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Cottage Lake, WA

Full City Profile · Washington · Kitsap County County

3.6 /5.0
B+ Good
23,170 Population 1,019/sq mi density
$197,331 Median Income $87,194 per capita
$1,164,000 Home Value $1,362,377 Zillow
$2,374 Median Rent 27.9% income on rent
53°F Avg Temperature 249 sunny days/yr
70 Violent Crime/100K 3,839 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$197,331 median income, 2.3% unemployment
B
Affordability
3.3 / 5.0
$1,164,000 home value, $2,374/mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
A+
Education
5.0 / 5.0
67.7% bachelor's degree or higher

Housing Overview

Median Home Value
$1,164,000
313% above
US avg: $281,900
Median Rent
$2,374/mo
104% above
US avg: $1,163/mo
Homeownership Rate
91.7%
40% above US avg (65.4%)
Total Housing Units
8,018
Median year built: 1985

Home Value by Source

Census Median
$1,164,000
Zillow (ZHVI)
$1,362,377
Median Sale Price
$1,535,000
Median List Price
$1,530,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.7%
Owner-Occupied
8.3%
Renter-Occupied
92%
8%
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: $2,374/mo

Market Indicators (Redfin)

Median Days on Market
20 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
25
Price Drops
7.1%
of listings with price reduction
Price Per Sq Ft
$570
Active Inventory
28
homes for sale

Affordability & Housing Stock

Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
91.7%

Complete Housing Data

Home Values

Census Median Value$1,164,000
Zillow Home Value (ZHVI)$1,362,377
Median Sale Price$1,535,000
Median List Price$1,530,000
Price Per Sq Ft$570

Rent

Census Median Rent$2,374
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 Market20
Sale-to-List Ratio1.0%
Price Drops7.1%
Homes Sold25
Active Inventory28
Price Per Sq Ft$570

Ownership & Stock

Owner-Occupied91.7%
Renter-Occupied8.3%
Homeownership Rate91.7%
Total Housing Units8,018
Median Year Built1985
Rent Burden27.9%