Multi-family Foreclosures in Port Orchard, WA

Current Market Conditions in Port Orchard, WA

The real estate market in Port Orchard has shown steady growth over the past few years, with a high demand for single-family homes. As more buyers are drawn to the area for its natural beauty and family-friendly environment, property values have increased, making it a desirable market for sellers.

Currently, the market is characterized by moderate inventory levels, which has led to competitive bidding situations. Homebuyers should be prepared to act quickly, as homes often sell within days of being listed, typically at or above asking prices.

Rent Prices In Port Orchard, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Orchard, WA, is on a rollercoaster ride. The average rent price in Port Orchard, WA, is $1,612.00. Indeed, when looking to rent in Port Orchard, WA, you can expect to pay as little as $770.00 or as much as $3,840.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Port Orchard, 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.