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Preforeclosure Homes in Port Orchard, WA

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Living in Port Orchard, WA

Port Orchard, located in Washington state, is a picturesque waterfront community with a rich history and vibrant local culture. The town offers residents beautiful views, a family-friendly environment, and numerous recreational opportunities. Its proximity to Seattle via ferry makes it an ideal location for both work and leisure.

Current Market Conditions in Port Orchard, WA

Port Orchard's real estate market has shown steady growth in recent months. Homes in this area are increasingly in demand due to the attractive waterfront living options and the appeal of the Kitsap Peninsula. The blend of suburban charm and access to metropolitan amenities has attracted first-time homebuyers and families alike.

Over the last year, the Port Orchard housing market has seen notable growth with home prices appreciating, driven by low inventory and increased buyer interest. This trend is expected to continue as more people look toward areas outside major cities for affordable housing options.

Home Value Estimator For Port Orchard, WA

There are currently 27,165 real estate properties in Port Orchard, WA, with a median automated valuation model (AVM) price of $514,810.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Port Orchard, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Port Orchard, WA, is $558,333.00, with the most expensive house in Port Orchard, WA, topping out at $16,176,688.00 and the cheapest home in Port Orchard, WA, clocking in at $16,960.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Orchard, WA!

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.

Port Orchard, WA Preforeclosure Homes


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