Can You Afford a Home in Port Townsend, WA?
A typical home in Port Townsend is worth $644,009, up 0.2% over the past year. That is $36K above the Jefferson County typical of $607,624.
Assumes housing costs stay at 33% of gross income — the sustainable middle, not the maximum a lender would approve. A typical home in Port Townsend costs $644,009. Rates as of 5 September 2026; they move weekly and your quote will differ.
What each income level buys in Jefferson County
Prices below are what keeps housing at 33% of gross income, using Jefferson County’s 0.71% effective property tax rate. The Conventional column assumes 20% down; the zero-down columns finance the funding fee into the loan.
| Household income | Conventional | VA | Zero-down CU | FHA |
|---|---|---|---|---|
| $75,000 | $324,000 | $267,000 | $244,000 | $261,000 |
| $100,000 | $443,000 | $365,000 | $335,000 | $357,000 |
| $125,000 | $563,000 | $464,000 | $425,000 | $453,000 |
| $150,000 | $682,000 | $562,000 | $515,000 | $549,000 |
| $200,000 | $921,000 | $759,000 | $696,000 | $742,000 |
How Port Townsend compares to nearby towns
| Town | Typical home | Year over year | Income needed |
|---|---|---|---|
| Brinnon | $368,910 | +0.5% | $84,000 |
| Quilcene | $470,937 | +0.6% | $106,000 |
| Port Hadlock | $472,446 | +0.7% | $106,000 |
| Chimacum | $562,623 | -0.3% | $125,000 |
| Port Townsend (this page) | $644,009 | +0.2% | $142,000 |
| Port Ludlow | $659,342 | -0.5% | $145,000 |
| Nordland | $801,881 | -0.2% | $175,000 |
If Port Townsend is out of reach, Brinnon, Quilcene, Port Hadlock, Chimacum sit lower in the same county — same commute shed, same schools district-by-district, less money.
What this does not tell you
These are typical values, not listings. Half the homes in Port Townsend sell for less than $644,009, and condos and townhomes sit well below it. Property tax is a county-wide effective rate, so your parcel will differ. Insurance is a state average. Run your own numbers with your own quote before you take any of this as settled.