Is Greenbank, WA 98253 a buyer’s or seller’s market?

The Greenbank housing market right now

In the three months ending August 31, 2026, 24% of homes in Greenbank, WA 98253 sold above their list price, the typical home went under contract in 15 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold about as fast and the median sale price fell 28% to $717,295. Overall, Greenbank is less competitive than a year ago, which gives buyers more room.

Within Island County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Greenbank ranks #127 of 298 WA ZIP codes with enough sales (score 60 out of 100).

Nearby, buyers who want less competition could look at Clinton 98236 (14% sold over asking) or Freeland 98249 (15% sold over asking), while Coupeville 98239 (45% sold over asking) and Oak Harbor 98277 (43% sold over asking) are even more competitive.