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Foreclosures in Port Townsend, WA

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Living in Port Townsend, WA

Port Townsend, WA, is a quaint coastal town renowned for its Victorian architecture, artistic spirit, and stunning waterfront views. The community offers various outdoor activities, cultural events, and exceptional educational institutions. With a strong sense of history and community, Port Townsend is an ideal location for those seeking a relaxed yet engaging lifestyle.

Current Market Conditions in Port Townsend, WA

The real estate market in Port Townsend has shown steady growth, characterized by a mix of historic homes and new developments. Prices have appreciated slightly over the past year, attracting both investors and homebuyers looking for a peaceful coastal lifestyle. The market currently favors sellers due to a limited inventory of homes, but the unique charm of the area continues to draw interest from buyers.

As of now, buyers are encouraged to move quickly on listings, as available homes tend to sell fast. The demand for properties with scenic views and proximity to downtown amenities remains strong, contributing to price stability in the region.

Home Value Estimator For Port Townsend, WA

There are currently 7,868 real estate properties in Port Townsend, WA, with a median automated valuation model (AVM) price of $638,716.00. 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 $694,566.00, with the most expensive house in Port Townsend, WA, topping out at $44,200,144.00 and the cheapest home in Port Townsend, WA, clocking in at $22,971.00. 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


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