Published October 18, 2026 in Market Update

Port Orchard homes are taking longer, but many still sell near list

By Bre Enbom

Real estate, Port Orchard, WA

Realtor.com reported that mortgage rates topped 7% in September 2026. That is the number that changes what sellers should do most: price it right the first time, because buyers have more choices now.

These numbers cover the three months ending August 31, 2026. They come from the Real Estate Data Aggregator for ZIP codes 98366 and 98367, which together make up Port Orchard.

Homes still sold close to list price

The Real Estate Data Aggregator counted 278 homes sold across Port Orchard in those three months. That is down 2.5% from the same period in 2025. Not every home sold fast, and fewer went above list than a year ago. But sellers held the line on price.

ZIP 98366: quick but slightly softer

The Real Estate Data Aggregator put the median sale price in 98366 at $494,412. That is down 1.2% from a year before. A small dip, not a collapse.

Homes here sold for 99.9% of list on average, the Real Estate Data Aggregator found. The median time on market was 18 days, which is 9 days longer than the same stretch in 2025.

The Real Estate Data Aggregator found that 52.1% of homes in 98366 sold above list. That is down 9.2 points from 2025. Still, more than half cleared asking price, which tells you demand is real.

That 42.6% figure is down 13.6 points from 2025, the Real Estate Data Aggregator shows. Buyers are taking a little more time. That is not bad news for a well-priced home.

ZIP 98367: more sales, more days

The Real Estate Data Aggregator counted 159 homes sold in 98367. That is up 7.4% from a year ago, the only side of Port Orchard where sales volume grew.

The median sale price was $626,390, down 3.6% from 2025. Homes here averaged 99.5% of list. The median days on market was 26 days, which is 11 days longer than last year.

The Real Estate Data Aggregator found that 34% of homes in 98367 sold above list. That is down 8.6 points from 2025. Fewer bidding wars, but sellers are still getting close to what they asked.

What the wider picture adds

Rates matter here. Realtor.com reported that mortgage rates topped 7% in September 2026. That slows buyers down nationwide.

The Federal Housing Finance Agency reported that U.S. house prices rose 2.6% from July 2025 to July 2026. Port Orchard prices dipped slightly in both ZIP codes over the same window. Local conditions can run differently from the national trend.

New listings across Port Orchard rose a combined 0.3%, the Real Estate Data Aggregator found. Buyers have a few more options than last year. That is why pricing carefully matters more now than it did in 2025.

One street can read very differently from the whole ZIP code. A block with newer builds, water views or a busy road will not look like the median. If you want to know where your specific address lands, reach out.