Bremerton, WA metro area Housing Market

Hot Market

Comprehensive housing market data for the Bremerton, WA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$576K

0.8% YoY

Days on Market

23 days

27.8% YoY

Active Inventory

427

7.2% YoY

Homes Sold

286

11.7% YoY

Hot Market

Homes are selling quickly with strong competition among buyers.

Bremerton, WA metro area Market Summary

The Bremerton, WA metro area housing market is heating up. As of March 2026, the median home sale price is $576K, down 0.8% year-over-year. Homes are spending a median of 23 days on the market, 27.8% longer than a year ago.

There are 427 homes for sale — 7.2% fewer than last year. With 1.5 months of supply, this is a seller's market. 350 new listings were added during this period, down 3.8% year-over-year.

Homes are selling for 100.1% of their list price on average, indicating buyers are paying above asking. 54.9% of homes sell above their asking price. 31.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

45

Contributing Factors

Months of Supply 1.5
Days on Market 23
Price Drops 31.6%
Sale-to-List Ratio 100.1%
Market Temperature Hot

How This Market Compares

vs. National Median

Median Price (National: $437K) 31.8%
Days on Market (National: 55) 58.2%
Inventory (National: 1,314,690) 100.0%

vs. Washington Median

Median Price (Washington: $644K) 10.7%
Days on Market (Washington: 31) 25.8%

Investor Takeaway

This is a highly competitive market. Be prepared to move quickly and potentially offer above asking price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 32% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Bremerton, WA metro area Market Trends

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Detailed Market Metrics

Median List Price

$625K

Price per Sq Ft

$299

Sale-to-List Ratio

100.1%

Months of Supply

1.5

Sold Above List

54.9%

Price Drops

31.6%

New Listings

350

3.8% YoY

Pending Sales

372

Off Market in 2 Weeks

53.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.