Is Washington County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Washington County has remained a Seller's Market.
Housing Prices in Washington County, NC
How much do homes in Washington County, NC cost?
Median Sold Price
$165,000
$93/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Washington County was $165,000 in May 2024, up 20.4% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201K | - | N/A |
3 Bedrooms | $74.9K | $115K | +53.5% |
4 Bedrooms | $112.5K | $304.5K | +170.7% |
5+ Bedrooms | - | - | N/A |
Summary: Washington County housing prices by bedroom type for May 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 53.5%, 4 bedroom homes increased by 170.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Tyrrell County | $148K | $307K | +107.4% |
Bertie County | $193.5K | $279K | +44.2% |
Washington County | $137K | $165K | +20.4% |
Housing Supply in Washington County, NC
How many homes are available in Washington County, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 39 | -2.5% |
Summary: The Washington County real estate market had 39 homes for sale in May 2024, a 2.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Washington County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Washington County in May 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Washington County, NC
How long does it take to sell a home in Washington County, NC?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
84 Days | 64 Days | -24.1% |
Summary: Homes in Washington County had an average of 64 days on market in May 2024, down by 24.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Washington County; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.