
Portage Bay real estate.
Lakefront pocket between Eastlake and the U-District.
- Median sale price
- $810K
- Days on market
- 14
- Active listings
- 142
MLS GRID / NWMLS market data · zip 98102 · Jul 2026

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
$810K
14 days on market · 8.4 mo supply
142 active listings · updated Jul 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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Live NWMLS listings in Portage Bay (zip 98102), refreshed hourly.
ActiveNew today$875,000
MLS# 25507472315 B Franklin Avenue E #b
Seattle, WA 98102
3 bd2 ba1,560 sqftListing courtesy of Windermere Real Estate/East
ActiveNew today$1,049,000
MLS# 25477862239 Minor Avenue E #c
Seattle, WA 98102
3 bd1 ba1,360 sqftListing courtesy of The Agency Seattle/Eastside
ActiveNew today$850,000
MLS# 25329963021 Fuhrman Avenue E
Seattle, WA 98102
4 bd1 ba1,560 sqftListing courtesy of Windermere Real Estate JS
ActiveNew today$598,000
MLS# 2550920525 Belmont Avenue E #7a
Seattle, WA 98102
2 bd1 baListing courtesy of Every Door Real Estate
ActiveNew today$849,950
MLS# 2543281422 10th Avenue E #f
Seattle, WA 98102
2 bd1 ba1,040 sqftListing courtesy of COMPASS
ActiveNew today$1,575,000
MLS# 25508712020 Fairview Avenue E #a
Seattle, WA 98102
3 bd3 ba1,686 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
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 $810K, based on the most recent NWMLS market data refreshed Jul 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 14 days, with 142 active listings tracked in this zip code as of Jul 2026. The market here moves quickly. Most well-priced homes are receiving strong activity within the first two weeks.
- 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
Considering Portage Bay? Buyers commonly compare it against these adjacent Seattle neighborhoods.
Eastlake
Lake Union waterfront with houseboats and quick downtown access.
Montlake
Tree-lined Craftsman streets between UW and Lake Washington.
University District
Walkable neighborhood centered on the University of Washington.
Capitol Hill
Seattle's most vibrant urban neighborhood — restaurants, music venues, and Light Rail to downtown.