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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington is a buyer's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

Washington 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, NY cost?

Median Sold Price

$640,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$97,500(+18.0%)

Key Takeaway

Homes in Washington have sold for 18% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $535K$299.9K
-43.9%
2 $293K$280K
-4.4%
3 $476K$487.5K
+2.4%
4 $795K$947.4K
+19.2%
5+ $662.5K$1.2M
+88.7%

How many homes are available in Washington, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
3640+11.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 22
0.0%
2 34
+33.3%
3 1214
+16.7%
4 78
+14.3%
5+ 1212
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
13+200.0%

Asking Price vs. Sold Price

1 Home Was 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, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
127 Days42 Days-66.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Washington has remained consistent over time.

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

About Washington, NY

Number of homes for sale in Washington, NY real estate market have reached 40. The number of homes for sale in Washington, NY increased by 11.1% between September 2022 and October 2022. In October 2022, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $640,000. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 43.9%, 2 bedrooms properties became 4.4% more cheaper, prices of 3 bedrooms properties went up by 2.4%, prices of 4 bedrooms properties increased by 19.2%, the cost of 5 bedrooms properties went up by 88.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes became 33.3% more available, volume of 3 bedrooms homes went up by 16.7%, volume of 4 bedrooms homes went up by 14.3%, volume of 5 bedrooms homes stayed the same. Washington, NY housing market in October 2022 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.

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