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Featured local agent — Bainbridge Island, WA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bainbridge Island, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bainbridge Island, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bainbridge Island, WA Housing Market & Real Estate

Strong seller's market+3.3% YoY

Housing market overview · Updated monthly ·

$1.28Mmedian sale price

How is the Bainbridge Island, WA housing market right now?

The median home sale price in Bainbridge Island, WA is $1.28M, up 3.3% year-over-year. Homes sell in an average of 7 days with 92 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bainbridge Island a buyer's or seller's market?

Strong seller's market1.9 months of supply7 avg. days on market

Bainbridge Island, WA is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 7 days. How we determine this →

Homes sold

49

Last 12 weeks

Days on market

7

Fast-moving

Active listings

92

1.9 months supply

Sale-to-list

98.7%

Below asking

What does the Bainbridge Island housing market data show?

Current housing market statistics for Bainbridge Island, WA
MetricValue
Median sale price$1.28M
Median list price$1.48M
Year-over-year price change+3.3%
Average days on market7 days
Active inventory92 listings
Months of supply1.9 months
Sale-to-list price ratio98.7%
Median price per sq ft$592/sq ft
Homes sold (latest month)49
New listings (latest month)77
Listings with a price cut20.6%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Bainbridge Island by property type?

How the Bainbridge Island, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bainbridge Island, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.45M$576/sq ft357 days
Condo / Co-op$580,000$654/sq ft715 days
Townhouse$720,000$592/sq ft76 days

Source: Redfin · Updated monthly

The Bainbridge Island housing market is currently classified as a strong seller's market with a median sale price of $1.28M. Prices have risen 3.3% compared to last year, with homes spending an average of 7 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.5x provides context for how home values compare to local earning capacity.

Homes for sale in Bainbridge Island

There are currently 92 homes listed for sale in Bainbridge Island, Washington. The median listing price is $1.5M.

Active listings

92

Homes on market

Median list price

$1.5M

Avg. days on market

7

Days until sale

New this week

77

Newly listed

Price drops:20.6%of listings
Sale-to-list:98.7%

Who lives in Bainbridge Island?

Population

24,607

Median income

$159,882/yr

Median age

49 years

Owner-occupied

81.2%

College grads

75.0%

Avg commute

39.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Bainbridge Island?

Zillow home value

$1.19M

Zillow rent index

$3,151/mo

Price-to-rent ratio

31.6x

Price-to-income

7.5x

Source: Zillow Research

What is it like to live in Bainbridge Island?

Bainbridge Island is a community of approximately 25K residents with a median age of 49 years.The median household income is $159,882, which reflects a relatively affluent area with strong earning potential. 75.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 81.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Bainbridge Island offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bainbridge Island?

10 schools tracked · 3,554 students

The largest public schools serving Bainbridge Island, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bainbridge High School

Grades 9-12 · 1,181 students

Public

Woodward Middle School

Grades 7-8 · 497 students

Public

Sonoji Sakai Intermediate

Grades 5-6 · 459 students

Public

Capt Johnston Blakely Elem Sch

Grades PK-4 · 364 students

Public

Ordway Elementary

Grades K-4 · 346 students

Public

Halilts Elementary School

Grades PK-4 · 344 students

Public

Odyssey Multiage Program

Grades K-8 · 197 students

Public

Eagle Harbor High School

Grades 9-12 · 87 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bainbridge Island, WA?

Want a head-to-head view? Compare Bainbridge Island side-by-side with any other U.S. city using our market-comparison tool.

Is Bainbridge Island a good real estate investment market?

For investors evaluating Bainbridge Island, the price-to-rent ratio of 31.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bainbridge Island's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bainbridge Island's median home price.

Frequently asked questions

What is the average home price in Bainbridge Island?

The median home sale price in Bainbridge Island is $1.28M, up 3.3% from last year.

How long do homes stay on market in Bainbridge Island?

Homes typically spend 7 days on market before going under contract.

What is the median income in Bainbridge Island?

The median household income is $159,882 per year.

Is Bainbridge Island a buyer's or seller's market?

With 1.9 months of supply, Bainbridge Island is currently a strong seller's market.

What is the Zillow home value estimate for Bainbridge Island?

The Zillow Home Value Index (ZHVI) for Bainbridge Island is $1.19M, representing the typical home value in the area.

What is the median condo price in Bainbridge Island?

The median condo/co-op sale price in Bainbridge Island, WA is $580,000, compared to $1.45M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Bainbridge Island?

The median single-family home price in Bainbridge Island, WA is $1.45M (about $576 per square foot).

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