The Kitsap Peninsula is dotted with hidden gems. Is it possibly Washington’s best-kept secret? With a flourishing downtown, its Nordic roots on full display, and easy access to the waterfront, Poulsbo is the kind of town that woos visitors into becoming life-long residents. Its cost of living is less than Bainbridge Island to the southeast, it offers traditional Craftsman and Bungalow homes near downtown, as well as more private residences farther outside of its city center, and of course, ample waterfront opportunity, whether you may be looking for deep water to moor a boat, or just breathtaking waterfront views of Liberty Bay.
One of Poulsbo’s most distinguishing features is the downtown and waterfront’s dedication to its Nordic heritage. While Seattle’s Nordic Museum tells a similar story of migration, Poulsbo has embraced the Nordic culture through architectural nods, baked goods, and multi-day festivals that the in-city stylings of Ballard have turned away from during a surge of in-city growth. The parallel here between the two communities is quite apparent. As the pandemic opened the door for remote work, those who seek a life near the water with Scandinavian conveniences and a calmer pace of growth may look no further than Poulsbo itself.
View the latest market trends in Poulsbo →
While Poulsbo’s school districts aren’t recognized as the top in the state, websites including niche.com have recognized its public education for its achievements in college preparedness. As evident from its local events, the community values tradition, art, and a thriving business community, as well.
Between 2010 and 2021, the population of Poulsbo grew by 26.74%. The only Kitsap community that saw more growth was Port Orchard, and across Kitsap County, the population grew by just under 10%. The pace and community of Poulsbo have made it welcoming to retirees, with 21.6% of residents 65 years old or older, it’s a slightly older population than Kitsap County as a whole. That shouldn’t discourage the benefits of this calm pace of living to any who might desire calm morning strolls along Liberty Bay, or who want to take advantage of the city parks or longer hikes at other Kitsap County outdoor respits.
This article first appeared in Realogics Sotheby’s International Realty’s 2023 Forecast Report, a comprehensive look at the Pacific Northwest’s ever-changing residential real estate landscape.