Port Angeles, WA—98362
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Port Angeles, WA
Home Price Trends — Port Angeles, WA
As of Oct '25, the median home price in Port Angeles, WA is $451,000, with a year-over-year change of 1.6%. This indicates that home prices in Port Angeles, WA are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $451,000 | 1.6% |
| Single Family | $453,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $315,000 | 1.9% |
2 Bed | $378,000 | 1.3% |
3 Bed | $484,000 | 1.3% |
4 Bed | $504,000 | 1.4% |
| 5 Bed | $556,000 | 1.3% |
% of Housing Stock
Rental Trends — Port Angeles, WA
As of July '25, Rentcast reports the average rent in Port Angeles, WA is $1,660, with a year-over-year rent change of -9.3%. Per bedroom, the median rent as of July '25 in Port Angeles, WA is studios: $1,360, 1-bedrooms: $1,200, 2-bedrooms: $1,730, 3-bedrooms: $2,200, 4-bedrooms: $2,640. The most common rental property sizes in Port Angeles, WA are 2-bedroom and 1-bedroom, accounting for 40.2% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,660 |
| Studio Rent | $1,200 | $1,360 |
| 1 Bed Rent | $1,180 | $1,200 |
| 2 Bed Rent | $1,550 | $1,730 |
| 3 Bed Rent | $2,350 | $2,200 |
| 4 Bed Rent | $2,480 | $2,640 |
% of Rental Stock
Property Listings — Port Angeles, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Angeles, WA is 58. This is a increase of 13.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $534,000 | -18.0% |
Listing Count | 104 | 25.0% |
| Listings as % of Homes | 0.3% | 25.0% |
Days on Market | 58 | 13.0% |
Demographics — Port Angeles, WA
As of the latest ACS Survey released in 2023, Port Angeles, WA has a population of 23,900, which has remained stable by 0.7% over the past 5 years. Port Angeles, WA is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 32.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,900 | 0.7% |
% Under 18 | 17.7% | -2.7% |
% Seniors | 27.9% | 17.7% |
% WFH | 12.5% | 95.3% |
% w/ College Degree | 32.2% | 24.3% |
As of the latest ACS Survey released in 2023, Port Angeles, WA is a predominantly white area, with 84.5% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Port Angeles, WA is hispanic, making up 6.6% of the population. Foreign-born residents account for 3.9% of the population in Port Angeles, WA, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.5% | -1.9% |
% Black | 0.6% | -68.4% |
% Hispanic | 6.6% | 29.4% |
% Asian | 1.2% | -25.0% |
% Foreign Born | 3.9% | -18.8% |
Mortgage and Risk — Port Angeles, WA
According to HUD data as of 2023, there were 418 mortgage originations in Port Angeles, WA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Port Angeles, WA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 418 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Port Angeles, WA
Port Angeles, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 492 |
Total Units Section 8 | 492 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,180 | $890 |
| 2 Bedroom | -$380 | $1,550 | $1,170 |
| 3 Bedroom | -$710 | $2,350 | $1,640 |
| 4 Bedroom | -$610 | $2,480 | $1,870 |
Affordability — Port Angeles, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $451,000 |
| Median Household Income | $67,800 |