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Featured local agent — Erlands Point-Kitsap Lake, WA
Sarah Mitchell
Compass Real Estate · Erlands Point-Kitsap Lake, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Erlands Point-Kitsap Lake, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$315,000median sale price
How is the Erlands Point-Kitsap Lake, WA housing market right now?
The median home sale price in Erlands Point-Kitsap Lake, WA is $315,000, down 37.0% year-over-year. Homes sell in an average of 76 days with 7 active listings. The market is currently a buyer'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 Erlands Point-Kitsap Lake a buyer's or seller's market?
Erlands Point-Kitsap Lake, WA is currently a buyer's market, based on 7.0 months of supply and homes selling in about 76 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
76
Average pace
Active listings
7
7.0 months supply
Sale-to-list
94.0%
Below asking
What does the Erlands Point-Kitsap Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $315,000 |
| Median list price | $619,475 |
| Year-over-year price change | -37.0% |
| Average days on market | 76 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 94.0% |
| Median price per sq ft | $242/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 42.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Erlands Point-Kitsap Lake by property type?
How the Erlands Point-Kitsap Lake, 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 | $315,000 | $242/sq ft | 1 | 76 days |
| Condo / Co-op | $308,312 | $271/sq ft | 1 | 85 days |
| Townhouse | $280,156 | $248/sq ft | 2 | 74 days |
Source: Redfin · Updated monthly
The Erlands Point-Kitsap Lake housing market is currently classified as a buyer's market with a median sale price of $315,000. Prices have fallen 37.0% compared to last year, with homes spending an average of 76 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Erlands Point-Kitsap Lake
There are currently 7 homes listed for sale in Erlands Point-Kitsap Lake, Washington. The median listing price is $619K.
Active listings
7
Homes on market
Median list price
$619K
Avg. days on market
76
Days until sale
New this week
2
Newly listed
Which cities are near Erlands Point-Kitsap Lake, WA?
Want a head-to-head view? Compare Erlands Point-Kitsap Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Erlands Point-Kitsap Lake?
The median home sale price in Erlands Point-Kitsap Lake is $315,000, down 37.0% from last year.
How long do homes stay on market in Erlands Point-Kitsap Lake?
Homes typically spend 76 days on market before going under contract.
Is Erlands Point-Kitsap Lake a buyer's or seller's market?
With 7.0 months of supply, Erlands Point-Kitsap Lake is currently a buyer's market.
What is the median condo price in Erlands Point-Kitsap Lake?
The median condo/co-op sale price in Erlands Point-Kitsap Lake, WA is $308,312, compared to $315,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Erlands Point-Kitsap Lake?
The median single-family home price in Erlands Point-Kitsap Lake, WA is $315,000 (about $242 per square foot).
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