Is Kingston, WA 98346 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Kingston is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score56/ 100

More competitive than 57% of U.S. ZIP codes, and #165 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

Months of supply4.3Under 4 months = seller’s market
Sold above original list22.2%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market24Listing to accepted offer
Median price per sq ft$348▼ −1.6% vs. last year

The Kingston housing market right now

In the three months ending August 31, 2026, 22% of homes in Kingston, WA 98346 sold above their list price, the typical home went under contract in 24 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 37 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold about as fast and the median sale price rose 22% to $846,046. Overall, Kingston is more competitive than a year ago, so tougher for buyers.

Within Kitsap County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Kingston ranks #165 of 298 WA ZIP codes with enough sales (score 56 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.

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 →

Where Kingston is

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Questions about Kingston real estate

Is Kingston a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Kingston, WA 98346 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 Kingston?

The typical home went under contract in 24 days in the latest three months.

Do homes in Kingston sell over asking?

22% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in Kingston?

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 Kingston?

The median sale price was $846,046 in the three months ending August 31, 2026, about $348 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