Market Overview
Home Prices in Bainbridge Island, WA
The median home value in Bainbridge Island, WA is $1,194,990 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bainbridge Island are priced191% above average. Bainbridge Island is part of the Bremerton-Silverdale-Port Orchard, WA metro area.
Over the past five years, Bainbridge Island home values have risen by approximately12.7%, reflecting steady appreciation in this market.
Price History
Bainbridge Island Home Price Trend
City Comparison
Bainbridge Island vs. National Median
At $1,194,990, homes in Bainbridge Island cost 191% above the national median of $410,000. Buyers in Bainbridge Island should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bainbridge Island?
20% Down Payment
$238,998
on $1,194,990
Monthly P&I
$6,232/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,915/mo
incl. taxes & insurance
Income Needed
$316,600
gross annual (30% rule)
10% Down Option
$119,499
+ PMI applies
Loan Amount (20% dn)
$955,992
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bainbridge Island, WA?
The median home value in Bainbridge Island is $1,194,990 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Bainbridge Island?
Over the past year, home values in Bainbridge Island have increased by 0.4%. Over five years, prices have risen approximately 12.7%.
How much do I need to earn to buy a home in Bainbridge Island?
To comfortably afford the median home price of $1,194,990 with a 20% down payment ($238,998) at today's rates (6.8%), you'd need a gross annual income of approximately $316,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Bainbridge Island compare to the national average home price?
The national median home value is approximately $410,000. At $1,194,990, homes in Bainbridge Island are 191% above the national average.
What metro area is Bainbridge Island part of?
Bainbridge Island is part of the Bremerton-Silverdale-Port Orchard, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.