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 seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Washington County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Washington County, LA cost?

Median Sold Price

$155,000

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$10,000(+6.9%)

Key Takeaway

Homes in Washington County have sold for 6.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $150K$124K
-17.3%
2 $97.8K$100K
+2.2%
3 $135K$162K
+20.0%
4 $200K$183.7K
-8.1%
5+ $284K$321K
+13.1%

Median Sold Price Compared To Nearby Counties

Tangipahoa County
+17.9%
Saint Tammany County
+11.5%
Washington County
+6.9%

How many homes are available in Washington County, LA?

Number of Homes For Sale

Mar 2022Apr 2022%
7173+2.8%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 11
0.0%
2 136
-53.8%
3 4443
-2.3%
4 1320
+53.8%
5+ 03
+100.0%

Number of Homes Sold

Mar 2022Apr 2022%
2116-23.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 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. 37.5% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
41 Days36 Days-13.9%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were 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

Number of homes for sale in Washington County, LA real estate market have reached 73. The number of homes for sale in Washington County, LA increased by 2.8% between March 2022 and April 2022. The median list price of listings available in April 2022 was $155,000, while the average time on the real estate market was 36 days. Between March 2022 and April 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties decreased by 17.3%, 2 bedrooms properties became 2.2% more expensive, prices of 3 bedrooms properties went up by 20%, the cost of 4 bedrooms properties went down by 8.1%, 5 bedrooms properties prices increased by 13.1%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 53.8%, number of 3 bedrooms homes decreased by 2.3%, the quantity of 4 bedrooms homes went up by 53.8%, volume of 5 bedrooms homes went up by 100%. In April 2022, from all listings sold in Washington County, LA there were more than 5 sold above asking price, over 6 sold below and more than 5 were sold right at the asked price.

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