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All market snapshots / 98368

Port Townsend, WA 98368 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Port Townsend, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 4141PendingPending sales: 44
Port Townsend, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $775k$775kSoldMedian sold price (last 6 months): $550k$550k
What homes actually sell for in Port Townsend, WA
Distribution of 183 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $450k to $775k
$245k to $352k: 11 sales$245k$352k to $459k: 32 sales$459k to $566k: 40 sales40sales$459k$566k to $672k: 20 sales$672k to $779k: 27 sales$672k$779k to $886k: 12 sales$886k to $993k: 13 sales$886k$993k to $1.1M: 9 salesMedian $550k

What the numbers say

As of October 26, 2026, Resideline is tracking 41 active listings and 4 pending sales in ZIP code 98368. That pending-to-active ratio of 0.10 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $775,000, while the median of the 183 closed sales Resideline tracked over the last six months was $550,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98368 for 93 days.

Frequently asked questions

What is the median home price in 98368?

The median closed sale price in Port Townsend, WA 98368 was $550,000 over the last six months, based on 183 closed sales tracked by Resideline. The middle half of those sales ranged from $449,950 to $775,000.

Is 98368 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 41 active listings in 98368, a pending-to-active ratio of 0.10. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 98368 is currently a typical-pace market.

Nearby ZIP code market data

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