Market Overview
Home Prices in Port Ludlow, WA
The median home value in Port Ludlow, WA is $653,483 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Port Ludlow are priced59% above average.
Over the past five years, Port Ludlow home values have risen by approximately9.5%, reflecting steady appreciation in this market.
Price History
Port Ludlow Home Price Trend
2020
$463,853
$464K
—
2021
$596,671
$597K
+28.6%
2022
$716,045
$716K
+20.0%
2023
$659,625
$660K
-7.9%
2024
$654,955
$655K
-0.7%
2025
$656,452
$656K
+0.2%
2026
$653,483
$653K
-0.5%
City Comparison
Port Ludlow vs. National Median
🏠 Port Ludlow
$653,483
National Median
$410,000
At $653,483, homes in Port Ludlow cost 59% above the national median of $410,000. Buyers in Port Ludlow should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Port Ludlow?
20% Down Payment
$130,697
on $653,483
Monthly P&I
$3,408/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,328/mo
incl. taxes & insurance
Income Needed
$173,120
gross annual (30% rule)
10% Down Option
$65,348
+ PMI applies
Loan Amount (20% dn)
$522,786
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 Port Ludlow, WA?
The median home value in Port Ludlow is $653,483 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Port Ludlow?
Over the past year, home values in Port Ludlow have decreased by 0.5%. Over five years, prices have risen approximately 9.5%.
How much do I need to earn to buy a home in Port Ludlow?
To comfortably afford the median home price of $653,483 with a 20% down payment ($130,697) at today's rates (6.8%), you'd need a gross annual income of approximately $173,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Port Ludlow compare to the national average home price?
The national median home value is approximately $410,000. At $653,483, homes in Port Ludlow are 59% above the national average.