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Bainbridge Island, Washington Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
26
Sold (12M)
34
Median Price
$267K
Market Condition
Strong Buyer's Market

Bainbridge Island, Washington Market Meter

Buyer'sSeller's
Strong Buyer's Market

13.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$267K
Avg Price/Acre
$336K
Avg Days on Market
51
Months of Supply
13.0
YoY Price Change
-17.3%
New Listings (3M)
8

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-2413
1-2 acres12210
2-5 acres-136
5-10 acres-122
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL161131
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres13 sold / 19 listed
1-2 acres10 sold / 3 listed
2-5 acres6 sold / 1 listed
5-10 acres2 sold / 3 listed

Median Price by Acreage

$0$347K$694K
0- 1
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$13.6M
Last 12 months
Active Listings
26
Current inventory
Avg Days on Market
51
Time to sell
Price Trend (YoY)
-17.3%
Year over year

Bainbridge Island, Washington Land Market Analysis

How much is land worth in Bainbridge Island, Washington?

The median price for land in Bainbridge Island, Washington is currently $336K per acre. For a typical parcel, the median sale price is $267K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $120K while premium lots reached $906K.

Is now a good time to buy land in Bainbridge Island, Washington?

Bainbridge Island, Washington is currently a strong buyer's market with 13.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 17.3% year-over-year.

What is the months of supply for land in Bainbridge Island, Washington?

Bainbridge Island, Washington currently has 13.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

Is now a good time to invest in land in Bainbridge Island, Washington?

The current absorption rate in Bainbridge Island, Washington is 7.7% (3-month basis), indicating slow demand. With depreciating values (-17.3% YoY), buyers may find value opportunities.

How long does it take to sell land in Bainbridge Island, Washington?

Land in Bainbridge Island, Washington typically sells within 51 days of listing. The median time on market is 35 days. Properties are moving quickly in the current strong buyer's market.

What is the median land price in Bainbridge Island, Washington?

The median land price in Bainbridge Island, Washington stands at $267K. This translates to roughly $336K per acre for the typical parcel size. The average price is $399K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Bainbridge Island, Washington?

Land in Bainbridge Island, Washington averages $23.2M per acre. The median price per acre is $336K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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