Why Live in Poulsbo
Poulsbo, Washington, often called “Little Norway,” is a bayside town with a rich Scandinavian heritage. The downtown corridor, set on the banks of Liberty Bay, features charming Norwegian-style architecture and vibrant murals depicting Viking history. This area attracts tourists with its locally owned seafood restaurants, European-style pubs, and unique shops. Attractions include the SEA Discovery Center and Poulsbo Heritage Museum. The town is supported by maritime industries and nearby naval bases, with many residents commuting to Seattle via the Washington State Ferry. The ferry trip to Seattle takes about 22 miles, while driving covers 80 miles. Poulsbo offers various outdoor activities, with Liberty Bay being a hub for kayaking, boating, and fishing. Parks like Liberty Bay Waterfront Park and Poulsbo’s Fish Park provide scenic views and recreational opportunities. Poulsbo’s housing market features Craftsman properties from the early 20th century, mid-20th-century ranch-style homes, and new traditional properties, with recent developments driven by remote workers. The North Kitsap School District, based in Poulsbo, is highly rated, with North Kitsap High being a top-ranked institution. The town has seen a significant drop in crime, with property crime decreasing by over 50% from 2022 to 2023. Poulsbo experiences four distinct seasons, with heavy precipitation in winter and spring, and a relatively low flood risk. However, the area has a high risk of earthquakes and occasional tsunamis. Recent infrastructural investments include a new roundabout on Highway 305 and the construction of Johnson Parkway to accommodate population growth.
Home Trends in Poulsbo, WA
On average, homes in Poulsbo, WA sell after 39 days on the market compared to the national average of 51 days. The median sale price for homes in Poulsbo, WA over the last 12 months is $699,990, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$699,990
Median Single Family Sale Price
$735,495
Median Townhouse Sale Price
$575,000
Median 2 Bedroom Sale Price
$322,500
Median 1 Bedroom Sale Price
$268,875
Average Price Per Sq Ft
$344
Number of Homes for Sale
125
Last 12 months Home Sales
376
Median List Price
$745,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%