Port Angeles housing market

Strong buyer's marketPort Angeles, WA metro areaData through Sep 2026
Typical home value
$489K
▼ 1.0% 1 yr
Typical rent
$2,179/mo
▲ 4.6% 1 yr
12-month forecast
+0.6%
#431 of 546 metros
Gross rent yield
5.4%
#367 of 546 · U.S. 6.3%
Days to pending
55 days
▲ +3 days 1 yr
Listings with a price cut
31%
▲ +3.7 pts 1 yr

Key takeaways

  • 1The typical home is worth $488,509, down 1.0% in a year and up 14% over five years.
  • 2Zillow forecasts home values rising 0.6% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $2,179/mo (+4.6% YoY), a 5.4% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,685/mo in principal and interest, $506 more than renting.
  • 5Homes go under contract in 55 days (+3 days vs last year); 31% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 20/100, #534 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $489K
$259K$333K$407K$481K2016201920222025
Typical monthly rent
Latest $2,179
$1,916$1,998$2,079$2,1612023202420252026

How fast homes are selling

Days to go under contract
Latest 55
1737587820182020202220242026
Share of listings with a price cut
Latest 30.6%
8.6%15.4%22.2%29.0%20182020202220242026
Homes for sale vs new listings
Latest 449
For saleNew listings
7822336851320182020202220242026
Share of homes sold above list price
Latest 19.5%
16.4%31.3%46.3%61.2%20182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Port Angeles compares

MeasurePort AngelesUnited StatesRank of 546
Home value, 1-yr change−1.0%+1.2%#497
Home value, 5-yr change+13.7%+19.7%
12-month forecast+0.6%+1.1%#431
Rent, 1-yr change+4.6%+2.7%#143
Gross rent yield5.4%6.3%#367
Price-to-rent ratio18.715.8
Mortgage P&I on typical home$2,685$2,012
Days to pending5556

Run the numbers

Other Washington metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.