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Alderwood Manor, WA

Full City Profile · Washington · Kitsap County County

3.3 /5.0
B Good
10,168 Population 5,296/sq mi density
$118,077 Median Income $49,420 per capita
$651,300 Home Value $985,531 Zillow
$1,933 Median Rent 29.7% income on rent
51°F Avg Temperature 249 sunny days/yr
78 Violent Crime/100K 1,167 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$118,077 median income, 3.7% unemployment
B+
Affordability
3.6 / 5.0
$651,300 home value, $1,933/mo rent
F
Safety
1.0 / 5.0
78 violent crimes/100K
A
Education
4.1 / 5.0
38.6% bachelor's degree or higher

Housing Overview

Median Home Value
$651,300
131% above
US avg: $281,900
Median Rent
$1,933/mo
66% above
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
3,582
Median year built: 1985

Home Value by Source

Census Median
$651,300
Zillow (ZHVI)
$985,531
Median Sale Price
$860,000
Median List Price
$779,975
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.9%
Owner-Occupied
27.1%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,933/mo

Market Indicators (Redfin)

Median Days on Market
15 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$467
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
72.9%

Complete Housing Data

Home Values

Census Median Value$651,300
Zillow Home Value (ZHVI)$985,531
Median Sale Price$860,000
Median List Price$779,975
Price Per Sq Ft$467

Rent

Census Median Rent$1,933
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market15
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold5
Active Inventory4
Price Per Sq Ft$467

Ownership & Stock

Owner-Occupied72.9%
Renter-Occupied27.1%
Homeownership Rate72.9%
Total Housing Units3,582
Median Year Built1985
Rent Burden29.7%