Port Orchard Real Estate For Sale
Search homes for sale in Port Orchard, a beautiful waterfront community known for its manufacturing, defense, and tech
Search homes for sale in Port Orchard, a beautiful waterfront community known for its manufacturing, defense, and tech
The Port Orchard real estate market exhibits moderate competition. On average, homes in this area garner 2 offers and are typically sold within approximately 29 days. Last month, the median sale price for a home in Port Orchard was $528,700, marking an increase of 1.6% from the previous year. In parallel, the median sale price per square foot has also experienced a upturn, settling at $274, up by 4.6% since last year. These trends suggest a slight cooling off in the market, creating potential opportunities for buyers.
Median Sale Price
Number of Homes Sold
Days on the Market
In October 2023, the Port Orchard housing market experienced a 1.6% increase in home prices compared to the previous year, with the median sale price reaching $529,000. Homes in Port Orchard, on average, remained on the market for 29 days before selling, consistent with the market duration from last year. However, the number of homes sold in October this year decreased to 50, falling from 60 sales in the same month last year.
The Port Orchard real estate market is moderately competitive. Properties typically sell within 29 days. It is common for some homes to receive multiple offers. On average, homes in Port Orchard sell for approximately their listing price and become pending within around 29 days. Homes that are particularly in demand, or "hot homes," may sell for about 1% above the list price and often go pending in as few as 5 days.
Port Orchard is renowned for its picturesque scenery, featuring stunning views of the mountains and the sound, making it one of the most beautiful places to live. It provides the charm and amenities of a small town, while the resources of a larger city are conveniently accessible just across the water. Although Port Orchard has a small, occasionally unpolished appearance, it is widely recognized as a wonderful place to reside.
Contact us to get your dream home for sale in Port Orchard.
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