Port Townsend's October First-Time Homebuyer Report

Port Townsend is a small city in Washington with a median income of $40,686 per household. Besides being less affluent than average, its population is much younger than others with a median age of 52 years. The Port Townsend market is almost exclusively made up of detached homes, currently accounting for 98% overall.

Culture

According to Foursquare, Starbucks is the most popular spot to grab a cup of coffee in Port Townsend. If you're looking to do a little shopping, some favorites are Safeway and Port Townsend Food Co-op. And finally, recommended places to eat are McDonalds and 1-2-3 Thai.

Price Range

Homes in Port Townsend are worth a median of $212,900, similar to other parts of Washington. Additionally, the list prices of available homes is currently at an average of $392,356. Over the last 30 days, the sale of 18 homes took place in the Port Townsend market and, even though it's the same amount as last week, the area continues a recent upward trend.

Out of all the listings in Port Townsend, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$3.8M   $850K   $315K  

Typical Dwelling

The typical dwelling in Port Townsend is a three-bedroom detached home worth about $386,672. To purchase a similar home, a buyer with good credit and a $77,334 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,631 monthly payment. The property tax rate is $9.91 per $1,000 of taxable assessed value.

Get started right now by checking out Port Townsend homes for sale or reviewing Port Townsend real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
John L Scott Port Townsend
Snapped 42 homes in this area
Prosmart Realty
Snapped 1 home in this area
RE/MAX Traditions
Snapped 1 home in this area

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