Kitsap County Housing Market: Prices, Inventory, and Trends (Updated August 2026)

This is my living Kitsap County market page. I update it when the new NWMLS numbers land each month, so the data below is always the latest read. Last updated August 4, 2026; market data reflects completed July 2026 numbers.

I'm Nolan Reynolds, a realtor with Windermere here in Kitsap County. This page is the one-stop version of the monthly market updates I've been doing on YouTube: the current numbers, what's driving them, how each city is behaving, and what it all means depending on which side of the transaction you're on.

The current numbers

Prices: rebounded in July, and that's the headline

Across all property types, the average sale price rose from about $663,000 in April 2026 to roughly $679,000 in May, dipped from May to June, and then jumped in July to just over $700,000. Last month we were watching to see whether the June dip was the start of the usual slide toward the winter low. It wasn't. July came back strong, setting a new high for 2026 and clearing the May peak.

The reason this is the story of the month: prices climbed even as inventory rose. Rising inventory usually takes some pressure off prices, so seeing both move up together says demand in Kitsap is still healthy. Prices here have stayed remarkably strong and stable rather than falling, which is a very different market than a lot of people were expecting. The spring-into-summer run-up:

• 2024: $630,000 in April, up to $646,000 in May
• 2025: $663,000 in April, up to $675,000 in May
• 2026: $663,000 in April, about $679,000 in May, a dip in June, then just over $700,000 in July

Why does my number say just over $700,000 when Zillow or Redfin says $565,000 to $585,000? They aren't contradicting each other. Average divides total dollar volume by number of sales, so one $4 million Bainbridge waterfront sale pulls it up county-wide. Median is the middle sale, and it's what the public-facing sites quote. Median single-family in Kitsap is running around $568,000 per the NWMLS-sourced reports. If you're trying to figure out what your own home is worth, you want the median for your city and home size, not the county average.

How much did Kitsap County property values go up in 2025?

This is one of the most common questions I get, so here is the short version. In 2025, Kitsap County home prices rose modestly, not dramatically. The average sale price ran roughly 4 to 5 percent above 2024 through the spring ($663,000 in April 2025 versus $630,000 in April 2024; $675,000 in May 2025 versus $646,000 in May 2024). Median sale prices moved less, roughly 1 percent year over year early in 2025 per NWMLS-sourced reports. That gap between the two numbers is the usual story: a handful of large sales pulls the average up while the middle of the market climbs slowly.

One clarification, because many people asking this are really asking about their tax notice: your assessed value is set by the county for taxation and moves on its own schedule. It is not the same as market value, and a jump in your assessment does not mean your home's sale price rose by the same amount. If you want to know what your home would actually sell for today, start with how to value a home in Kitsap County or a free valuation.

Inventory: up to about 1,234 active listings

Total active listings kept climbing, from roughly 1,100 in June to about 1,234 in July. That slow, steady increase is the flip side of the same coin as the longer days on market below: buyers simply have more to choose from than they've had in a few years. But context matters. Zoom the chart all the way out to 2006 and Kitsap inventory is still really low by historical standards, even after this year's build. We're loosening up, not flooding the market.

One flag on methodology: some public market reports show meaningfully lower active counts because they filter to single-family homes only. The 1,234 figure includes condos, manufactured homes, and other property types. Both are valid slices of the same market.

Months of supply: 3.7 and inching toward balanced

Months of supply tells you how long it would take to sell every active listing at the current pace if nothing new hit the market. The National Association of Realtors puts a balanced market at 5 to 6 months. May 2026 closed at 3.2, June ticked up to 3.3, and July rose to 3.7. We're still in seller's-market territory, but we're getting closer to that balanced 4-to-6-month range, and the most extreme squeeze is well behind us. For the state-level context on why rising inventory is not a crash signal, see the Washington state housing market breakdown.

Days on market: 17 median, and a showings benchmark of 7

Median days on market in July was 17, up from 11 in June, and it's part of a steady multi-year climb. Look at July specifically over the last few years: 9 days in 2023, 12 in 2024, 14 in 2025, and now 17 in 2026. Homes are still selling, but buyers are taking a bit more time, which lines up with the extra inventory. The long tail of overpriced listings still drags the average far above the median, so the median is the number that describes a well-priced home's experience.

The companion number worth knowing: the current showings-to-pending benchmark is about 7. On the market more than a couple of weeks with more than 7 showings and no offers? Buyers are seeing it and passing, which points at price or condition. Past three weeks with fewer than 7 showings? Buyers are screening it out before they ever visit, which points at price or marketing. The full decision tree is in why your Kitsap home isn't selling.

Closed sales: steady

The total number of closed sales has drifted down slowly over the long run, but since about 2023 it has been pretty steady month to month. Sales aren't collapsing; the market is transacting at a consistent, if unremarkable, pace. Paired with rising inventory, that's what's nudging days on market and months of supply up rather than any drop in buyer demand.

What's driving demand

Three durable tailwinds keep Kitsap demand strong even with mortgage rates well above their 2021 lows:

• The Naval Base Kitsap engine. Puget Sound Naval Shipyard, Bangor, and Keyport make the Navy the region's largest employer. PCS rotations, civilian shipyard hiring, and contractor build-out translate into steady housing demand that doesn't move with the broader economy.
• SIOP money. The Shipyard Infrastructure Optimization Program is the multi-decade Navy initiative modernizing the four public shipyards, including Bremerton's. The centerpiece for Kitsap is the multi-mission dry dock at Puget Sound Naval Shipyard: per the official project site (multimissiondrydock.com), the record of decision is anticipated between fall 2026 and winter 2027, with construction currently projected to begin around spring 2028. That is billions of dollars of investment, workers, and adjacent housing demand on a timeline that runs well into the 2030s.
• Seattle in-migration. Buyers from Seattle, Bellevue, and the Eastside keep trading up to more space and lower prices a ferry ride away. The affordability gap is still wide enough to drive the move. More on that in why people move to Kitsap County and the relocation guide.

City by city

Every Kitsap city runs its own micro-market. The quick tour, based on the spring and early-summer data:

Bainbridge Island

Kitsap's premium market. Waterfront and view properties hold value regardless of what rates do, and the buyer mix has been shifting toward families with school-age kids rather than just retirees and second-home buyers. Spring through early summer is when ferry-commuter buyers are most active.

Poulsbo

Median sale prices in the low $620,000s. The frenzied overbidding cooled off, which reads as weakness in the headlines but is really just buyers getting selective. Liberty Bay waterfront is still the premium play; well-maintained homes under $650K move fastest.

Silverdale

The PCS-season market. BAH rates have kept pace with home values, so military buyers can still afford what's listed. Commercial development along Silverdale Way keeps broadening the non-military buyer pool. If you're selling here, list before peak PCS season. More in living in Silverdale.

Bremerton

Around a $485,000 median, which is still the best value in the Puget Sound region for a 28-minute fast-ferry ride to downtown Seattle. Manette and downtown see the strongest appreciation, and days on market run among the lowest in the county. Deeper dives: best Bremerton neighborhoods and living in Bremerton.

Port Orchard

The highest buyer-search volume of any Kitsap city. McCormick Woods and the downtown waterfront are the tightest submarkets; the Bethel corridor is adding inventory. First-time buyers and military families drive demand. See the Port Orchard neighborhood guide.

If you're selling

The data still points to a strong window: prices jumped in July to just over $700,000, homes are selling close to list, and the annual price peak historically lands in June, July, or August. If you're aiming at this year's high, the window is now.

But be prepared, because this matters more than it has in years past. This is not 2021, and treating it like 2021 is the most expensive mistake a Kitsap seller can make right now. Inventory is up to about 1,234 listings and days on market is climbing, so buyers have more choices, more information, and higher standards. Three things have to work together:

1. Pricing. A defensible list price built on current comparables, not your neighbor's 2022 sale. Overpricing by 5 percent usually costs 30+ extra days and a below-market final price. The mechanics are in overpricing your house in Kitsap County.
2. Marketing. Professional photography, listing copy that speaks to ferry, shipyard, and school-district buyers, and full syndication. The bar is in how to market a house for sale in Kitsap.
3. Presentation. Clean, decluttered, deferred maintenance handled, and a pre-listing inspection if buyers might find surprises. See the pre-listing inspection guide.

If you're stuck on the bigger sell-or-hold question, the 2026 sell-or-hold framework walks through it, and the real cost of selling in Washington covers what you'll actually net. If your home is already listed and not moving, run the showings-to-pending diagnostic in why your Kitsap home isn't selling.

If you're buying

You have more options than any buyer since 2022: about 1,234 active listings county-wide, with more room to negotiate as inventory builds. Take your time and compare. But temper your expectations too: prices have stayed strong and stable rather than falling, so this is about more choice and more leverage, not deep discounts. And the good, well-priced ones still move, with a median of 17 days on market, so be ready when you find it: pre-approval done, lender lined up, an agent who can show on short notice.

If you're coming from the Seattle side, the moving-to-Kitsap guide covers ferry logistics, city fit, and budgets, and the neighborhood guides get you oriented street by street.

Frequently asked questions

What is the median home price in Kitsap County in 2026?
Median single-family is around $568,000 (NWMLS-sourced). Average across all property types jumped to just over $700,000 in July. City medians range from roughly $485,000 in Bremerton to well over $1 million on Bainbridge Island.

Is Kitsap County in a buyer's market or a seller's market?
Seller's market, but a steadily more balanced one. Months of supply at 3.7 and inching up (balanced is 5 to 6), inventory around 1,234, and 17-day median days on market. Buyers have more choices than they've had in years.

How fast are homes selling?
Median 17 days in July, up from 11 in June and part of a multi-year climb (14 in July 2025, 12 in 2024, 9 in 2023). The showings-to-pending benchmark is 7. Priced-right homes still move; overpriced homes sit.

How many homes are for sale?
About 1,234 active listings as of July 2026, up from roughly 1,100 in June. Still very low by long-run standards. Single-family-only counts run lower depending on filtering.

Are prices going up?
Yes. After a brief June dip, the average jumped to just over $700,000 in July, a new 2026 high, and did it even as inventory rose. Kitsap prices have stayed strong and stable rather than falling.

How much did property values go up in 2025?
Modestly: average sale prices ran about 4 to 5 percent above 2024 through spring 2025, while medians rose closer to 1 percent early in the year. Assessed values (your tax notice) are set on a separate schedule and are not market value.

What drives Kitsap housing demand?
Naval Base Kitsap (the region's largest employer), the multi-decade SIOP shipyard investment program, and steady in-migration from higher-cost Seattle-area markets.

Is now a good time to sell?
The window is still solid, prices held strong into July, but execution matters more than it has in years. With more inventory and longer days on market, the sale goes to sellers who price, market, and present well.

Talk through your situation

Market data tells you the weather. It doesn't tell you whether to sail. If you want a read on your specific home, neighborhood, and timing, start with a free home valuation, browse current listings, or reach out directly. No pressure, just a straight answer.

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