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Featured local agent — Belfair, WA
Sarah Mitchell
Compass Real Estate · Belfair, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Belfair, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$439,444median sale price
How is the Belfair, WA housing market right now?
The median home sale price in Belfair, WA is $439,444, up 2.2% year-over-year. Homes sell in an average of 17 days with 15 active listings. The market is currently a 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 Belfair a buyer's or seller's market?
Belfair, WA is currently a seller's market, based on 2.5 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
17
Fast-moving
Active listings
15
2.5 months supply
Sale-to-list
99.8%
Below asking
What does the Belfair housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $439,444 |
| Median list price | $442,000 |
| Year-over-year price change | +2.2% |
| Average days on market | 17 days |
| Active inventory | 15 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $313/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 12 |
| Listings with a price cut | 53.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Belfair by property type?
How the Belfair, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $439,444 | $313/sq ft | 6 | 17 days |
Source: Redfin · Updated monthly
The Belfair housing market is currently classified as a seller's market with a median sale price of $439,444. Prices have risen 2.2% compared to last year, with homes spending an average of 17 days on market, indicating 2.5 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 6.5x provides context for how home values compare to local earning capacity.
Homes for sale in Belfair
There are currently 15 homes listed for sale in Belfair, Washington. The median listing price is $442K.
Active listings
15
Homes on market
Median list price
$442K
Avg. days on market
17
Days until sale
New this week
12
Newly listed
Who lives in Belfair?
Population
4,601
Median income
$74,477/yr
Median age
31.5 years
Owner-occupied
74.8%
College grads
11.6%
Avg commute
37.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Belfair?
Zillow home value
$486,542
Zillow rent index
$2,265/mo
Price-to-rent ratio
17.9x
Price-to-income
6.5x
Source: Zillow Research
What is it like to live in Belfair?
Belfair is a community of approximately 5K residents with a median age of 31.5 years.The median household income is $74,477, which represents a working-class community with solid middle-income opportunities. 11.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Belfair offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Belfair?
7 schools tracked · 2,334 students
The largest public schools serving Belfair, 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.
North Mason Senior High School
Grades 9-12 · 698 students
Sand Hill Elementary
Grades K-5 · 547 students
Hawkins Middle School
Grades 6-8 · 470 students
Belfair Elementary
Grades PK-5 · 419 students
North Mason Homelink Program
Grades K-12 · 82 students
James A. Taylor High School
Grades 9-12 · 62 students
Mary E. Theler Early Learning Center
Grades PK-K · 56 students
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 Belfair, WA?
Want a head-to-head view? Compare Belfair side-by-side with any other U.S. city using our market-comparison tool.
Is Belfair a good real estate investment market?
For investors evaluating Belfair, the price-to-rent ratio of 17.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.2% 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 Belfair's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Belfair's median home price.
Frequently asked questions
What is the average home price in Belfair?
The median home sale price in Belfair is $439,444, up 2.2% from last year.
How long do homes stay on market in Belfair?
Homes typically spend 17 days on market before going under contract.
What is the median income in Belfair?
The median household income is $74,477 per year.
Is Belfair a buyer's or seller's market?
With 2.5 months of supply, Belfair is currently a seller's market.
What is the Zillow home value estimate for Belfair?
The Zillow Home Value Index (ZHVI) for Belfair is $486,542, representing the typical home value in the area.
How much does a single-family home cost in Belfair?
The median single-family home price in Belfair, WA is $439,444 (about $313 per square foot).
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