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Home values, rents and more in ZIP code 98368 (Port Townsend, WA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$626,000
Metro: $594,000 · U.S.: $366,000
Home values, past year
−0.7%
Metro: −0.5% · U.S.: +1.2%
Typical rent
$2,450/mo
U.S.: $1,932
Population
17,304
ACS 2020–24
Median household income
$69,688
Metro: $74,048 · U.S.: $80,734
ZIP codes around 98368, shaded by typical home value9836898382983769836598282982399832598346982499825398358
  • Under $500k
  • $500k–$630k
  • $630k–$660k
  • $660k–$730k
  • $730k+
  • No data
ZIP codes around 98368, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 98368 is outlined.

How 98368 compares

The typical home in ZIP code 98368 (Port Townsend, WA) is worth about $626,000, according to the Zillow Home Value Index for September 2026. Home values in 98368 are 5% above the typical value in the Port Townsend metro area ($594,000) and 1.7 times the U.S. typical value ($366,000).

Over the past year, home values in 98368 fell 0.7%, compared with −0.5% in the Port Townsend metro area and +1.2% nationally.

Typical rent is $2,450 a month (Zillow Observed Rent Index), 27% above the U.S. ($1,932).

The median household income is $69,688, against $74,048 in the Port Townsend metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 17,304 people live in 98368 (American Community Survey 2020–24).

98368 has the 3rd-highest typical home value of the 8 ZIP codes in the Port Townsend metro area and the 139th-highest of 484 in Washington with Zillow figures.

Part of: Port Townsend, WA · Jefferson County, WA · Port Townsend metro area · Washington

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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