Is Port Townsend, WA 98368 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Port Townsend is a seller’s market. With about 2.7 months of supply and 16% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market
Sold above original list15.8%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$385▼ −8.4% vs. last year

Nearby markets

Brinnon 98320Buyer’s market $399 /sq ftChimacum 98325Balanced $570 /sq ftForks 98331Buyer’s market $277 /sq ftNordland 98358Seller’s market $430 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology