Silverdale, WA 98383 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Silverdale, WA—98383

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$585,000

1.4% YoY Growth

Household Income

$107,000

40.1% YoY Growth

Days on Market

18.0% Longer YoY

Home Price Forecast

0.2%

Median Rent

$2,000

20.2% YoY Growth

1-Bed Rent

$1,600

3.0% YoY Growth

2-Bed Rent

$2,000

0.0% YoY Growth

3-Bed Rent

$2,650

0.8% YoY Growth

Home Price Trends — Silverdale, WA

As of Dec '25, the median home price in Silverdale, WA is $585,000, with a year-over-year change of 1.4%. This indicates that home prices in Silverdale, WA are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$585,000	1.4%
Single Family	$587,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Silverdale, WA

As of July '25, Rentcast reports the average rent in Silverdale, WA is $2,130, with a year-over-year rent change of -20.2%. Per bedroom, the median rent as of July '25 in Silverdale, WA is 1-bedrooms: $1,600, 2-bedrooms: $2,040, 3-bedrooms: $2,600, 4-bedrooms: $3,100. The most common rental property sizes in Silverdale, WA are 2-bedroom and 3-bedroom, accounting for 42.7% and 32.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,130
Studio Rent	N/A	N/A
1 Bed Rent	$1,600	$1,600
2 Bed Rent	$2,000	$2,040
3 Bed Rent	$2,650	$2,600
4 Bed Rent	$3,100	$3,100

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% of Rental Stock

Studio

2.0%

1 Bedroom

20.3%

2 Bedrooms

42.7%

3 Bedrooms

32.0%

4 Bedrooms

2.4%

5+ Bedrooms

0.6%

Property Listings — Silverdale, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Silverdale, WA is 74. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$706,000	4.0%
Listing Count	50	-12.0%
Listings as % of Homes	0.3%	-12.0%
Days on Market	87	18.0%

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Demographics — Silverdale, WA

As of the latest ACS Survey released in 2023, Silverdale, WA has a population of 22,000, which has increased by 3.5% over the past 5 years. Silverdale, WA is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	22,000	3.5%
% Under 18	19.6%	-4.9%
% Seniors	19.5%	30.0%
% WFH	9.5%	31.9%
% w/ College Degree	37.2%	-0.3%

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As of the latest ACS Survey released in 2023, Silverdale, WA is a predominantly white area, with 69.4% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Silverdale, WA is asian, making up 8.3% of the population. Foreign-born residents account for 8.9% of the population in Silverdale, WA, and this percentage has increased by 6.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	69.4%	-3.5%
% Black	5.8%	75.8%
% Hispanic	8.0%	23.1%
% Asian	8.3%	-21.7%
% Foreign Born	8.9%	6.0%

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Mortgage and Risk — Silverdale, WA

According to HUD data as of 2023, there were 444 mortgage originations in Silverdale, WA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Silverdale, WA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	444
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Silverdale, WA

As of 2024, the percent of homes in Silverdale, WA under the Section 8 program is 4.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Silverdale, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	221
Total Units Section 8	221
% Rentals under Section 8	4.8%
% Occupied Section 8	67.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$240	$1,600	$1,840
2 Bedroom	$410	$2,000	$2,410
3 Bedroom	$500	$2,650	$3,150
4 Bedroom	$520	$3,100	$3,620

Silverdale, WA—98383

Key Metrics at a Glance

Home Price Trends — Silverdale, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Silverdale, WA

% of Rental Stock

Property Listings — Silverdale, WA

Demographics — Silverdale, WA

Race and Ethnicity

Mortgage and Risk — Silverdale, WA

Mortgages

Rentals and Section 8 — Silverdale, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Silverdale, WA

Home Price to Income Ratio

Silverdale, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Bangor Trident Base, WA

Bremerton, WA

Keyport

Bremerton, WA

Bremerton, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$585,000
Median Household Income	$107,000

Silverdale, WA—98383

Key Metrics at a Glance

Home Price Trends — Silverdale, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Silverdale, WA

% of Rental Stock

Property Listings — Silverdale, WA

Demographics — Silverdale, WA

Race and Ethnicity

Mortgage and Risk — Silverdale, WA

Mortgages

Rentals and Section 8 — Silverdale, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Silverdale, WA

Home Price to Income Ratio

Silverdale, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Bangor Trident Base, WA

Bremerton, WA

Keyport

Bremerton, WA

Bremerton, WA

Frequently Asked Questions

What is the average home price in Silverdale, WA 98383?

How have home prices in Silverdale, WA 98383 changed over the past year?

What is the home price projection for Silverdale, WA 98383?

What are the demographics of Silverdale, WA 98383?

How long does it take homes to sell in Silverdale, WA 98383?

What is the average rent price in Silverdale, WA 98383?