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Port Townsend, Washington Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
8
Sold (12M)
16
Median Price
$250K
Market Condition
Balanced Market

Port Townsend, Washington Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$250K
Avg Price/Acre
$448K
Avg Days on Market
94
Months of Supply
6.0
YoY Price Change
+64.6%
New Listings (3M)
2

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres-112
5-10 acres1223
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL1335
📊 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 acres0 sold / 1 listed
1-2 acres0 sold / 1 listed
2-5 acres2 sold / 0 listed
5-10 acres3 sold / 0 listed

Median Price by Acreage

$0$206K$412K
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.0M
Last 12 months
Active Listings
8
Current inventory
Avg Days on Market
94
Time to sell
Price Trend (YoY)
+64.6%
Year over year

Port Townsend, Washington Land Market Analysis

How much is land worth in Port Townsend, Washington?

The median price for land in Port Townsend, Washington is currently $448K per acre. For a typical parcel, the median sale price is $250K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $80K while premium lots reached $408K.

Is now a good time to buy land in Port Townsend, Washington?

Port Townsend, Washington is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 64.6% year-over-year.

What is the months of supply for land in Port Townsend, Washington?

Port Townsend, Washington currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the absorption rate for land in Port Townsend, Washington?

The 3-month absorption rate in Port Townsend, Washington is 16.7%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Port Townsend, Washington?

There are currently 8 active listings in Port Townsend, Washington. 2 new listings have hit the market in the last 90 days. The median asking price is $210K.

What is the median land price in Port Townsend, Washington?

The median land price in Port Townsend, Washington stands at $250K. This translates to roughly $448K per acre for the typical parcel size. The average price is $248K, showing a fairly consistent market.

How long does it take to sell land in Port Townsend, Washington?

Land in Port Townsend, Washington typically sells within 94 days of listing. The median time on market is 43 days. Properties are moving at a moderate pace in the current balanced market.

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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