Metropolitan market · Washington · September 2026 data

What is the Port Townsend, WA real estate market doing?

As of September 2026, the median home listed in Port Townsend, WA asks $699,950, up 0.1% year over year. Homes spend a median of 67 days on market, with 202 active listings and 21% carrying a price cut; pending contracts equal 36% of active listings, and inventory sits at 128% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$699,950
▲ 0.1% YoY
Median $ / sq ft
$354
1,970 sq ft median
Median days on market
67
September 2026
Active listings
202
For sale now
New listings
68
September 2026
Listings with price cuts
21%
Share of active
Inventory vs 2019
128%
Same month, 2019 = 100
Pending / active
36%
Contract activity

What is the Port Townsend, WA housing market doing right now?

The Port Townsend, WA housing market lists at a $699,950 median as of September 2026, up 0.1% year over year, with a 67-day median market time and 202 homes for sale (21% with a price cut). Active inventory is 128% of the 2019 level, reading as a balanced market by days-on-market pace.

Port Townsend housing market statistics

The table summarizes Port Townsend's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Port Townsend, WA housing market at a glance — September 2026
MetricLatestDetail
Median listing price$699,950+0.1% YoY
Median price per sq ft$3541,970 sq ft median
Median days on market67+3% YoY
Active listings202+4% YoY
New listings this month68September 2026
Listings with a price cut21%Share of active
Pending-to-active ratio35.9%73 pending
Inventory vs 2019128%Active listings vs same month in 2019

How have home prices changed in Port Townsend?

Port Townsend home prices are up 0.1% year over year and -0.7% month over month as of September 2026, at a $699,950 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$750K$731K$712K$694K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Port Townsend WA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$770K$690K$610K$529K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Port Townsend WA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Port Townsend?

Port Townsend has 202 active listings, 68 new this month, 73 pending as of September 2026. About 21% of active listings have cut their price, and inventory sits at 128% of its 2019 level — a balanced market by pace.

Active listings
202
New this month
68
Pending
73
Price-reduced
42

Is Port Townsend a good real estate investment?

Port Townsend scores 26/100 on WealthyBud's composite Investor Score, ranking #874 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
26/100
#874 of 933 covered metros
12-month outlook
-3.5%
▼ Cooling · model output, not advice
Momentum
51
Value
4
Rental yield
5
Supply risk
80
Market heat
47

Port Townsend scores 26/100 on our composite Investor Score (#874 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 128% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 0.1% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Port Townsend ranks on the trending markets index.

How much is a monthly mortgage payment in Port Townsend?

A home at Port Townsend's $699,950 median listing runs about $3,831 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$3,459/mo
−$373/mo vs today
At today's rate · 7.28%
$3,831/mo
National weekly average
If rates rise 1% · 8.28%
$4,219/mo
+$387/mo vs today

Principal & interest on the $699,950 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Port Townsend?

To buy Port Townsend’s $699,950 median listing with 20% down, a household needs about $182,000 a year in gross income, keeping principal, interest and property tax ($4,257/mo) at 28% of income. That is 2.6× the area’s $71,143 median household income, so a typical Port Townsend household cannot afford the median listing on these terms.

Income needed to buy the median home in Port Townsend, WA — September 2026
ItemAmountBasis
Median listing price$699,950September 2026
Down payment (20%)$139,990Assumption
Principal & interest (7.28%, 30-yr fixed)$3,831/moRate as of 2026-10-01
Property tax (0.73% effective rate)$426/moCensus ACS
Income needed (28% rule)$182,000Gross household income / yr
Median household income$71,143Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Port Townsend housing market?

Longer-run demand in Port Townsend shows up in 218 homes permitted in 2025; net migration of +405 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
218
▲ 48.3% vs 2024
6.5 per 1,000 residents
Net migration (2022–2023)
+405
▲ people, via tax-return records
net income flow +$40.7M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Port Townsend housing market FAQ

What is the median home price in Port Townsend?
As of September 2026, the median listing price in Port Townsend, WA is $699,950, up 0.1% year over year (source: public records and industry data). Figures cover the Port Townsend, WA metro area.
How much does it cost to buy a home in Port Townsend?
The median home listed in Port Townsend asks $699,950 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,831 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Port Townsend?
The median property in Port Townsend spends 67 days on the market, with 202 homes actively listed and 21% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Port Townsend?
With a median 67 days on market and 21% of active listings carrying a price cut, pending contracts at 36% of active listings, Port Townsend reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Port Townsend a good place to invest in real estate?
Port Townsend scores 26/100 on WealthyBud's Investor Score, ranking #874 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Port Townsend?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Port Townsend and the wider Washington market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Port Townsend, WA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Washington housing markets

Naomi Whitfield Real Estate Data Analyst

Naomi Whitfield is a real estate data analyst who builds metro-level price, inventory and days-on-market datasets from public MLS aggregates and county records. She reviews WealthyBud's market pages for data accuracy before they publish.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.