The housing market in 98368 Port Townsend, WA is showing steady appreciation at 6.79%, which is slightly lower than the nation-wide appreciation rate of 8.27%. The median home value in this area has been assessed at $603,700, which is more than $250,000 higher than the national median home value of $338,100. While there may be some areas with higher values and appreciation rates, Port Townsend remains a desirable location for property investments due to its relative affordability and healthy market performance.
The median home cost in Port Townsend (zip 98368) is $603,700. Home appreciation the last 10 years has been 149.1%. Home Appreciation in Port Townsend (zip 98368) is up 13.6%.
Average Age of Homes
- The median age of Port Townsend (zip 98368) real estate is 31 years old
The Rental Market in Port Townsend (zip 98368)
- Renters make up 28.1% of the Port Townsend (zip 98368) population
- 0.4% of houses and apartments in Port Townsend (zip 98368), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.