Is Poulsbo, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Poulsbo is a seller's market


Difference Since May 2023

Since last year, Poulsbo has remained a Seller's Market.

Key Takeaway

Poulsbo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Poulsbo, WA

How much do homes in Poulsbo, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Poulsbo have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Poulsbo was $649,995 in May 2024, up 6.7% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $369.9K$255K
2 $420K$490K
3 $593.5K$623.1K
4 $675K$689.9K
5+ $672.4K$663.6K

Summary: Poulsbo housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 1.3%.

Housing Supply in Poulsbo, WA

How many homes are available in Poulsbo, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Poulsbo real estate market had 145 homes for sale in May 2024, a 11.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 1316
3 6273
4 4342
5+ 1214

Summary: The Poulsbo housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poulsbo, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 42 homes were sold or pending in Poulsbo in May 2024, up by 23.5% month-over-month. Of the 42 sold homes, 17% were sold under asking, 43% were sold at asking, and 40% were sold over asking.

Days on Market for Poulsbo, WA

How long does it take to sell a home in Poulsbo, WA?

Average Sale Time

May 2023May 2024CHANGE
30 Days34 Days+11.6%

Summary: Homes in Poulsbo had an average of 34 days on market in May 2024, up by 11.6% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Poulsbo are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 42 homes were sold in Poulsbo; 74% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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