Is Washington County, LA 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 April 2022

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.

How much do homes in Washington County, LA cost?

Median Sold Price

$155,000

$96/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2022.

Key Takeaway

The sold price of homes in Washington County has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $124K$88.2K
-28.8%
2 $100K$107.5K
+7.5%
3 $165K$149.9K
-9.2%
4 $183.7K$208.3K
+13.4%
5+ $321K$205K
-36.2%

Median Sold Price Compared To Nearby Counties

Saint Tammany County
+6.6%
Tangipahoa County
+2.7%
Washington County
0.0%

How many homes are available in Washington County, LA?

Number of Homes For Sale

Mar 2023Apr 2023%
7379+8.2%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 10
-100.0%
2 1112
+9.1%
3 4249
+16.7%
4 1815
-16.7%
5+ 13
+200.0%

Number of Homes Sold

Mar 2023Apr 2023%
147-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were 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. 42.9% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
52 Days38 Days-26.1%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Washington County, LA

Homes for sale in Washington County, LA have reached 79. In April 2023 in Washington County, LA there were 8.2% more homes for sale than in March 2023. The median list price of listings available in April 2023 was $155,000, while the average time on the real estate market was 38 days. From March 2023 through April 2023, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 28.8%, the cost of 2 bedrooms properties went up by 7.5%, prices of 3 bedrooms properties decreased by 9.2%, 4 bedrooms properties became 13.4% more expensive, 5 bedrooms properties prices decreased by 36.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 100%, number of 2 bedrooms homes increased by 9.1%, 3 bedrooms homes inventory increased by 16.7%, 4 bedrooms homes became 16.7% less available, 5 bedrooms homes became 200% more available. Over 1 listings were sold over their listed price in April 2023 in Washington County, LA. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price.

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