Is Washington, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Washington has remained a Seller's Market.

Key Takeaway

Washington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Washington, WI

How much do homes in Washington, WI cost?

Median Sold Price

$422,500

$171/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$62,500(+17.4%)

Key Takeaway

Homes in Washington have sold for 17.4% more than they did a month ago.

Summary: The median home sold price in Washington was $422,500 in April 2024, up 17.4% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$399.2K
+14.1%
4 $615K$395K
-35.8%
5+ $674.1K$595K
-11.7%

Summary: Washington housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.1%, 4 bedroom homes decreased by 35.8%, and 5+ bedroom homes decreased by 11.7%.

Housing Supply in Washington, WI

How many homes are available in Washington, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3133+6.5%

Summary: The Washington real estate market had 33 homes for sale in April 2024, a 6.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1315
+15.4%
4 1412
-14.3%
5+ 46
+50.0%

Summary: The Washington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Washington in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Washington, WI

How long does it take to sell a home in Washington, WI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Washington are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Washington; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Washington, WI

Nearby Markets to Washington, WI

What housing markets are near Washington, WI?