Is Washington, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Washington has remained a Buyer's Market.
Key Takeaway
Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Washington, NY
How much do homes in Washington, NY cost?
Median Sold Price
$470,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Washington have sold for 18.3% less than they did a year ago.
Summary: The median home sold price in Washington was $470,000 in April 2024, down 18.3% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $359.9K | $750K | +108.4% |
| 2 Bedrooms | $315K | $476K | +51.1% |
| 3 Bedrooms | $552.1K | $452.5K | -18.0% |
| 4 Bedrooms | $1.1M | $457K | -60.3% |
| 5+ Bedrooms | $1.4M | $985K | -32.1% |
Summary: Washington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108.4%, 2 bedroom homes increased by 51.1%, 3 bedroom homes decreased by 18%, 4 bedroom homes decreased by 60.3%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Cities
| Amenia | $350K | $435K | +24.3% |
| Millbrook | $457.5K | $508.7K | +11.2% |
| Washington | $575K | $470K | -18.3% |
Housing Supply in Washington, NY
How many homes are available in Washington, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 27 | +28.6% |
Summary: The Washington real estate market had 27 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 2 | 7 | +250.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Washington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 250%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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 1 homes were sold or pending in Washington in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washington, NY
How long does it take to sell a home in Washington, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 40 Days | -38.9% |
Summary: Homes in Washington had an average of 40 days on market in Apr 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Washington has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Washington; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.