Is Poulsbo, WA 98370 a buyer’s or seller’s market?

The Poulsbo housing market right now

In the three months ending August 31, 2026, 54% of homes in Poulsbo, WA 98370 sold above their list price, the typical home went under contract in 14 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 138 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 47%, homes sold faster (18 days then) and the median sale price fell 5% to $674,230. Overall, Poulsbo is more competitive than a year ago, so tougher for buyers.

Within Kitsap County, homes here sell faster than in 53% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Poulsbo ranks #7 of 298 WA ZIP codes with enough sales (score 83 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.