Foreclosure Homes in Port Townsend, WA 98368

Current Market Conditions in Port Townsend, WA

The real estate market in Port Townsend is currently experiencing a steady demand, driven by both local buyers and those relocating from urban areas seeking a quieter lifestyle. Home prices have shown a moderate increase over the past year, reflecting the town's popularity and limited inventory.

Investors can find a mix of properties, from charming historic homes to modern waterfront condos. The appeal of Port Townsend's scenic beauty and community-oriented living continues to promise good potential for appreciation in property values.

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.