Housing · Poulsbo

Poulsbo, WA housing market

The typical Poulsbo home is worth about $665,000, up 0.7% in a year, 12% above the Washington typical home. Homes typically sell in 18 days, close to asking.

Home values, sales, trends and how Poulsbo compares with the towns next door — updated as new data is published.

The market right now

Poulsbo at a glance

Typical home value
$665K
▲ 0.7% in a year · Zillow
Median sale price
$708K
May 2026 · Redfin
Days on market
18
Washington: 19 days
Sale-to-list
100%
Homes sell near asking
Homes sold
22
in May · 42 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

PoulsboWashington
$300K$350K$400K$450K$500K$550K$600K$650K$700K 20182020202220242026 Poulsbo $665K Washington $592K
Show as a table
JanuaryPoulsboWashington
2017$382,000$326,000
2018$406,000$362,000
2019$431,000$390,000
2020$466,000$413,000
2021$537,000$471,000
2022$622,000$554,000
2023$634,000$572,000
2024$638,000$582,000
2025$663,000$605,000
2026$669,000$601,000
August 2026$665,000$592,000
New construction

161 new homes permitted in 2025

Builders were permitted 161 new homes in Poulsbo in 2025: 89 single-family houses and 72 in buildings with two or more homes, worth about $51.2 million to build. That's 13 per 1,000 residents, faster than across Washington (4.6). Over the past 10 years, Poulsbo has permitted 1,265 homes in all.

New homes, 2025
161
▲ 55% vs 2024
2026 so far
124
Jan–Aug · ▲ 44% vs last year
Per 1,000 residents
13
Washington: 4.6
Single-family
55%
72 in 2 apartment buildings
Single-familyTwo or more homes per building2026 so far
0100200300 2000: 86 homes 2000 2001: 77 homes 2002: 81 homes (65 single-family, 16 in buildings with 2+ homes) 2003: 85 homes 2004: 93 homes (81 single-family, 12 in buildings with 2+ homes) 2005: 80 homes 2005 2006: 91 homes 2007: 176 homes 2008: 90 homes 2009: 58 homes 2010: 14 homes 2010 2011: 35 homes 2012: 96 homes 2013: 110 homes 2014: 75 homes 2015: 129 homes (125 single-family, 4 in buildings with 2+ homes) 2015 2016: 152 homes (140 single-family, 12 in buildings with 2+ homes) 2017: 101 homes 2018: 135 homes (75 single-family, 60 in buildings with 2+ homes) 2019: 47 homes 2020: 50 homes (23 single-family, 27 in buildings with 2+ homes) 2020 2021: 134 homes (72 single-family, 62 in buildings with 2+ homes) 2022: 139 homes (69 single-family, 70 in buildings with 2+ homes) 2023: 242 homes (175 single-family, 67 in buildings with 2+ homes) 2024: 104 homes (63 single-family, 41 in buildings with 2+ homes) 2025: 161 homes (89 single-family, 72 in buildings with 2+ homes) 2025 2026 so far: 124 homes (52 single-family, 72 in buildings with 2+ homes)

Homes vs. people, 2010–2020

Residents+2,775
New homes+894

Between the 2010 and 2020 censuses, Poulsbo gained 2,775 residents while 894 new homes were permitted: about 3.1 new residents per new home. Building and growth moved roughly in step. Across Washington: 2.7 new residents per new home.

How Poulsbo ranks on housing keeping up with growth →

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)1245272$31.1 million
20251618972$51.2 million
20241046341$39.5 million
202324217567$90.5 million
20221396970$41.7 million
20211347262$35 million
2020502327$8 million
201947470$15.2 million
20181357560$30.4 million
20171011010$29.5 million
201615214012$34.9 million
20151291254$30.3 million
201475750$18.3 million
20131101100$24.7 million
201296960$23.5 million
201135350$7.9 million
201014140$3.1 million
200958580$14.9 million
200890900$18.2 million
20071761760$42.9 million
200691910$18.3 million
200580800$14.4 million
2004938112$15.5 million
200385850$12.8 million
2002816516$10.1 million
200177770$7.4 million
200086860$9.7 million

How Poulsbo ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

5.7 years of income

The typical Poulsbo home costs about 5.7 years of the town's median household income, less than across Washington (6 years).

How Poulsbo ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
59%
Washington: 63.8%
Median tax bill
$4,503
Washington: $4,556
Median rent
$1,886
Washington: $1,760
Typical home built
1996
Washington: 1985

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $2,140

HUD's Fair Market Rent for a two-bedroom in Poulsbo is $2,140 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Poulsbo pay a median of $1,886, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.

1 bedroom
$1,630
a month, with utilities
2 bedrooms
$2,140
a month, with utilities
3 bedrooms
$2,820
a month, with utilities
Share of income
22%
2 bedrooms ÷ median income

Studio $1,480 · 4 bedrooms $3,100

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (98370; Bremerton-Silverdale-Port Orchard, WA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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