The housing market in Port Orchard, WA (98367) is showing signs of healthy appreciation and growth. The median value for a house in the area stands at $521,900, which is approximately 55% higher than the US national median value of $338,100. What's more, the house appreciation rate for the last year in Port Orchard was 6.79%, slightly below the US average of 8.27%. This suggests that Port Orchard is seeing steady growth and appreciation without too much speculation or volatility in the market.
The median home cost in Port Orchard (zip 98367) is $521,900. Home appreciation the last 10 years has been 149.1%. Home Appreciation in Port Orchard (zip 98367) is up 13.6%.
Average Age of Homes
- The median age of Port Orchard (zip 98367) real estate is 27 years old
The Rental Market in Port Orchard (zip 98367)
- Renters make up 13.2% of the Port Orchard (zip 98367) population
- 0.7% of houses and apartments in Port Orchard (zip 98367), 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.