SIALIMStatistical Intelligence for America's Local Investment Markets

98312Bremerton, WA Home Values

Typical home value $502,781 as of June 2026 · 13th of 16 in Bremerton-Silverdale-Port Orchard, WA

Typical value — June 2026
$502,781
observed, not a forecast
Past 12 months
+1.8%
trailing year-over-year change
Past 5 years
+9.0%
June 2021 to June 2026
Rank in metro
13th
of 16 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 98312, June 2021 to June 2026. This page shows observed data only; no forecast.

How 98312 compares in the Bremerton-Silverdale-Port Orchard, WA area

ZIP code 98312 (Bremerton, WA) has a typical home value of $502,781 as of June 2026, ranking 13th of 16 ZIP codes tracked in the Bremerton-Silverdale-Port Orchard, WA area, more expensive than about 25% of ZIP codes in the metro. Prices here have moved +1.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +9.0%, from $461,432 in June 2021 to $502,781 in June 2026. Against observed rent, the typical home here sells for 19.8× the annual rent ($2,111/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Bremerton-Silverdale-Port Orchard, WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Bremerton.

Population and demographics

ZIP code 98312 has a population of 34,273, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70.3% White, 11.3% Hispanic or Latino, 7.2% two or more races, 4.4% Black or African American, 4% Asian, 1.1% Native Hawaiian or Pacific Islander, 1% American Indian or Alaska Native, and 0.6% another race.

Nearby public schools

SchoolAddressDistance
Kitsap Lake Elementary1111 Carr Blvd., Bremerton, WA3.2 mi
Green Mountain Elementary3860 BOUNDARY TRAIL NW, BREMERTON, WA3.5 mi
John D. Bud Hawk Elementary at Jackson Park2900 AUSTIN DR, BREMERTON, WA3.6 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 98312?

$502,781 as of June 2026, the latest month Zillow has published observed data for.

Is 98312 an expensive ZIP code in the Bremerton-Silverdale-Port Orchard, WA area?

98312 ranks 13th of 16 ZIP codes in the Bremerton-Silverdale-Port Orchard, WA area by typical home value, more expensive than about 25% of ZIP codes in the metro.

How much have home values in 98312 changed over the past year?

+1.8% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 98312?

The typical home price is 19.8× the observed annual rent in this ZIP code ($2,111/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 98312?

34,273, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 98312?

Kitsap Lake Elementary (3.2 mi), Green Mountain Elementary (3.5 mi), John D. Bud Hawk Elementary at Jackson Park (3.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 98312?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Bremerton-Silverdale-Port Orchard, WA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.