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Bremerton, WA—98310

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$448,000
0.4% YoY Growth
Household Income
$73,300
38.7% YoY Growth
Days on Market
82
24.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$1,980
1.5% YoY Growth
1-Bed Rent
$1,500
0.7% YoY Growth
2-Bed Rent
$1,780
5.7% YoY Growth
3-Bed Rent
$2,550
0.4% YoY Growth

Other Zip Codes in Bremerton, WA

983129833798311
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Bremerton, WA

As of Dec '25, the median home price in Bremerton, WA is $448,000, with a year-over-year change of 0.4%. This indicates that home prices in Bremerton, WA are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$448,0000.4%
Single Family $455,0000.4%
Condos $262,000-1.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $255,000
    -1.5%
    2 Bed
    		$374,000-0.8%
    3 Bed
    		$456,0000.7%
    4 Bed
    		$503,0000.8%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.0%
    1 Bedroom
    12.8%
    2 Bedrooms
    35.7%
    3 Bedrooms
    35.1%
    4 Bedrooms
    10.1%
    5+ Bedrooms
    2.2%

    Rental Trends — Bremerton, WA

    As of July '25, Rentcast reports the average rent in Bremerton, WA is $2,090, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Bremerton, WA is studios: $1,100, 1-bedrooms: $1,510, 2-bedrooms: $1,840, 3-bedrooms: $2,420, 4-bedrooms: $2,930. The most common rental property sizes in Bremerton, WA are 2-bedroom and 1-bedroom, accounting for 52.1% and 22.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,980$2,090
    Studio Rent $1,100$1,100
    1 Bed Rent $1,500$1,510
    2 Bed Rent $1,780$1,840
    3 Bed Rent $2,550$2,420
    4 Bed Rent $2,900$2,930
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    % of Rental Stock

    Studio
    7.5%
    1 Bedroom
    22.0%
    2 Bedrooms
    52.1%
    3 Bedrooms
    13.7%
    4 Bedrooms
    3.3%
    5+ Bedrooms
    1.5%

    Property Listings — Bremerton, WA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Bremerton, WA is 52. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$479,00013.0%
    Listing Count
    		53-1.0%
    Listings as % of Homes0.3%-1.0%
    Days on Market
    		8224.0%
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    Demographics — Bremerton, WA

    As of the latest ACS Survey released in 2023, Bremerton, WA has a population of 22,200, which has increased by 5.9% over the past 5 years. Bremerton, WA is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		22,2005.9%
    % Under 18
    		19.3%10.9%
    % Seniors
    		16.2%-10.0%
    % WFH
    		8.0%128.6%
    % w/ College Degree
    		26.8%21.8%
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    As of the latest ACS Survey released in 2023, Bremerton, WA is a predominantly white area, with 61.1% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Bremerton, WA is hispanic, making up 15.3% of the population. Foreign-born residents account for 11.0% of the population in Bremerton, WA, and this percentage has increased by 34.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		61.1%-10.7%
    % Black
    		4.5%-2.2%
    % Hispanic
    		15.3%68.1%
    % Asian
    		5.8%-12.1%
    % Foreign Born
    		11.0%34.1%
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    Mortgage and Risk — Bremerton, WA

    According to HUD data as of 2023, there were 283 mortgage originations in Bremerton, WA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Bremerton, WA. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		283
    % Conventional Loans
    		63.0%
    % Government Loans
    		37.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Bremerton, WA

    As of 2024, the percent of homes in Bremerton, WA under the Section 8 program is 17.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Bremerton, WA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		870
    Total Units Section 8
    		806
    % Rentals under Section 8
    		17.7%
    % Occupied Section 8
    		74.8%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$90$1,500$1,410
    2 Bedroom$70$1,780$1,850
    3 Bedroom-$120$2,550$2,430
    4 Bedroom-$30$2,900$2,870

    Affordability — Bremerton, WA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6
    Median Home Price$448,000
    Median Household Income$73,300

    Bremerton, WA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Bremerton, WA

    98337

    Bremerton

    98314

    Bremerton, WA

    98311

    Port Orchard, WA

    98366

    Bainbridge Island, WA

    98110

    Frequently Asked Questions