What is the median sale price in Portage Bay?

The current median sale price in the Portage Bay zip code is $898K ($625 per square foot), based on the most recent NWMLS data refreshed May 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 38 days, with 211 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.

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: $898K
Days on market: 38
Active listings: 211

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

$898K

$625/sqft · 38 days on market

211 active listings · updated May 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?

Get curated active listings, off-market opportunities, and an offer strategy built for Portage Bay.

Search Portage Bay homes →

Selling in Portage Bay?

Get a real agent-prepared estimate of your Portage Bay home's value and a custom listing plan.

Sell my Portage Bay home →

Active homes for sale in Portage Bay

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

See all homes →

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 $898K ($625 per square foot), based on the most recent NWMLS data refreshed May 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 38 days, with 211 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.
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.

← All Seattle neighborhoods