Kitsap County Housing Market: Prices, Inventory, and Trends (Updated July 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 July 8, 2026 with completed June 2026 data.

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: the climb paused in June

Across all property types, the average sale price rose from about $663,000 in April 2026 to roughly $679,000 in May, then declined from May to June. That June dip is the number to watch this summer. Recent years split on what it means: in 2025 the average dipped from May to June and then bounced back through July and August before the usual slide to the winter low; in 2024 it kept climbing into July; in 2023 it held flat. So June alone doesn't settle whether we've already seen 2026's high.

What it does change is the record question. I had been expecting 2026 to meet or exceed the all-time high set in June 2022, and after the June numbers that now looks unlikely, though July and August will make the final call. The spring run-up that got us here:

• 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, up to about $679,000 in May, then down in June

Why does my number say $679,000 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.

Inventory: about 1,100 active listings

Total active listings ticked up slightly from May to June and now sit right around 1,100, almost exactly where we were at this point last year. Zoom out and the striking thing about Kitsap inventory is how steady it has been: the seasonal highs and lows have run in the same band since mid-2022. Inventory builds through spring, peaks in summer, thins out through fall, and 2026 is tracking the pattern almost identically to 2025.

One flag on methodology: some public market reports show meaningfully lower active counts because they filter to single-family homes only. The 1,100 figure includes condos, manufactured homes, and other property types. Both are valid slices of the same market.

Months of supply: 3.3 and inching up

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 and June ticked up to 3.3. We're still in seller's-market territory, but the most extreme squeeze is behind us and we're slowly creeping toward balance. For the state-level context on why rising inventory is not a crash signal, see the Washington state housing market breakdown.

Days on market: 11 median, and a showings benchmark of 7

Median days on market in June was about 11, right in line with this point of summer in prior years (May ran about 9). Half the homes that sell are going pending in under two weeks. 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.

Absorption rate: above 70 percent

Absorption rate compares pending sales to new listings in the same period. Above 50 percent leans seller; above 70 percent means demand is materially outpacing supply. Kitsap's absorption rate was above 70 percent as of mid-June 2026. Buyers are actively clearing well-priced inventory faster than it's coming on.

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 says this is still a strong window: absorption above 70 percent, an 11-day median days on market, and closed sales averaging nearly 99 percent of original list price, even with the average price easing off May's peak. Historically the annual price peak lands in June, July, or August, so if you're aiming at this year's high, the window is now.

The catch is that this is not 2021, and treating it like 2021 is the most expensive mistake a Kitsap seller can make right now. 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 1,100 active listings county-wide. Take your time and compare. But know that the good ones still go in about 11 days, 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, May 2026). Average across all property types is about $679,000. 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 maturing one. Months of supply at 3.3 and inching up (balanced is 5 to 6), absorption above 70 percent, 11-day median days on market.

How fast are homes selling?
Median about 11 days in June, typical for this point of summer. The showings-to-pending benchmark is 7. Priced-right homes go in the first two weekends; overpriced homes sit for months.

How many homes are for sale?
About 1,100 active listings as of June 2026, steady in the same seasonal band since mid-2022. Single-family-only counts run lower depending on filtering.

Are prices going up?
The climb paused: $663,000 April to $679,000 May, then down in June (averages). Recent years split on what follows a June dip, but matching the 2022 all-time high now looks unlikely for 2026.

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 strong, but execution matters. Absorption above 70 percent and 99 percent of list price go 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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