Is Bainbridge Island, WA 98110 a buyer’s or seller’s market?
Bainbridge Island is a seller’s market. With about 2.1 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 84% of U.S. ZIP codes, and #17 of 298 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bainbridge Island housing market right now
In the three months ending August 31, 2026, 42% of homes in Bainbridge Island, WA 98110 sold above their list price, the typical home went under contract in 10 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 139 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (40% then), homes sold faster (19 days then) and the median sale price rose 2% to $1,294,720. Overall, Bainbridge Island is more competitive than a year ago, so tougher for buyers.
Within Kitsap County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Bainbridge Island ranks #17 of 298 WA ZIP codes with enough sales (score 79 out of 100).
Nearby, buyers who want less competition could look at Keyport 98345 (0% sold over asking) or Seabeck 98380 (6% sold over asking), while Bremerton 98311 (67% sold over asking) and Bremerton 98310 (59% sold over asking) are even more competitive.
Run the numbers for 98110
Nearby markets
Bremerton 98310Seller’s market $286 /sq ftBremerton 98311Seller’s market $299 /sq ftBremerton 98312Seller’s market $290 /sq ftBremerton 98337Seller’s market $268 /sq ft Browse all markets →Towns like Bainbridge Island nearby
Find towns like Bainbridge Island in other states →Where Bainbridge Island is
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Questions about Bainbridge Island real estate
Is Bainbridge Island a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Bainbridge Island, WA 98110 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bainbridge Island?
The typical home went under contract in 10 days in the latest three months.
Do homes in Bainbridge Island sell over asking?
42% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Bainbridge Island?
About 0.77% of a home’s value a year in Kitsap County, or roughly $3,080 on a $400,000 home.
What is the median home price in Bainbridge Island?
The median sale price was $1,294,720 in the three months ending August 31, 2026, about $553 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology