Comprehensive market data and analysis• Updated Oct 2026
7.2 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 15 |
| 1-2 acres | - | 2 | 2 | 2 |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 5 | 8 | 22 |
Acreage buckets
The median price for land in Port Townsend, Washington is currently $565K per acre. For a typical parcel, the median sale price is $290K. 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 $540K.
Port Townsend, Washington is currently a balanced market with 7.2 months of supply. Conditions favor neither buyers nor sellers significantly.
Port Townsend, Washington currently has 7.2 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Port Townsend, Washington is 13.9%. The 12-month rate is 15.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 12 active listings in Port Townsend, Washington. The median asking price is $190K.
The median land price in Port Townsend, Washington stands at $290K. This translates to roughly $565K per acre for the typical parcel size. The average price is $340K, indicating some higher-priced properties pulling up the average.
Land in Port Townsend, Washington typically sells within 88 days of listing. The median time on market is 70 days. Properties are moving at a moderate pace in the current balanced market.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Port Townsend on LandyDandy.
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