98340 — Kitsap County, Washington Market Snapshot
Housing market data for zip code 98340 in Kitsap County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$647,500
Days to Sell
20
Homes Sold
12
Inventory
15
Sale-to-List
101.1%
New Listings
22
Price/SqFt
$344
Pending Sales
15
Conforming Loan Available
Most homebuyers in 98340 can comfortably use conventional financing. The median home price of $647,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 98340 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98340 (101.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98340 can comfortably use conventional financing. The median home price of $647,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 98340 are set at the county level.
2026 Loan Limits — Kitsap County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $616,400 |
| 2 Units | $1,066,250 | $789,100 |
| 3 Units | $1,288,800 | $953,850 |
| 4 Units | $1,601,750 | $1,185,400 |
Affordability Snapshot — Zip 98340
To purchase the median home at $647,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,111.
Monthly Payment
$5,111
Income Required
$219,040
Principal & Interest
$3,990/mo
Down Payment (5%)
$32,375
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98340.
Estimated Monthly Payment
$4,157
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