Is Port Orchard, WA 98367 a buyer’s or seller’s market?

The Port Orchard housing market right now

In the three months ending August 31, 2026, 33% of homes in Port Orchard, WA 98367 sold above their list price, the typical home went under contract in 26 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 164 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (15 days then) and the median sale price fell 4% to $626,119. Overall, Port Orchard is less competitive than a year ago, which gives buyers more room.

Within Kitsap County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Port Orchard ranks #60 of 298 WA ZIP codes with enough sales (score 69 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.