Similar to the surrounding areas, it is substantially more expensive compared to the US as a whole. However it is substantially less expensive compared to the city of Seattle.
Home prices
The median home in Port Townsend costs $338,000. In comparison to its nearby areas this is roughly $15,140 (4%) lower.It is about $120,500 (55%) higher compared to the country as a whole, and compared to the city of Seattle it is about $325,100 (49%) lower.
Rents
In Port Townsend the median rent is $957 per month. Compared to nearby areas this is approximately $80 (7%) lower.Compared to the entire country it is approximately $105 (9%) lower, and it is approximately $657 (40%) lower in comparison to the city of Seattle.
Nearby places
Marrowstone
Marrowstone is about 5 miles southeast from Port Townsend. Real estate prices there are substantially more expensive. The median home in Marrowstone costs $530,300, which is $192,300 (36%) higher than Port Townsend. Rents there are a little more expensive. Marrowstone's median monthly rent is $1,125, which works out to $168 (14%) higher than Port Townsend.
Port Hadlock-Irondale
Port Hadlock-Irondale is approximately 5 miles south of Port Townsend. The real estate prices there are significantly less expensive. Port Hadlock-Irondale's median home price is $238,800, which is $99,200 (41%) lower than Port Townsend. Rent there is a little less expensive. The median rent in Port Hadlock-Irondale is $836 a month, which is $121 (14%) lower than Port Townsend.
Coupeville
Coupeville is roughly 7 miles northeast from Port Townsend. The real estate prices there are similar. The median home in Coupeville is valued at $342,800, which comes out to $4,800 (1%) higher than Port Townsend. Rent there is a bit less expensive. Coupeville's median monthly rent is $779, which comes out to $178 (22%) lower than Port Townsend.
Freeland
Freeland is roughly 11 miles southeast from Port Townsend. The housing prices there are a bit more expensive. Freeland's median home cost is $376,300, which is $38,300 (10%) higher than Port Townsend. Its rents are somewhat more expensive. The median monthly rent in Freeland is $1,211, which works out to $254 (20%) higher than Port Townsend.
Oak Harbor
Oak Harbor is approximately 11 miles northeast of Port Townsend. Its housing prices are a bit less expensive. Oak Harbor's median home price is $277,500, which comes out to $60,500 (21%) lower than Port Townsend. Rents there are a bit more expensive. The median monthly rent in Oak Harbor is $1,234, which is $277 (22%) higher than Port Townsend.
