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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Washington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Washington, GA

How much do homes in Washington, GA cost?

Median Sold Price

$167,500

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+6.3%)

Key Takeaway

Homes in Washington have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Washington was $167,500 in March 2024, up 6.3% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $149.3K$187K
+25.2%
3 $94K$152K
+61.7%
4 $372.5K$140K
-62.4%
5+ $293.5K$287.5K
-2.0%

Summary: Washington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.2%, 3 bedroom homes increased by 61.7%, 4 bedroom homes decreased by 62.4%, and 5+ bedroom homes decreased by 2%.

Housing Supply in Washington, GA

How many homes are available in Washington, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
20200.0%

Summary: The Washington real estate market had 20 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 76
-14.3%
4 22
0.0%
5+ 88
0.0%

Summary: The Washington 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 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

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, 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 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, GA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
100 Days32 Days-67.9%

Summary: Homes in Washington had an average of 32 days on market in Mar 2024, down by 67.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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 March 2024, 3 homes were sold in Washington; 67% of homes were sold within 30 days, 33% 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 25 Days Ago

Newest Listings in Washington, GA

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