Published November 1, 2026 in Market Update

Port Orchard activity split in two this summer

By Bre Enbom

Real estate, Port Orchard, WA

Port Orchard did not move as one market this summer. The Real Estate Data Aggregator counted sales up 7.4% in ZIP 98367 and down 13.1% in ZIP 98366, for the three months ending August 31, 2026. That split changes what pricing and timing look like, depending on your street.

Sales went opposite directions

The Real Estate Data Aggregator counted 159 homes sold in 98367 this period. That is up 7.4% from the same three months in 2025. In 98366, only 119 homes sold, down 13.1% from a year before. The whole market together was down 2.5%, per the Real Estate Data Aggregator. So the combined number hides what is really happening.

Prices dipped a little in both ZIPs

The Federal Housing Finance Agency reported U.S. house prices rose 2.4% from August 2025 to August 2026. Port Orchard did not follow that trend. The Real Estate Data Aggregator showed the median sale price in 98366 was $494,412, down 1.2% from a year ago. In 98367 it was $626,390, down 3.6%. Prices dipped a little in both ZIPs, even as national prices climbed.

Homes are taking longer to sell than last year

In 98366, the Real Estate Data Aggregator put median days on market at 18 days. That is 9 days longer than the same period in 2025. In 98367, homes sat for 26 days, which is 11 days longer than a year ago. Not every home sold fast. But sellers in both ZIPs still got close to their asking price. The Real Estate Data Aggregator showed a 99.9% sale-to-list ratio in 98366 and 99.5% in 98367.

Fewer homes went under contract fast

The Real Estate Data Aggregator found that 42.6% of homes in 98366 went under contract within two weeks of listing. That is down 13.6 points from a year ago. In 98367, 34.9% went under contract that quickly, down 5.8 points. The share of homes selling above list price also fell. In 98366 it dropped 9.2 points to 52.1%, per the Real Estate Data Aggregator. In 98367 it fell 8.6 points to 34%.

More homes are available now

The Real Estate Data Aggregator counted 101 homes for sale in 98366, up 4.1% from a year ago. In 98367 there were 126 homes for sale, up 2.4%. Together, both ZIPs had 227 homes for sale, up 3.2% from the same period in 2025. More choices for buyers also means more competition for sellers.

Realtor.com reported mortgage rates topped 7% in September 2026. Realtor.com also noted that about 5.6% of homes on the market nationally were delisted in September. Higher rates and more inventory together explain why buyers are taking a little more time.