WA · Metro #181

Bremerton - WA housing market

The Bremerton metro has a typical home value of $584,472, up 1.8% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$584,472
+1.8% vs. year ago
Median sale price
$543,039
+8.3% YoY
Median list price
$601,667
Sale-to-list ratio
99.6%
Selling below ask
Days on market
9d
Listings w/ price cut
19.0%
New listings / mo
325
+14.0% YoY
Homes for sale
637
+15.4% YoY
Typical rent
$2,029/mo
+1.9% YoY
Context

How to read this data

The typical home value ($584,472) 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 1.8% over the past year. In Bremerton - WA, that means a home worth $574,138 last year is now worth roughly $584,472.

The median sale price , what homes actually close for , is $543,039. Homes are selling at 99.6% of list price, meaning buyers have room to negotiate.

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 19.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 325 new listings hit the market each month in Bremerton - WA. There are currently 637 homes for sale, up 15.4% from a year ago.

The typical monthly rent in Bremerton - WA is $2,029, up 1.9% 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$755,116 -1.9% 9.0d
Spokane - WA$421,901 +0.4% 23.0d
Kennewick - WA$441,609 +-0.0% 24.0d
Olympia - WA$532,620 +0.4% 13.0d
Yakima - WA$353,708 +2.0% 33.0d
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