Cities with the fastest growing home prices in Bremerton metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Bremerton metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Bremerton-Silverdale-Port Orchard, WA metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 12 cities and towns with data available were included in the list.

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Stacker

#12. Suquamish, WA

- 1-year price change: +$12,237 (+2.7%)
- 5-year price change: +$187,233 (+67.5%)
- Typical home value: $464,466 (#11 most expensive city in metro)
2 / 12
Stacker

#11. Bremerton, WA

- 1-year price change: +$13,489 (+3.0%)
- 5-year price change: +$192,175 (+71.0%)
- Typical home value: $462,712 (#12 most expensive city in metro)
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Stacker

#10. Silverdale, WA

- 1-year price change: +$16,664 (+3.0%)
- 5-year price change: +$217,992 (+60.4%)
- Typical home value: $578,651 (#8 most expensive city in metro)
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Stacker

#9. Port Orchard, WA

- 1-year price change: +$17,264 (+3.4%)
- 5-year price change: +$210,123 (+67.9%)
- Typical home value: $519,794 (#10 most expensive city in metro)
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Stacker

#8. Indianola, WA

- 1-year price change: +$22,513 (+3.7%)
- 5-year price change: +$250,248 (+64.6%)
- Typical home value: $637,646 (#7 most expensive city in metro)

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Stacker

#7. Keyport, WA

- 1-year price change: +$27,014 (+4.9%)
- 5-year price change: +$237,472 (+69.8%)
- Typical home value: $577,458 (#9 most expensive city in metro)
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Stacker

#6. Seabeck, WA

- 1-year price change: +$28,407 (+4.5%)
- 5-year price change: +$267,202 (+67.3%)
- Typical home value: $664,400 (#5 most expensive city in metro)
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Stacker

#5. Poulsbo, WA

- 1-year price change: +$29,862 (+4.8%)
- 5-year price change: +$258,614 (+66.8%)
- Typical home value: $645,724 (#6 most expensive city in metro)
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Stacker

#4. Hansville, WA

- 1-year price change: +$37,227 (+5.4%)
- 5-year price change: +$298,708 (+70.5%)
- Typical home value: $722,676 (#2 most expensive city in metro)
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Stacker

#3. Olalla, WA

- 1-year price change: +$37,715 (+5.7%)
- 5-year price change: +$296,346 (+73.0%)
- Typical home value: $702,138 (#3 most expensive city in metro)

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Stacker

#2. Kingston, WA

- 1-year price change: +$44,449 (+6.9%)
- 5-year price change: +$296,849 (+75.6%)
- Typical home value: $689,453 (#4 most expensive city in metro)
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Stacker

#1. Bainbridge Island, WA

- 1-year price change: +$96,843 (+7.7%)
- 5-year price change: +$547,715 (+67.8%)
- Typical home value: $1,355,291 (#1 most expensive city in metro)

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