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Is Indianola, WA 98342 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Indianola is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list42.8%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$414▲ +16.9% vs. last year

The Indianola housing market right now

In the three months ending August 31, 2026, 43% of homes in Indianola, WA 98342 sold above their list price and the typical home went under contract in 17 days. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (35 days then) and the median sale price rose 1% to $795,656. Overall, Indianola is more competitive than a year ago, so tougher for buyers.

Within Kitsap County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 60%.

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 98342

Prefilled for 98342Can I win this house?Multiple-offer likelihood for a listing Prefilled for 98342Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bainbridge Island 98110Seller’s market $553 /sq ftBremerton 98310Seller’s market $286 /sq ftBremerton 98311Seller’s market $299 /sq ftBremerton 98312Seller’s market $290 /sq ft Browse all markets →

Towns like Indianola nearby

Find towns like Indianola in other states →
Freeland, WA98249 · 20 miles away85% similarcheaper homes ($71K less) · larger Nordland, WA98358 · 22 miles away83% similarpricier homes ($58K more) · older residents Clinton, WA98236 · 15 miles away79% similarcheaper homes ($30K less) · larger Langley, WA98260 · 19 miles away79% similarlarger · older residents

Where Indianola is

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Questions about Indianola real estate

How fast do homes sell in Indianola?

The typical home went under contract in 17 days in the latest three months.

Do homes in Indianola sell over asking?

43% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.

What are property taxes in Indianola?

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 Indianola?

The median sale price was $795,656 in the three months ending August 31, 2026, about $414 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