How much is a home worth in ZIP code 98366?

The typical home in 98366 is worth $507,321, based on the Zillow Home Value Index.

Are home values rising in 98366?

Home values in 98366 are up 2.4% over the past year, and up 3.1% a year over five years.

What is the typical rent in 98366?

A typical home in 98366 rents for about $1,937 a month, a gross rental yield of 4.6%.

What is the property tax rate in 98366?

The effective property tax rate in 98366 is 0.7% — roughly $3,719 a year on a typical home.

ZIP code 98366 has a population of 36,965 and a median household income of $92,011.

HousingHandbookReference data

…

U.S. ZIP Code · WA98366

Kitsap County · Bremerton-Silverdale-Port Orchard, WA

Typical home value

$507,321^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.4%
5-year / yr: +3.1%
10-year / yr: +7.3%

Relative price

vs U.S.: +78.6%
vs metro: -16.8%
vs state: ≈ state median

Price history

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

The typical home in 98366 is worth $507,321 — 16.8% below the Bremerton-Silverdale-Port Orchard, WA median. Over the past year, values have risen 2.4%. Homes here rent for a typical $1,937 a month — a 4.6% 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: $1,937^[2]
Gross yield: 4.6%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $3,719^[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: 36,965^[3]
Median household income: $92,011^[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: 13
Elementary: 5
Middle: 3
High: 3

South Kitsap High School
High · Grades 9–12 · South Kitsap School District
2,417 students
John Sedgwick Middle School
Middle · Grades 6–8 · South Kitsap School District
705 students
Cedar Heights Middle School
Middle · Grades 6–8 · South Kitsap School District
660 students
Marcus Whitman Middle School
Middle · Grades 6–8 · South Kitsap School District
654 students
Orchard Heights Elementary
Elementary · Grades PK–5 · South Kitsap School District
550 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 yield4.6%

Net yield (after ~40% expenses)2.7%

Annual rent$23,244

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$2,565

Loan principal$405,857

Down payment$101,464

Total interest paid$517,648

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 ratio1.70

Monthly cost to own$3,297

Monthly rent$1,937

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: 40th percentile^[1]
Rental yield: 38th percentile^[2]
Property tax: 64th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98366?: The typical home in 98366 is worth $507,321, based on the Zillow Home Value Index.
Are home values rising in 98366?: Home values in 98366 are up 2.4% over the past year, and up 3.1% a year over five years.
What is the typical rent in 98366?: A typical home in 98366 rents for about $1,937 a month, a gross rental yield of 4.6%.
What is the property tax rate in 98366?: The effective property tax rate in 98366 is 0.7% — roughly $3,719 a year on a typical home.
Who lives in 98366?: ZIP code 98366 has a population of 36,965 and a median household income of $92,011.

#Comparable ZIPs

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

98311 vs 98366 →
Tracyton CDP, WA
Typical home
$513,638
Gross yield
4.8%
98312 vs 98366 →
Bremerton, WA
Typical home
$499,865
Gross yield
4.8%
98392
Suquamish CDP, WA
Typical home
$485,686
Gross yield
—
98310
Bremerton, WA
Typical home
$465,300
Gross yield
4.6%
98345
Keyport CDP, WA
Typical home
$590,195
Gross yield
—
98383
Silverdale CDP, WA
Typical home
$603,792
Gross yield
4.0%

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#Jump to section

U.S. ZIP Code · WA98366

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