Market Intelligence · WA / Bremerton

Bremerton, WA 98312 Housing Market

The typical home value in Bremerton's 98312 ZIP is $494,706, up 1.2% over the past year as of September 2026. The median list price is $599,475, and homes are spending a median of 56 days on the market.

Updated September 2026Median value$495K

The median home value in Bremerton, WA 98312 is $495K as of September 2026, up 1.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 98312 range

$455K to $534K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.2% over 12 months

Typical home value in 98312 over the last 12 months: $489K in Sep 2025 to $495K in Sep 2026 (+1.2%).

Sep 2025$489K

Sep 2026$495K

The numbers

What is the 98312 housing market like?

Typical home value

$495K

Up1.2%YoY

Median list price

$599K

Down0.7%MoM

Days on market

56

Up21.7%MoM

Homes for sale

127

Down4.5%MoM

Price cuts

26.6%

Up13.1%MoM

New listings

34

Down39.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

98312 housing market forecast 2027

+0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98312 to rise 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 98312 rose 1.2%, per the Zillow Home Value Index.

Will home prices drop in 98312?

Zillow's forecast does not call for a drop: it expects typical home values in 98312 to rise 0.9% by September 2027, after a 1.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98312 home prices compare?

  • 98312$494,706
  • Bremerton$476,487
  • Washington$496,668
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Bremerton: 4 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

Sellers in 98312 are asking more than the typical home is worth, with a median list price of $599,475 against a typical value of $494,706. Inventory sits at 127 homes for sale, with 34 new listings added as of September 2026. Homes are taking a median of 56 days to sell, and 26.6% of listings have had a price cut. Values are still rising, up 1.2% over the past year, but buyers have some room to negotiate. A seller here should price carefully from the start and expect a measured pace rather than a quick sale.

Monthly payment

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20% · $98,941

Common questions

What people ask us.

How much is a home in 98312 worth?

The typical home value in 98312 is $494,706, up 1.2% over the past year as of September 2026.

How long does it take to sell a home in 98312?

Homes in 98312 are spending a median of 56 days on the market as of September 2026. There are 127 homes for sale, with 34 new listings.

Are sellers cutting prices in 98312?

Yes, 26.6% of listings in 98312 have had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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Guides for sellers.