What is the median sale price in Portage Bay?

The current median sale price in the Portage Bay zip code is $808K, based on the most recent NWMLS market data refreshed Aug 2026. Typical asking prices in Portage Bay run Single-family $1.2M–$2.5M, view and waterfront homes $2.5M–$5M, floating homes $1M–$3M+.

How competitive is the Portage Bay real estate market right now?

Median days-on-market in Portage Bay is currently 9 days, with 155 active listings tracked in this zip code as of Aug 2026. Inventory turns very quickly — well-priced homes routinely receive multiple offers within the first week.

Which schools serve Portage Bay?

Seattle Public Schools; TOPS K-8 or McDonald Elementary, Hamilton Middle School, Lincoln High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.

How do I buy or sell a home in Portage Bay?

RexMont's agents represent buyers and sellers across Portage Bay and the broader Seattle market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Portage Bay real estate.

Lakefront pocket between Eastlake and the U-District.

Median sale price: $808K
Days on market: 9
Active listings: 155

Talk to a Portage Bay specialist Get my home value

Portage Bay Seattle lakefront homes and houseboats on calm Lake Union between Eastlake and U-District

About Portage Bay

Portage Bay is a small lakefront neighborhood at the eastern end of Lake Union, between Eastlake and the University of Washington. The neighborhood is best known for its floating home community and the Portage Bay Cafe.

Housing splits between Craftsman single-family on the hill above the bay, lakefront and view homes along the shoreline, and the distinctive floating homes themselves. Inventory is exceptionally tight and the waterfront housing market is highly specialized.

Median Sale Price

$808K

9 days on market · 7.4 mo supply

155 active listings · updated Aug 2026

Schools

Seattle Public Schools; TOPS K-8 or McDonald Elementary, Hamilton Middle School, Lincoln High School

Commute

5 min to UW. 10 min to downtown. 10 min to South Lake Union/Amazon.

Buying in Portage Bay?

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Active homes for sale in Portage Bay

Live NWMLS listings in Portage Bay (zip 98102), refreshed hourly.

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Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use.

Common questions about Portage Bay real estate

What is the median sale price in Portage Bay?: The current median sale price in the Portage Bay zip code is $808K, based on the most recent NWMLS market data refreshed Aug 2026. Typical asking prices in Portage Bay run Single-family $1.2M–$2.5M, view and waterfront homes $2.5M–$5M, floating homes $1M–$3M+.
How competitive is the Portage Bay real estate market right now?: Median days-on-market in Portage Bay is currently 9 days, with 155 active listings tracked in this zip code as of Aug 2026. Inventory turns very quickly — well-priced homes routinely receive multiple offers within the first week.
Which schools serve Portage Bay?: Seattle Public Schools; TOPS K-8 or McDonald Elementary, Hamilton Middle School, Lincoln High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.
What is the commute like from Portage Bay?: 5 min to UW. 10 min to downtown. 10 min to South Lake Union/Amazon.
How do I buy or sell a home in Portage Bay?: RexMont's agents represent buyers and sellers across Portage Bay and the broader Seattle market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Nearby Seattle neighborhoods

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