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
| Zip | Median Est. Value |
|---|---|
| 98368 | $ 695,000 $ 416/sqft |
Housing Market Summary for Port Townsend, WA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $698K | $699K | 0.14% |
| Median Sold Price | $649.3K | $632.4K | -2.59% |
| Homes For Sale | 298 | 429 | 43.96% |
| Homes Sold | 148 | 129 | -12.84% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Port Townsend, WA
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions98368 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.
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Guide for Port Townsend, WA





Washington Foreclosure Laws

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 […]

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