ZIP Code Market Report
98325 — Port Ludlow, WA
Data through February 2026 · Updated monthly
Avg Home Value
$524,578
▲ 0.4% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$526,676
Condo / Co-op
--
The average home value in the 98325 ZIP code (Port Ludlow, WASHINGTON) is $524,578 as of February 2026. Home prices are stable, up 0.4% compared to last year.
A 3-bedroom home in 98325 is valued at $571,987.
The market in 98325 has a $381,501 spread between bottom-tier homes at $362,289 and top-tier homes at $743,789. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Jefferson County market area in WASHINGTON. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Jefferson County report.
Free Home Value Estimate
What's your home worth in 98325 (Port Ludlow)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
98325 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $533,660 | $528,294 | $524,578 | ▼ 1.7% |
| Single Family Value | $526,431 | $527,008 | $526,676 | No Change |
Home Values
98325 Home Value Trend
Historical home values for ZIP code 98325. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 98325
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $500,028 |
| 3 Bedrooms | $571,987 |
Property Types
Home Values by Property Type in 98325
How different property types compare in this ZIP code.
All Homes
$524,578
Single Family
$526,676
Bottom Tier
$362,289
Top Tier
$743,789
Data Sources and Methodology
Home value data for ZIP code 98325 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Port Ludlow?
Run your ARV and MAO instantly with live market data