House Prices

Morgan Hill Port Townsend, WA House Prices & Home Values 2026


Average Data

average house price$519,467
average size per house1831 ft²
average price per ft²294 $ / ft²

04/17/2026 - The value range (VR) for house prices in Morgan Hill Port Townsend, WA is $279.3/ sqft to $308.7/ sqft. An average home with 1831 sqft costs approximately $529,298 to $585,013. Port Townsend, WA includes 1 ZIP codes and it is located in Jefferson county. The lowest prices are found in ZIP 98368, while the highest are in ZIP 98368. The average price per sqare feet is $294. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Morgan Hill Port Townsend

98368295 $ / ft²




Historical development of home values in Morgan Hill Port Townsend

Year Estimated value (USD) Change vs. 2025
2010 $241,250 -53.6%
2011 $231,921 -55.4%
2012 $231,296 -55.5%
2013 $239,942 -53.8%
2014 $251,872 -51.5%
2015 $264,799 -49.0%
2016 $278,619 -46.4%
2017 $293,657 -43.5%
2018 $309,892 -40.3%
2019 $324,261 -37.6%
2020 $341,024 -34.4%
2021 $387,878 -25.3%
2022 $452,178 -13.0%
2023 $476,843 -8.2%
2024 $504,429 -2.9%
2025 $519,467 0.0%

Graph: estimated home values in Morgan Hill Port Townsend over time (USD)



Example: 100% financing house in Morgan Hill Port Townsend

Loan amount: $519,467

Interest rate: 6.21%

Fixed monthly payment: $3,184.95

Breakdown in the 1st month:
Interest portion: $2,688.24  –  Principal portion: $496.70

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,086.29 $6,133.06 $513,333.94
2 $31,694.40 $6,524.95 $506,808.99
3 $31,277.46 $6,941.89 $499,867.10
4 $30,833.89 $7,385.46 $492,481.64
5 $30,361.97 $7,857.38 $484,624.26
6 $29,859.90 $8,359.45 $476,264.81
7 $29,325.74 $8,893.61 $467,371.20
8 $28,757.45 $9,461.90 $457,909.30
9 $28,152.85 $10,066.50 $447,842.81
10 $27,509.62 $10,709.73 $437,133.08
11 $26,825.29 $11,394.06 $425,739.02
12 $26,097.23 $12,122.12 $413,616.89
13 $25,322.64 $12,896.71 $400,720.18
14 $24,498.56 $13,720.79 $386,999.39
15 $23,621.83 $14,597.52 $372,401.87
16 $22,689.07 $15,530.28 $356,871.59
17 $21,696.71 $16,522.64 $340,348.95
18 $20,640.94 $17,578.41 $322,770.54
19 $19,517.71 $18,701.64 $304,068.90
20 $18,322.70 $19,896.65 $284,172.25
21 $17,051.34 $21,168.01 $263,004.24
22 $15,698.74 $22,520.61 $240,483.63
23 $14,259.71 $23,959.64 $216,523.98
24 $12,728.73 $25,490.62 $191,033.36
25 $11,099.92 $27,119.43 $163,913.93
26 $9,367.03 $28,852.32 $135,061.61
27 $7,523.41 $30,695.94 $104,365.67
28 $5,561.99 $32,657.36 $71,708.31
29 $3,475.24 $34,744.11 $36,964.20
30 $1,255.15 $36,964.20 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Morgan Hill Port Townsend, WA


1500 sqft3900 sqft
Ø selling price$552,287$1,174,864
Ø fast selling$502,079$1,057,378
Ø high price sale$602,495$1,292,351

In 2026, houses in Morgan Hill Port Townsend, WA will be offered at an average price of $294 per square foot. A 1,500 sqft home priced at $552,287 is 23.81% more expensive per square foot than a 3,900 sqft home priced at $1,174,864. Home prices in Morgan Hill Port Townsend, WA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $813,368. Sellers who can wait longer may achieve a higher price of up to $994,116.


Explore Morgan Hill, Port Townsend WA

Location and Views

The Morgan Hill neighborhood rises above historic Port Townsend, offering sweeping views of Port Townsend Bay and the Cascades.
Its elevated location places residents close to the Uptown district while feeling tucked away and quiet.

Architecture and Real Estate

Housing on Morgan Hill blends restored Victorian-era residences with thoughtfully updated cottages and custom builds.
Buyers exploring Port Townsend real estate value the hill for character properties, potential water views, and steady demand.

Lifestyle and Walkability

Walkability is a major draw, with sidewalks connecting to cafes, the farmers market, and local schools in just minutes.
Outdoor lovers enjoy quick access to trails, pocket parks, and shoreline strolls without leaving the neighborhood.

History and Character

A strong sense of history is evident in preserved architecture, mature trees, and the maritime stories that define the town.
Community events and arts venues nearby create an inviting, small-town rhythm year round.

Access and Nearby Amenities

Commuters appreciate convenient routes to Highway 20, ferry service, and regional employers across the Olympic Peninsula.
Whether searching for homes for sale in Morgan Hill or planning a relocation to Jefferson County, this hillside enclave delivers charm, views, and everyday convenience.



FAQ – Home Values in Morgan Hill Port Townsend

What is the median home value in Morgan Hill Port Townsend in 2026?

In 2026, the typical home value in Morgan Hill Port Townsend is about $519,467 for an average home size of 1831 square feet. This corresponds to an average price of roughly $294 per square foot.

What is the average cost per square foot in Morgan Hill Port Townsend?

In 2026, homes in Morgan Hill Port Townsend sell for an average of around $294 per square foot, with a typical range between $279.3 and $308.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Morgan Hill?

The average home size in Morgan Hill Port Townsend is about 1831 square feet, with an estimated 2026 value around $519,467.



Neighborhoods close to Morgan Hill Port Townsend, WA

Lincoln Vancouver, WA211 $ / ft²
Northside Pullman, WA290 $ / ft²
Five Mile Prairie Spokane, WA168 $ / ft²
Utsalady Camano Island, WA435 $ / ft²
Downtown Monroe Monroe, WA355 $ / ft²
Bayside Everett, WA245 $ / ft²
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