Foreclosures in Bainbridge Island, WA

Current Market Conditions in Bainbridge Island, WA

The Bainbridge Island real estate market has been quite robust, characterized by steady demand due to its desirable location and quality of life. Properties in the area have seen an upward trend in value, fueled by the limited supply of homes and an influx of buyers looking for second homes or primary residences away from city life.

The current market is competitive, with homes often selling above the asking price, particularly in sought-after neighborhoods that feature waterfront access or stunning views. Buyers should also be aware that luxury properties are becoming increasingly popular, further driving demand and prices upward.

Rent Prices In Bainbridge Island, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bainbridge Island, WA, is on a rollercoaster ride. The average rent price in Bainbridge Island, WA, is $2,707.00. Indeed, when looking to rent in Bainbridge Island, WA, you can expect to pay as little as $960.00 or as much as $5,040.00, with the average rent median estimated to be $2,640.00. The good news is that finding an affordable and desirable property to rent in Bainbridge Island, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.