Is Washington County, OK 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 March 2023

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.

Housing Prices in Washington County, OK

How much do homes in Washington County, OK cost?

Median Sold Price

$167,500

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,580(-3.2%)

Key Takeaway

Homes in Washington County have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Washington County was $167,500 in March 2024, down 3.2% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $54.2K$56K
+3.2%
2 $85K$90K
+5.9%
3 $155.8K$158K
+1.4%
4 $266K$280K
+5.3%
5+ $300K$324.5K
+8.2%

Summary: Washington County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Counties

Rogers County
+11.5%
Washington County
-3.2%

Housing Supply in Washington County, OK

How many homes are available in Washington County, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
208200-3.8%

Summary: The Washington County real estate market had 200 homes for sale in March 2024, a 3.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 86
-25.0%
2 2727
0.0%
3 9293
+1.1%
4 6659
-10.6%
5+ 1515
0.0%

Summary: The Washington County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5561+10.9%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

6 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. 60.7% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Washington County in March 2024, up by 10.9% month-over-month. Of the 61 sold homes, 61% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for Washington County, OK

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

Average Sale Time

Mar 2023Mar 2024CHANGE
29 Days30 Days+5.4%

Summary: Homes in Washington County had an average of 30 days on market in Mar 2024, up by 5.4% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

5 Homes Were 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.

Summary: During March 2024, 61 homes were sold in Washington County; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in Washington County, OK

Nearby Markets to Washington County, OK

What housing markets are near Washington County, OK?