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Foreclosure Homes in Port Townsend, WA

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Port Townsend, WA Foreclosures

Current Market Conditions in in Port Townsend, WA As of March 2026?
Over the past month, Port Townsend's real estate market continues to show resilience despite ongoing challenges in the economy. The inventory remains low, yet the sales pace is accelerating as buyers are motivated by interest rates that are still favorable compared to historical standards. Many homes are selling quickly, often within a week of listing, sometimes above asking price. This trend indicates a highly competitive market, with strong buyer interest particularly in the more affordable segments.
How much do homes sell for in Port Townsend, WA?
The average home price is currently $665,518.
In Port Townsend, WA, how many homes are available?
There are currently 9 active home listings available in Port Townsend.
What’s the average rental cost in Port Townsend, WA?
The average rental price in Port Townsend is $1,688.
What is the most expensive home in Port Townsend?
The most expensive home sold in Port Townsend had a price of $42,645,326.
What is currently the cheapest priced home in Port Townsend, WA?
The cheapest home for sale in Port Townsend is priced at $11,886.

Living in Port Townsend, WA

Port Townsend, Washington is a picturesque coastal town known for its Victorian architecture and vibrant arts scene. Nestled on the Olympic Peninsula, it offers stunning waterfront views and a charming downtown filled with galleries, shops, and restaurants. The rich maritime history and a strong sense of community make it an attractive place for families and retirees alike.

Buyer vs Seller Market in Port Townsend, WA

The real estate market in Port Townsend has seen a steady increase in home values over the past year, in line with the growing trend of people relocating to this scenic region. The demand for homes near the waterfront has surged, leading to competitive bidding situations and quicker sales. Properties with unique historic features or modern amenities are particularly sought after.

Investors are increasingly recognizing the potential of Port Townsend, not just for residential living but also for vacation rentals due to its popularity among tourists. This, coupled with a limited supply of homes on the market, has created a robust environment for sellers.

Home Value Estimator For Port Townsend, WA

There are currently 8,240 real estate properties in Port Townsend, WA, with a median automated valuation model (AVM) price of $612,772.00. 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 Townsend, 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 Townsend, WA, is $665,518.00, with the most expensive house in Port Townsend, WA, topping out at $42,645,326.00 and the cheapest home in Port Townsend, WA, clocking in at $11,886.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Townsend, WA!

Rent Prices In Port Townsend, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Townsend, WA, is on a rollercoaster ride. The average rent price in Port Townsend, WA, is $1,688.00. Indeed, when looking to rent in Port Townsend, WA, you can expect to pay as little as $670.00 or as much as $4,460.00, with the average rent median estimated to be $1,660.00. The good news is that finding an affordable and desirable property to rent in Port Townsend, 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 Townsend, WA Foreclosures


Market Trend for Port Townsend, WA

Total Listings Available: 9

Market Values:

Home Prices from $11,886 to $42,645,326

Average Sales Price: $665,518

Rental Values:

Rental from $670 to $4,460

Average Rent Value: $1,688 / month

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