How much is a home worth in ZIP code 98370?

The typical home in 98370 is worth $671,765, based on the Zillow Home Value Index.

Are home values rising in 98370?

Home values in 98370 are up 1.3% over the past year, and up 3.2% a year over five years.

What is the typical rent in 98370?

A typical home in 98370 rents for about $2,373 a month, a gross rental yield of 4.2%.

What is the property tax rate in 98370?

The effective property tax rate in 98370 is 0.7% — roughly $4,996 a year on a typical home.

ZIP code 98370 has a population of 33,655 and a median household income of $116,756.

HousingHandbookReference data

…

U.S. ZIP Code · WA98370

Kitsap County · Bremerton-Silverdale-Port Orchard, WA

Typical home value

$671,765^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.3%
5-year / yr: +3.2%
10-year / yr: +6.7%

Relative price

vs U.S.: +136.5%
vs metro: +10.1%
vs state: +33.5%

Price history

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

The typical home in 98370 is worth $671,765 — 10.1% above the Bremerton-Silverdale-Port Orchard, WA median. Over the past year, values have risen 1.3%. Homes here rent for a typical $2,373 a month — a 4.2% 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: $2,373^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $4,996^[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: 33,655^[3]
Median household income: $116,756^[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: 6
Elementary: 3
Middle: 1
High: 1

North Kitsap High School
High · Grades 9–12 · North Kitsap School District
1,097 students
Poulsbo Middle School
Middle · Grades 6–8 · North Kitsap School District
670 students
Vinland Elementary
Elementary · Grades PK–5 · North Kitsap School District
515 students
Poulsbo Elementary School
Elementary · Grades PK–5 · North Kitsap School District
465 students
Hilder Pearson Elementary
Elementary · Grades PK–5 · North Kitsap School District
299 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 yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$28,479

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$3,397

Loan principal$537,412

Down payment$134,353

Total interest paid$685,439

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 ratio1.84

Monthly cost to own$4,371

Monthly rent$2,373

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: 47th percentile^[1]
Rental yield: 25th percentile^[2]
Property tax: 79th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98370?: The typical home in 98370 is worth $671,765, based on the Zillow Home Value Index.
Are home values rising in 98370?: Home values in 98370 are up 1.3% over the past year, and up 3.2% a year over five years.
What is the typical rent in 98370?: A typical home in 98370 rents for about $2,373 a month, a gross rental yield of 4.2%.
What is the property tax rate in 98370?: The effective property tax rate in 98370 is 0.7% — roughly $4,996 a year on a typical home.
Who lives in 98370?: ZIP code 98370 has a population of 33,655 and a median household income of $116,756.

#Comparable ZIPs

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

98346 vs 98370 →
Port Gamble Tribal Community CDP, WA
Typical home
$665,231
Gross yield
—
98380 vs 98370 →
Seabeck CDP, WA
Typical home
$707,541
Gross yield
—
98340
Hansville CDP, WA
Typical home
$717,420
Gross yield
—
98342
Indianola CDP, WA
Typical home
$718,104
Gross yield
—
98359
Burley CDP, WA
Typical home
$722,330
Gross yield
—
98367
Port Orchard, WA
Typical home
$616,014
Gross yield
4.9%

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Pit ZIP 98370 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WA98370

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