips within Port Townsend, WA; 98368 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98368 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Port Townsend, WA. Auction homes and other auction properties account for 0.04% of all properties in Port Townsend, WA. There is 1 zips within Port Townsend, WA; of that zips, the median estimated home value for homes going to auction ranges from $769,647 in 98368 to the lowest value of $310,276 in 98368.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.02% of residential properties in Port Townsend, WA with 98368 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Port Townsend, WA; homes for sale in that zips, have a range of median values from $1,300,000 in 98368 to the lowest value of $709,500 in 98368.
    Sold Homes
    The median value for recently sold homes ranges from $2,505,750 in 98368 to the lowest price of $44,004 in 98368. There is 1 zips within Port Townsend, WA. 98368 has 157 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.88% of properties in Port Townsend, WA.

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      Guide for Port Townsend, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Port Townsend, WA

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