How much is a home worth in ZIP code 98110?

The typical home in 98110 is worth $1,187,472, based on the Zillow Home Value Index.

Are home values rising in 98110?

Home values in 98110 are up 1.1% over the past year, and up 3.5% a year over five years.

What is the typical rent in 98110?

A typical home in 98110 rents for about $3,092 a month, a gross rental yield of 3.1%.

What is the property tax rate in 98110?

The effective property tax rate in 98110 is 0.7% — roughly $8,049 a year on a typical home.

ZIP code 98110 has a population of 24,631 and a median household income of $172,188.

HousingHandbookReference data

…

U.S. ZIP Code · WA98110

Kitsap County · Bremerton-Silverdale-Port Orchard, WA

Typical home value

$1,187,472^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.1%
5-year / yr: +3.5%
10-year / yr: +6.6%

Relative price

vs U.S.: +318.0%
vs metro: +94.7%
vs state: +136.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98110 is worth $1,187,472 — 94.7% above the Bremerton-Silverdale-Port Orchard, WA median. Over the past year, values have risen 1.1%. Homes here rent for a typical $3,092 a month — a 3.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,092^[2]
Gross yield: 3.1%^[2]
Cap rate: 1.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $8,049^[3]

#Climate risk

FEMA National Risk Index ratings for Kitsap County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively High
Winter weather: Relatively Low

#Who lives here

Population: 24,631^[3]
Median household income: $172,188^[3]

#Migration

Household moves in and out of Kitsap County over a year, from IRS tax-return data.

Net migration: +648^[5]
Moved in: 9,597
Moved out: 8,949

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 5
Middle: 2
High: 2

Bainbridge High School
High · Grades 9–12 · Bainbridge Island School District
1,181 students
Woodward Middle School
Middle · Grades 7–8 · Bainbridge Island School District
497 students
Sonoji Sakai Intermediate
Middle · Grades 5–6 · Bainbridge Island School District
459 students
Capt Johnston Blakely Elem Sch
Elementary · Grades PK–4 · Bainbridge Island School District
364 students
Ordway Elementary
Elementary · Grades K–4 · Bainbridge Island School District
346 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.1%

Net yield (after ~40% expenses)1.9%

Annual rent$37,105

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,005

Loan principal$949,977

Down payment$237,494

Total interest paid$1,211,644

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.48

Monthly cost to own$7,667

Monthly rent$3,092

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 87th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 0th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98110?: The typical home in 98110 is worth $1,187,472, based on the Zillow Home Value Index.
Are home values rising in 98110?: Home values in 98110 are up 1.1% over the past year, and up 3.5% a year over five years.
What is the typical rent in 98110?: A typical home in 98110 rents for about $3,092 a month, a gross rental yield of 3.1%.
What is the property tax rate in 98110?: The effective property tax rate in 98110 is 0.7% — roughly $8,049 a year on a typical home.
Who lives in 98110?: ZIP code 98110 has a population of 24,631 and a median household income of $172,188.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

98359 vs 98110 →
Burley CDP, WA
Typical home
$722,330
Gross yield
—
98342 vs 98110 →
Indianola CDP, WA
Typical home
$718,104
Gross yield
—
98340
Hansville CDP, WA
Typical home
$717,420
Gross yield
—
98380
Seabeck CDP, WA
Typical home
$707,541
Gross yield
—
98370
Suquamish CDP, WA
Typical home
$671,765
Gross yield
4.2%
98346
Port Gamble Tribal Community CDP, WA
Typical home
$665,231
Gross yield
—

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#Jump to section

U.S. ZIP Code · WA98110

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