Is Suquamish, WA 98392 a buyer’s or seller’s market?
Suquamish is a seller’s market. With about 2.7 months of supply and 33% 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.
The Suquamish housing market right now
In the three months ending August 31, 2026, 33% of homes in Suquamish, WA 98392 sold above their list price, the typical home went under contract in 5 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 17%, homes sold faster (11 days then) and the median sale price rose 59% to $659,215. Overall, Suquamish is more competitive than a year ago, so tougher for buyers.
Within Kitsap County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%.
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 98392
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 Suquamish nearby
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Questions about Suquamish real estate
Is Suquamish a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Suquamish, WA 98392 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 Suquamish?
The typical home went under contract in 5 days in the latest three months.
Do homes in Suquamish sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Suquamish?
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 Suquamish?
The median sale price was $659,215 in the three months ending August 31, 2026, about $367 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