HousingHandbookReference data

U.S. ZIP Code · WA98345

Kitsap County · Bremerton-Silverdale-Port Orchard, WA

Typical home value

$590,195[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.7%
5-year / yr
+2.8%
10-year / yr
+6.6%

Relative price

vs U.S.
+107.8%
vs metro
-3.2%
vs state
+17.3%
ZIP 98345 location in WA
Location of ZIP 98345 in WA

Price history

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

The typical home in 98345 is worth $590,195 — 3.2% below the Bremerton-Silverdale-Port Orchard, WA median. Over the past year, values have risen 1.7%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
[3]
Typical annual tax
[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
221[3]
Median household income
[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

Run the numbers

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

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$2,984
Loan principal$472,156
Down payment$118,039
Total interest paid$602,209

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.

Own : rent ratio
Monthly cost to own$4,066
Monthly rent

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
27th percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 98345?
The typical home in 98345 is worth $590,195, based on the Zillow Home Value Index.
Are home values rising in 98345?
Home values in 98345 are up 1.7% over the past year, and up 2.8% a year over five years.

#Comparable ZIPs

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

  • Silverdale CDP, WA

    Typical home
    $603,792
    Gross yield
    4.0%
  • Port Orchard, WA

    Typical home
    $616,014
    Gross yield
    4.9%
  • Port Gamble Tribal Community CDP, WA

    Typical home
    $665,231
    Gross yield
  • Tracyton CDP, WA

    Typical home
    $513,638
    Gross yield
    4.8%
  • Suquamish CDP, WA

    Typical home
    $671,765
    Gross yield
    4.2%
  • Port Orchard, WA

    Typical home
    $507,321
    Gross yield
    4.6%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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