Single-family Homes in Port Townsend, WA

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4 View this home at Cape George Rd Port Townsend WA 98368
$202,000 EMV
Cape George Rd
Port Townsend, WA 98368
3 |
EST. RENT: $1,430
AUCTION: 05-17-2024
3 |
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Port Townsend, WA Foreclosures

How much do homes sell for in Port Townsend, WA?
The average home price is currently $642,863.
In Port Townsend, WA, how many homes are available?
There are currently 7,374 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 $1,690.
What is the most expensive home in Port Townsend, Washington?
The most expensive home sold in Port Townsend had a price of $6,250,000.
What is currently the cheapest priced home in Port Townsend, WA?
The cheapest home for sale in Port Townsend is priced at $31,174.

Home Value Estimator For Port Townsend, WA

There are currently 7,374 real estate properties in Port Townsend, WA, with a median automated valuation model (AVM) price of $597,149.00. 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 $642,863.00, with the most expensive house in Port Townsend, WA, topping out at $6,250,000.00 and the cheapest home in Port Townsend, WA, clocking in at $31,174.00. 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 $1,690.00. 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 $1,670.00. 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.

Top Reasons To Live In Port Townsend, WA In 2024

Port Townsend is located in Jefferson, Washington, with an estimated municipal population of 9,831 residents. All of the best foreclosed homes for sale in Port Townsend are located in the following zip code areas on 98368. The estimated population per square kilometer (.62 miles) in Port Townsend is 546.

Cost Of Living In Port Townsend, WA

So, about how much do homes cost in Port Townsend? The most recent median value of resident-owned homes in Port Townsend is 338,201. An estimated 58.2 percent of households in Port Townsend own their homes, with an average family size of 2.62. The median household income in Port Townsend is 51,389, with20.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Port Townsend, the median commute time of resident workers (in minutes) is 16.3. And last, but certainly not least, are you looking for homes to rent in Port Townsend? If so, the average rent price paid by renters in Port Townsend is 957, according to recent statistics.

Diversity And Demographics In Port Townsend, Washington

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Port Townsend, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Port Townsend is 53.9, split between 45.9 percent male versus 54.1 female. The percentage of residents who report being married in Port Townsend is 45.5, with an average family size of 2.62.

The percentage of residents who report their race in Port Townsend is as follows:

White 92.6%
Black / African American 0.6%
Asian 2.2%
American Indian / Alaskan Native 1.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 1.7%

Looking for family-friendly neighborhoods in and/or near Port Townsend? Or maybe you are searching for 55+ active adult communities in and/or near Port Townsend?

The percentage of residents who report their age in Port Townsend is as follows:

Under 10 9.4%
Aged 10-19 7.5%
20s 8.5%
30s 9.6%
40s 10.6%
50s 12.6%
60s 22.3%
70s 14.4%
80+ 5%

Best Schools In Port Townsend, Washington

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Port Townsend with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Port Townsend.

Pros And Cons Of Living In Port Townsend, Washington

How do you know that living in -- or moving to -- Port Townsend is right where you need to be? Perhaps you grew up in Port Townsend or already live nearby; therefore, the decision to buy a home in Port Townsend is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Port Townsend for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Port Townsend:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Port Townsend.

Reasons To Move To Port Townsend, Washington, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Port Townsend can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Port Townsend, meanwhile, can field multiple offers from more qualified buyers.

Port Townsend, WA Single-family Homes Foreclosures


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