The story of this market
The typical home in ZIP 98365 sells for about $525,000, or $285 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 98365 — Port Ludlow
The Port Orchard housing market remains stable with steady demand driven by its affordability relative to the Seattle metro area. Inventory levels are tight, supporting modest year-over-year price appreciation despite higher mortgage rates. Buyers are primarily local families and commuters looking for long-term housing stability.
This ZIP is ideal for families and commuters seeking a waterfront lifestyle with more affordable housing options compared to Seattle. It attracts those who value a small-town atmosphere while maintaining access to major regional employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 32 days on market with 3.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 7.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98365, Kitsap County, WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Port Orchard are generally consistent with regional averages for Kitsap County, with property crime being the primary concern. Local law enforcement maintains active community outreach programs to address neighborhood safety.
Schools serving the area are part of the South Kitsap School District, which provides a range of public education options with moderate performance ratings. The district is currently focused on facility upgrades and curriculum expansion.
The area faces moderate risks related to winter storms and potential seismic activity common to the Puget Sound region. Flood risk is primarily concentrated in low-lying waterfront zones near the Sinclair Inlet.
Economic momentum is driven by proximity to the Puget Sound Naval Shipyard and the broader Kitsap County defense sector. Infrastructure improvements are focused on enhancing ferry terminal access and local road connectivity.
Property taxes are assessed by Kitsap County based on local millage rates that include state, county, and school district levies. There are no local income taxes, and homeowners may qualify for senior or disabled person exemptions.
Commuters primarily rely on the Port Orchard-Seattle ferry service or drive via WA-16 to reach employment hubs in Bremerton or Tacoma. Traffic congestion is common during peak hours on major highway corridors.
The area features extensive waterfront access, including the Port Orchard Marina and various public parks like Etta Turner Park. Residents enjoy proximity to regional trails and local golf courses within a short drive.
The rental market is characterized by low vacancy rates due to high demand from military personnel and commuters. Rent growth has been moderate, with limited new supply entering the market.
The economy is heavily anchored by the defense industry, specifically the Puget Sound Naval Shipyard, and supported by local retail and service sectors.
Transportation is served by the Kitsap Transit ferry system and a network of state highways connecting to the broader Olympic Peninsula and Seattle metro.
Development is focused on urban density in the downtown core and planned residential expansions on the city's periphery.
The Kitsap County Assessor maintains property valuations based on annual market analysis and physical inspections.
Parcels are subject to South Kitsap School District levies and various local utility district assessments.
Property insurance premiums are influenced by regional wildfire risk and coastal storm exposure, generally remaining stable but subject to national market trends.
Washington state continues to see net positive domestic migration, driven by job growth in the tech and defense sectors.
Washington is a non-judicial foreclosure state, providing a structured process for lenders and specific notice requirements for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from data.census.gov ZCTA 98365 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Sky Zone Trampoline Park4.119.4 mi
- WhirlyBall4.818.2 mi
- High Trek Adventures - Ropes Course, Ziplining, Laser Tag, & Birthday Party Center4.919.1 mi
- Pump It Up Lynnwood Kids Birthdays and More4.318.7 mi
- Sky Zone Trampoline Park4.217.7 mi
- Suquamish Clearwater Casino Resort4.214.6 mi
- Sky Zone Trampoline Park4.119.4 mi
- Fort Worden Historical State Park4.816.4 mi
- 7 Cedars4.216.8 mi
- Edmonds Center For the Arts4.615.9 mi
- Fort Flagler Historical State Park4.812.9 mi
- Kitsap Memorial State Park4.56.5 mi
- Hood Canal Floating Bridge4.14.4 mi
- Point No Point Lighthouse4.87.5 mi
- Heronswood Garden4.98.8 mi
- Boeing Future of Flight4.518.5 mi
- Fort Casey Historical State Park4.817.3 mi
- Flying Heritage & Combat Armor Museum4.918.9 mi
- U.S. Naval Undersea Museum4.814.7 mi
- Cascadia Art Museum4.715.7 mi
- Fort Flagler Historical State Park4.812.9 mi
- Kitsap Memorial State Park4.56.5 mi
- Heronswood Garden4.98.8 mi
- Port Gamble Forest Heritage Park - Kitsap County4.66.6 mi
- Fort Townsend Historical State Park4.612.5 mi
- Port of Edmonds4.615.5 mi
- John Wayne Marina4.719.6 mi
- Port of Brownsville4.618 mi
- Port Townsend Boat Haven4.414.4 mi
- Port Ludlow Marina4.51.1 mi
- Port Ludlow Golf Course4.50.3 mi
- Town & Country Market Poulsbo4.711.4 mi
- Safeway4.312 mi
- Poulsbo Village4.211.8 mi
- Safeway4.19.6 mi
- QFC4.19.2 mi
- Paine Field4.718.9 mi
- Kenmore Air - Lake Union4.625.2 mi
- Kenmore Air - Lake Washington4.522.6 mi
- Alaska Airlines - Everett4.819 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central hub for boating and waterfront recreation.
Popular local park with green space and community facilities.
Large regional park offering trails and sports fields.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.