Is Washington County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Washington County was a Seller's Market.

Key Takeaway

Washington County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Washington County, CO

How much do homes in Washington County, CO cost?

Median Sold Price

$235,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,250(+9.4%)

Key Takeaway

Homes in Washington County have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Washington County was $235,000 in March 2024, up 9.4% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $115K$110K
-4.3%
2 $160K$166.5K
+4.1%
3 $212.2K$241.9K
+14.0%
4 $273.2K$201.6K
-26.2%
5+ $242.9K$285K
+17.3%

Summary: Washington County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes increased by 17.3%.

Median Sold Price Compared To Nearby Counties

Washington County
+9.4%
Logan County
+8.4%
Morgan County
+2.8%
Kit Carson County
-14.0%

Housing Supply in Washington County, CO

How many homes are available in Washington County, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2326+13.0%

Summary: The Washington County real estate market had 26 homes for sale in March 2024, a 13.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 910
+11.1%
4 77
0.0%
5+ 54
-20.0%

Summary: The Washington County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Washington County in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Washington County, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
75 Days90 Days+19.8%

Summary: Homes in Washington County had an average of 90 days on market in Mar 2024, up by 19.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Washington County has remained consistent over time.

Summary: During March 2024, 3 homes were sold in Washington County; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in Washington County, CO

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What housing markets are near Washington County, CO?