Home Values

Bremerton Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$260,900

  • 4.0% 1-year change
  • 2.8% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this metro relative to other metros across the US. A particular metro may be identified as a good market for buyers in a national market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median home value in Bremerton Metro is $260,900. Bremerton Metro home values have gone up 4.0% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Bremerton Metro is None. The median rent price in Bremerton Metro is $1,250, which is lower than the Washington median of $1,475.

Foreclosures will be a factor impacting home values in the next several years. In Bremerton Metro 5.2 homes are foreclosed (per 10,000). This is greater than the Washington value of 4.4 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bremerton Metro is 4.4%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bremerton Metro homeowners underwater on their mortgage is 19.7%, which is higher than Washington at 16.1%.

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Relative ZHVI
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Bremerton Metro Market Overview

Data through Apr 30, 2015
  • $260,900 ZHVI
  • 2.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $268,532 Median sale price
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Bremerton Metro Market Health

Data through Apr 30, 2015
  • 3.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • 92 Average days on Zillow (Mar 31, 2015)
  • 19.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

5.2 homes Bremerton Metro
4.4 homes Washington
3.9 homes United States
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Cities in Bremerton Metro

Name Median ZHVI
Bainbridge Island $512,500
Seabeck $328,900
Olalla $302,300
Name Median ZHVI
Poulsbo $297,100
Kingston $293,900
Silverdale $276,200
Name Median ZHVI
Port Orchard $228,000
Bremerton $190,600
Suquamish $182,900

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $168 Median sale price / sq ft
  • No data Listings with price cut
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Bremerton Metro Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,543 Bremerton Metro
    $1,550 Washington
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,250 Rent list price
  • $1.00 Rent list price / sq ft
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