Port Townsend, WA Home Values & Market Trends

Real estate market trends reflect that there have been 332 transactions over the past year in Port Townsend. The median value for residential home transactions that occurred over the previous year is $695,000. The number of current listings in Port Townsend is 430, and the percentage of properties for sale in the city is 430.00%. Port Townsend, WA currently has 3 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 430 properties for sale.

Port Townsend, WA Real Estate Market Overview

ZipMedian Est. Value
98368

$ 695,000

$ 416/sqft

Housing Market Summary for Port Townsend, WA

Sep 2025September 2026Change
Median Listing Price$698K$699K0.14%
Median Sold Price$649.3K$632.4K-2.59%
Homes For Sale29842943.96%
Homes Sold148129-12.84%
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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 $114,356 to $2,348,000. The median estimated value of a home in Port Townsend is $695,000. The median list price of a home is 699,974.5, and the total count of properties in the city is 553.

Foreclosure
There is 1 zips within Port Townsend, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $593,393 in 98368 to the lowest value of $432,382 in 98368. Foreclosure homes account for 0.00% of properties in Port Townsend, WA with 98368 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Port Townsend, WA with 98368 containing 1 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 $570,000 in 98368 to the lowest home value of $570,000 in 98368.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Port Townsend, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Port Townsend, WA. There is 1 zips within Port Townsend, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98368 has 2 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 0.36% 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 $593,393 in 98368 to the lowest value of $432,382 in 98368.
Homes for Sale
Homes and properties that are actively listed for sale account for 77.76% of residential properties in Port Townsend, WA with 98368 containing 430 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 $2,348,000 in 98368 to the lowest value of $234,876 in 98368.
    Sold Homes
    The median value for recently sold homes ranges from $1,733,252 in 98368 to the lowest price of $114,356 in 98368. There is 1 zips within Port Townsend, WA. 98368 has 117 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 21.16% of properties in Port Townsend, WA.

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      Guide for Port Townsend, WA

      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.