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Belfair WA, September 2015Photo: Orange Suede Sofa · CC BY-SA 3.0
Housing in Belfair

51 homes sold in Belfair in the last year, at a typical $429K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Belfair homes are listed.

Homes sold
51
June 2025 to May 2026
Typical sale price
$429K
median, weighted by sales
Price per square foot
$311
Washington $360
Paid vs. asking
99.8%
43% sold over asking
For sale now
15
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 98% of Belfair’s sales, at a typical $424K

51 homes sold in the year to May 2026.

Houses$424K

typical sale · 50 sold in 12 months

Per square foot
$314WA $348
Days to sell
21
Sold over asking
42%
Listings with a price cut
38%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $560K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2025, at twice the 2016 price

51 sales in the last year, against 138 in 2024 and a low of 33 in 2012. The typical sale went from $209K in 2016 to $429K.

Homes soldTypical sale price
03775112150$200K$300K$400K$500K2012: 33 sold, typical $152K’122013: 43 sold, typical $160K2014: 55 sold, typical $169K’142015: 59 sold, typical $184K2016: 71 sold, typical $209K’162017: 77 sold, typical $232K2018: 85 sold, typical $256K’182019: 64 sold, typical $304K2020: 67 sold, typical $315K’202021: 83 sold, typical $394K2022: 68 sold, typical $425K’222023: 67 sold, typical $460K2024: 138 sold, typical $462K’242025: 69 sold, typical $443KLast 12 months: 51 sold, typical $429KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Belfair

Houseat $314 a sq ft
The same money in Washingtonat $348 a sq ft

Is this asking price fair?

Check a listing against what Belfair homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Belfair are back to pre-pandemic levels, with about as many homes for sale

We read every month of Belfair’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 51 sales.

If you’re buying in Belfair

  • Shop in May. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (39% over asking).
  • You can negotiate. 36% of listings have cut their price, against 32% before the pandemic.
  • Bid near asking. Buyers paid 99.8% of the list price on average; 43% paid over.
  • You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 20 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 10 a month), but June is the most competitive: 49% of June sales close over asking. May offers nearly as much choice with fewer homes bid up (39%). February has the least competition (25%) but only about 5 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 5 new listings a month, 32% sold over asking, 44 days to sellJFeb: 5 new listings a month, 25% sold over asking, 44 days to sellFMar: 7 new listings a month, 39% sold over asking, 34 days to sellMApr: 8 new listings a month, 41% sold over asking, 27 days to sellAMay: 9 new listings a month, 39% sold over asking, 41 days to sellMJun: 10 new listings a month, 49% sold over asking, 14 days to sellJJul: 10 new listings a month, 43% sold over asking, 16 days to sellJAug: 8 new listings a month, 49% sold over asking, 20 days to sellASep: 8 new listings a month, 48% sold over asking, 20 days to sellSOct: 6 new listings a month, 35% sold over asking, 27 days to sellONov: 6 new listings a month, 36% sold over asking, 27 days to sellNDec: 3 new listings a month, 40% sold over asking, 23 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Washington

Belfair now2017–192021 peakWA now
Sold over askingShare of sales that closed above the list price43%46%72%27%
Gone within two weeksShare of homes under contract within 14 days44%59%69%39%
Listings with a price cutShare of homes for sale that cut their price36%32%52%30%
Price paid vs. askingAverage sale price ÷ list price99.8%100.2%103.5%99.2%
Days to sellMedian days from listing to contract20231033
Supply

9 homes for sale on a typical day

That’s 3.1 times the 2020 low (3), 12% fewer than in 2017–19 and well under 2014’s 27.

2012: 22 for sale’122013: 24 for sale2014: 27 for sale2015: 21 for sale’152016: 16 for sale2017: 14 for sale2018: 9 for sale’182019: 7 for sale2020: 3 for sale2021: 5 for sale’212022: 7 for sale2023: 11 for sale2024: 15 for sale’242025: 7 for saleLast 12 months: 9 for saleNow
Room to negotiate

1 in 3 listings has cut its price

36% in the last year, against 32% in 2017–19 and 30% across Washington.

2015: 23%’152016: 24%2017: 26%2018: 33%’182019: 45%2020: 36%2021: 52%’212022: 39%2023: 45%2024: 25%’242025: 42%Last 12 months: 36%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Belfair home costs about $2,471 a month

Mortgage
Property tax
Insurance
Rent

Price: Belfair’s typical sale, last 12 months. Property tax at Belfair’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Belfair is affordable on local pay is on Cost of living.

Before you buy in Belfair

Six things worth knowing

10

New listings in July

The month with the most choice. December has the fewest, about 3.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $429K home, about $2,790 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Belfair, from test results, graduation and how much students grow.

Schools in Belfair
31 min

Typical commute

The average one-way trip to work for people who live in Belfair.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Allyn and Bremerton sell for less a square foot; Key Center for far more

The busier markets within 25 miles of Belfair, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bremerton600$459K$27259%19
Wauna62$760K$36539%29
Allyn60$508K$28632%51
Belfair51$429K$31143%20
Bethel51$573K$30463%27
Key Center44$788K$39623%45
Stansberry Lake25$515K$33952%27

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Belfair, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Belfair. People who follow the town see it, and so do people comparing Belfair with their own town. No commission, no listing fee.

Questions about buying a home in Belfair

What do homes sell for in Belfair, WA?

51 homes sold in the year to May 2026 at a typical $429K, $311 a square foot.

Is Belfair a buyer’s or seller’s market?

A seller’s market: 15 homes were for sale in May 2026 and 6 sold, about 2.5 months of supply. Buyers paid 99.8% of asking on average, and 36% of listings cut their price.

When is the best time to buy in Belfair?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Belfair?

About 0.7% of a home’s value a year. On a $429K home that’s near $2,790.

Where can I see homes for sale in Belfair?

Zillow, Redfin, Realtor.com and Homes.com all carry Belfair’s MLS listings; the search links above open each one filtered to Belfair.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).