Is East Port Orchard, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Port Orchard was a Buyer's Market.
Housing Prices in East Port Orchard, WA
How much do homes in East Port Orchard, WA cost?
Median Sold Price
$521,350
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Port Orchard was $521,350 in April 2024, up 15.9% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | $292.5K | $459K | +56.9% |
3 Bedrooms | $427.5K | $465K | +8.8% |
4 Bedrooms | $504.9K | $529.9K | +5.0% |
5+ Bedrooms | $517.4K | $592.4K | +14.5% |
Summary: East Port Orchard housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 14.5%.
Housing Supply in East Port Orchard, WA
How many homes are available in East Port Orchard, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 30 | 0.0% |
Summary: The East Port Orchard real estate market had 30 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Port Orchard housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in East Port Orchard in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for East Port Orchard, WA
How long does it take to sell a home in East Port Orchard, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 57 Days | +26.9% |
Summary: Homes in East Port Orchard had an average of 57 days on market in Apr 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in East Port Orchard; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.