How much is a home worth in ZIP code 98383?

The typical home in 98383 is worth $603,792, based on the Zillow Home Value Index.

Are home values rising in 98383?

Home values in 98383 are up 1.7% over the past year, and up 2.9% a year over five years.

What is the typical rent in 98383?

A typical home in 98383 rents for about $1,997 a month, a gross rental yield of 4.0%.

What is the property tax rate in 98383?

The effective property tax rate in 98383 is 0.7% — roughly $4,503 a year on a typical home.

ZIP code 98383 has a population of 21,604 and a median household income of $111,139.

HousingHandbookReference data

…

U.S. ZIP Code · WA98383

Kitsap County · Bremerton-Silverdale-Port Orchard, WA

Typical home value

$603,792^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.7%
5-year / yr: +2.9%
10-year / yr: +6.5%

Relative price

vs U.S.: +112.6%
vs metro: -1.0%
vs state: +20.0%

Price history

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

The typical home in 98383 is worth $603,792 — 1.0% below the Bremerton-Silverdale-Port Orchard, WA median. Over the past year, values have risen 1.7%. Homes here rent for a typical $1,997 a month — a 4.0% 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: $1,997^[2]
Gross yield: 4.0%^[2]
Cap rate: 2.4%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $4,503^[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: 21,604^[3]
Median household income: $111,139^[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: 6
Middle: 2
High: 2

Central Kitsap High School
High · Grades 9–12 · Central Kitsap School District
1,601 students
Klahowya Secondary
High · Grades 6–12 · Central Kitsap School District
977 students
Ridgetop Middle School
Middle · Grades 6–8 · Central Kitsap School District
737 students
Central Kitsap Middle School
Middle · Grades 6–8 · Central Kitsap School District
591 students
Emerald Heights Elementary
Elementary · Grades PK–5 · Central Kitsap School District
470 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 yield4.0%

Net yield (after ~40% expenses)2.4%

Annual rent$23,965

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$3,053

Loan principal$483,034

Down payment$120,758

Total interest paid$616,083

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 ratio1.97

Monthly cost to own$3,934

Monthly rent$1,997

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: 33rd percentile^[1]
Rental yield: 13th percentile^[2]
Property tax: 86th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98383?: The typical home in 98383 is worth $603,792, based on the Zillow Home Value Index.
Are home values rising in 98383?: Home values in 98383 are up 1.7% over the past year, and up 2.9% a year over five years.
What is the typical rent in 98383?: A typical home in 98383 rents for about $1,997 a month, a gross rental yield of 4.0%.
What is the property tax rate in 98383?: The effective property tax rate in 98383 is 0.7% — roughly $4,503 a year on a typical home.
Who lives in 98383?: ZIP code 98383 has a population of 21,604 and a median household income of $111,139.

#Comparable ZIPs

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

98367 vs 98383 →
Port Orchard, WA
Typical home
$616,014
Gross yield
4.9%
98345 vs 98383 →
Keyport CDP, WA
Typical home
$590,195
Gross yield
—
98346
Port Gamble Tribal Community CDP, WA
Typical home
$665,231
Gross yield
—
98370
Suquamish CDP, WA
Typical home
$671,765
Gross yield
4.2%
98311
Tracyton CDP, WA
Typical home
$513,638
Gross yield
4.8%
98366
Port Orchard, WA
Typical home
$507,321
Gross yield
4.6%

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

Compare ZIPs

Pit ZIP 98383 against any other ZIP — full side-by-side table.

Compare 98383 →

#Jump to section

U.S. ZIP Code · WA98383

Get more data on ZIPs like this

Get more data on ZIPs like this