All Countries
Martha Lake, WA
Full City Profile · Washington · Kitsap County County
3.5
/5.0
B+
Good
22,740
Population
4,998/sq mi density
$132,130
Median Income
$52,621 per capita
$725,400
Home Value
$973,913 Zillow
$2,014
Median Rent
27.4% income on rent
51°F
Avg Temperature
249 sunny days/yr
127
Violent Crime/100K
2,325 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$132,130 median income, 3.3% unemployment
B+
Affordability
3.6 / 5.0
$725,400 home value, $2,014/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
A+
Education
4.8 / 5.0
47.5% bachelor's degree or higher
Housing Overview
Median Home Value
$725,400
157% above
US avg: $281,900
Median Rent
$2,014/mo
73% above
US avg: $1,163/mo
Homeownership Rate
62.4%
5% below US avg (65.4%)
Total Housing Units
8,001
Median year built: 1998
Home Value by Source
Census Median
$725,400
Zillow (ZHVI)
$973,913
Median Sale Price
$1,006,975
Median List Price
$817,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.4%
Owner-Occupied
37.6%
Renter-Occupied
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:
$2,014/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
35.3%
of listings with price reduction
Price Per Sq Ft
$480
Active Inventory
34
homes for sale
Affordability & Housing Stock
Rent Burden
27.4%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
62.4%
Complete Housing Data
Home Values
| Census Median Value | $725,400 |
| Zillow Home Value (ZHVI) | $973,913 |
| Median Sale Price | $1,006,975 |
| Median List Price | $817,500 |
| Price Per Sq Ft | $480 |
Rent
| Census Median Rent | $2,014 |
| 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 Market | 38 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 35.3% |
| Homes Sold | 20 |
| Active Inventory | 34 |
| Price Per Sq Ft | $480 |
Ownership & Stock
| Owner-Occupied | 62.4% |
| Renter-Occupied | 37.6% |
| Homeownership Rate | 62.4% |
| Total Housing Units | 8,001 |
| Median Year Built | 1998 |
| Rent Burden | 27.4% |