WA · Metro #181

Bremerton - WA housing market

The Bremerton metro has a typical home value of $586,380, up 1.6% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$586,380
+1.6% vs. year ago
Median sale price
$545,136
+4.0% YoY
Median list price
$620,000
Sale-to-list ratio
100.0%
Selling above ask
Days on market
9d
Listings w/ price cut
21.5%
New listings / mo
392
+2.6% YoY
Homes for sale
759
+9.7% YoY
Typical rent
$2,065/mo
+2.6% YoY
Context

How to read this data

The typical home value ($586,380) is the Zillow Home Value Index for the Bremerton - WA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.6% over the past year. In Bremerton - WA, that means a home worth $577,146 last year is now worth roughly $586,380.

The median sale price , what homes actually close for , is $545,136. Homes are selling at 100.0% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Bremerton - WA sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 392 new listings hit the market each month in Bremerton - WA. There are currently 759 homes for sale, up 9.7% from a year ago.

The typical monthly rent in Bremerton - WA is $2,065, up 2.6% year over year. For investors, the price-to-rent ratio here is roughly 24x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in WA

MetroHome value1-yr changeDays on market
Seattle - WA$750,279 -1.9% 10.0d
Spokane - WA$423,842 +0.3% 15.0d
Kennewick - WA$441,524 +0.0% 18.0d
Olympia - WA$533,918 +0.3% 11.0d
Yakima - WA$355,256 +1.9% 20.0d
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