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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington County is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Washington County, GA

How much do homes in Washington County, GA cost?

Median Sold Price

$168,000

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$3,000(-1.8%)

Key Takeaway

Homes in Washington County have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Washington County was $168,000 in February 2024, down 1.8% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $151.5K$123K
-18.8%
3 $165K$174K
+5.5%
4 $193.4K$159K
-17.8%
5+ $347.5K$315K
-9.4%

Summary: Washington County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Counties

Hancock County
+20.3%
Baldwin County
+2.3%
Washington County
-1.8%

Housing Supply in Washington County, GA

How many homes are available in Washington County, GA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4445+2.3%

Summary: The Washington County real estate market had 45 homes for sale in February 2024, a 2.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 2222
0.0%
4 1010
0.0%
5+ 12
+100.0%

Summary: The Washington County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
210+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Washington County in February 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Washington County, GA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
48 Days81 Days+68.0%

Summary: Homes in Washington County had an average of 81 days on market in Feb 2024, up by 68% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were 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 February 2024, 10 homes were sold in Washington County; 10% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 40% 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 27 Days Ago

Newest Listings in Washington County, GA

Nearby Markets to Washington County, GA

What housing markets are near Washington County, GA?