Market Snapshot
- Median listing price
- $632K
- Median rent
- $3,050/mo
- Days on market
- 183 days
- Gross rental yield
- 5.79%
- STR vs LTR
- $2,369/mo STR · $3,050/mo LTR
The median listing price in Port Orchard, WA ZIP 98367 is $632,495 as of June 2026.
The median market rent in Port Orchard, WA ZIP 98367 is $3,050/month as of June 2026.
The median days on market in Port Orchard, WA ZIP 98367 is 183 days as of June 2026. The market is currently neutral.
At a median list price of $632,495 and a median rent of $3,050/month, the gross rental yield in Port Orchard, WA ZIP 98367 is 5.79% as of June 2026.
In Port Orchard, WA ZIP 98367, median Airbnb revenue is $2,369/month compared to median long-term rent of $3,050/month as of June 2026.
Port Orchard, WA 98367 Real Estate Market Report
ZIP Code: 98367
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Port Orchard, WA, average 6.51% as of June 2026, reflecting a market where rates have stabilized in the mid-6% range following recent fluctuations.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary market indicator, the median sold price of 628,000, shows realized transaction value and sits slightly below the median listing price of 632,495, which may indicate modest seller expectations above recent sale levels. neutral market temperature appears to be moderating listing-to-sale gaps.
- The median days on market of 183 points to slower sales velocity and elongated negotiation windows, which may indicate pricing friction or selective buyer activity rather than rapid turnover. moderate transaction velocity.
- The median price per square foot of 305 and the median market rent of 3,050 align with a market where rents and prices are both trending up; rising rents may support price resilience while buyers face affordability pressure. rent up and interest rate pressure elevated are concurrent signals to monitor.
- Overall pricing is showing modest appreciation (price year-over-year trend: up) within a market described as neutral in temperature, suggesting a balanced but slightly seller-leaning environment as inventory conditions appear more constrained in the analyzed sample; stakeholders should prioritize accurate pricing and be prepared for longer marketing periods when listing. up
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold above market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.7% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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