Is Bremerton, WA 98311 a buyer’s or seller’s market?
Bremerton is a seller’s market. With about 2 months of supply and 67% 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 95% of U.S. ZIP codes, and #2 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 Bremerton housing market right now
In the three months ending August 31, 2026, 67% of homes in Bremerton, WA 98311 sold above their list price, the typical home went under contract in 7 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 84 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 55%, homes sold about as fast and the median sale price rose 6% to $527,568. Overall, Bremerton is more competitive than a year ago, so tougher for buyers.
Within Kitsap County, homes here sell faster than in 87% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Bremerton ranks #2 of 298 WA ZIP codes with enough sales (score 91 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).
Run the numbers for 98311
Nearby markets
Bainbridge Island 98110Seller’s market $553 /sq ftBremerton 98310Seller’s market $286 /sq ftBremerton 98312Seller’s market $290 /sq ftBremerton 98337Seller’s market $268 /sq ft Browse all markets →Towns like Bremerton nearby
Find towns like Bremerton in other states →Where Bremerton is
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Questions about Bremerton real estate
Is Bremerton a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Bremerton, WA 98311 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 Bremerton?
The typical home went under contract in 7 days in the latest three months.
Do homes in Bremerton sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Bremerton?
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 Bremerton?
The median sale price was $527,568 in the three months ending August 31, 2026, about $299 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